Financial sector libralization and capital market development in nigeria

 

Table Of Contents


  • <p> </p><div><p>Title page——————————————————————————————— I<br>Certification page ————————————————————————<br>Dedication ———————————————————————————-<br>Acknowledgement———————————————————————–<br>Abstract————————————————————————————–<br>Table of content—————————————————————————I<br>

Chapter ONE

INTRODUCTION

  • .0 Introduction—————————————————————</p><ol><li><ol><li>Back ground to the study—————————————-1</li><li>Statement of Problem———————————————3</li><li>Scope of the Study————————————————-3</li><li>Justification of the study——————————————4</li><li>Objectives of the study ——————————————4</li><li>Research Questions———————————————–5</li><li>Research Hypothesis———————————————-5</li><li>Methodology of the study—————————————-6</li><li>Sources of Data——————————————————6</li><li>Outline of chapters————————————————–6</li></ol></li></ol><p>

Chapter TWO

LITERATURE REVIEW

  • .0 Literature Review ——————————————————-7<br>
  • 2.1Introduction—————————————————————————-7<br>
  • 2.2The Nigerian Financial System————————————————9<br>2.
  • 2.1The Money Market—————————————————————11<br>2.
  • 2.2The Capital Market————————————————————–13<br>2.
  • 2.3The Nigerian Stock Exchange———————————————–19<br>
  • 2.3Globalization and Financial Sector Liberalization———————–20<br>Chapter3.0Theoretical framework and Research Methodology———-24<br>
  • 3.1Introduction—————————————————————————24<br>
  • 3.2Theoretical Issues on Financial Sector Liberalization in LDCs—–24<br>
  • 3.3Research Design——————————————————————–27<br>3.
  • 3.1Model Specification————————————————————-27<br>3.
  • 3.2Data Sources———————————————————————-28<br>
  • 3.4Nature of Research Method—————————————————–28<br>
  • 3.5Method of Data Presentation and Analysis——————————-29<br>

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • .0 Data Analysis and Results——————————————33<br>
  • 4.1Introduction—————————————————————————.33<br>
  • 4.2Presentation of Data—————————————————————33<br>
  • 4.3Data Analysis and Result——————————————————–34<br>
  • 4.4Testing of Hypothesis and Results Discussion.————————-35<br>Chapter5.0 Summary, Findings and Conclusion——————————45</p><ol><li><ol><li>Summary ————————————————————-45</li><li>Theoretical findings————————————————-46</li></ol></li></ol><p>
  • 5.3Recommendation and limitation of the study.—————47<br>
  • 5.4Conclusion—————————————————————————-..48<br>Appendices – Bibliography, Tables and results</p></div><h3></h3><br> <br><p></p>

Project Abstract

<p> </p><p>ThisResearchstudy was carried out to find the link between financial sector liberalization and capital market Development. As part of the Structural Adjustment Programme (SAP) of 1986, the Nigerian Government initiated a large scale restructuring<br>Of the financial sector and the liberalization of the regulations concerning financial institutions and markets. This was justified on the basis of existing market failures which<br>arose from externalities and lack of information</p><p>Using the econometric techniques, we found, that financial liberalization increased the real deposit ratio and also will lead to a substitution into financial asset resulting in a greater supply credit to finance real investment for capital market development and economic growth. Consequently, we recommend that for macroeconomic stability, efficiency and proper development of the financial system, direct control should be discouraged while indirect control should be encouraged through the market mechanism.</p> <br><p></p>

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