Stock market activities drive economic growth in Nigeria, study finds.
Stock market activities like market capitalization, number of deals, and All Share Index have a positive impact on economic growth in Nigeria, while the volume of trading has a negative effect. This means that the stock market plays a significant role in influencing the country's economic growth. Investors should take advantage of stock market opportunities, and market makers and regulators should maintain best practices to ensure confidence and continued participation by various economic agents.