Capital Market Structure and Development in Nigeria- Using the Nigerian Stock Exchange as a Case Study
Capital market in Nigeria has been in existence from time immemorial before the colonial era in the form of light capital market.According to Mohammed (1998) capital market is a place where investment decisions among savers users of funds are taking the market constitutes of major investment decision instrument of a capital economy.
Stock exchange developed it’s root the middle ages. In those days, bourgeoning trade in agriculture and commercial commodities was developing in some of the European countries. It was the practice in these trader that geared individual traders together at a place in appointment days to strike bargains in commodities. [Read more…]