The study looked at what affects the stock market in Nigeria from 1986 to 2016. They used factors like market size, income, interest rates, and inflation. They found that interest rates, inflation, and past market size were the main things that influenced trading on the Nigerian Stock Exchange. They also found that when inflation, interest rates, and income go up, the stock market tends to go down. The study suggests that the government should keep interest rates low to encourage investment and work on reducing high inflation.