THE NIGERIAN STOCK EXCHANGE: A BANE FOR SUSTAINABLE ECONOMIC DEVELOPMENT
Journal Title: European Journal of Business and Social Sciences - Year 2015, Vol 3, Issue 12
Abstract
The focus of this paper is to evaluate the impact of Nigerian stock exchange as a tool for sustainable economic development. This paper outlines the functions of the Nigerian Stock Exchange, reviews its contributions to economic development process and draws some useful lessons. These lessons include the need to strengthen private enterprise sector through structural reforms, infrastructural development, the importance of strong government commitment and the need for a professional and highly development securities industry.
Authors and Affiliations
Dr. Eyisi Adanma Sabina| (Corresponding Author) Department of Accountancy University of Nigeria, Enugu Campus Enugu, Enugu State of Nigeria Email: adanma.eyisi@unn.edu.ng, Dr. Chioma Dorathy Oleka| Department of Banking and Finance Enugu State University of Science and technology Enugu, Enugu State, Dr. Nwanne T. F. I. | Department of Accounting and Finance Godfrey Okoye University Enugu State of Nigeria
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