This paper examines the long-run impact of macroeconomic indicators such as interest rate, foreign capital flows, exchange rate, GDP growth, inflation and trade on stock market performance (market capitalization) in Nigeria. Using data drawn from the World Development Indicators (WDI, 2018) and...

Banks all over the world have through their unique position in an economy, contributed immensely to the economic growth and development of a nation. The significance of the banking sector in any country stems from its role of financial mobilization from surplus to deficit units of any economy,...

This research investigated savings and interest rates as the significant determinants of security market development in Nigeria. The study examined the implication of the security market on production and that of production on exports in Nigeria. The study was designed to cover a scope of 40...

This paper examines the impact of microfinance on credit expansion for microenterprises in Nigeria with an in-depth analysis of the effects of facilities offered by microfinance institutions on profit, income and savings as well as the train.ing. We used ANOVA and Turkey’s HSD test (Q...

Various efforts both at recent and time past have been employed to curb the menace of poverty in Nigeria by various successive governments. The impacts of these efforts have been debated in various quarters. This paper examines the impact of various poverty alleviation schemes in Nigeria. We...

Most investment decisions focus on a forecast of future events that is either explicit or implicit. Generally asset pricing models postulate a positive relationship between a stock portfolio's expected returns and risk, which is often modeled by the variance of the asset price. The essence of...

This paper examines the impact of microfinance on credit expansion for microenterprises in Nigeria with an in-depth analysis of the effects of facilities offered by microfinance institutions on profit, income and savings as well as the training. We used ANOVA and Turkey's HSD test (Q Obtained)...

This paper examined the impact of Microfinance Institutions' policies on the growth and development of Small Scale Business in Nigeria for the period 2005 to 2012. Nine (9) Microfinance Institutions and one hundred and fifty five (155) of their clients were interviewed. Records from the period...

The core of portfolio selection theory centers on striking a balance between risk-return trade-off of a given investment layout so as to maximize benefits. Literature reveals that portfolio selection or asset allocation problems often involve the use of mathematical programming in propounding...