Stock market performance in Nigeria significantly impacts economic growth.
The study looked at how the stock market in Nigeria affects the country's economic growth from 1984 to 2011. They found that changes in stock market performance can explain a large portion of economic growth in the short and long term. Market Capitalization, Value of Transactions, and All Share Index were important factors. The research suggests that regulators and operators in the stock market should focus on policies that can improve market credibility and create a stable economic environment for investors.