USER'S INSTRUCTIONS: The project work you are about to view is on "the impact of stock exchange in the development of capital market". Please, sit back and study the below research material carefully. This project topic "the impact of stock exchange in the development of capital market" have complete 5(five) Chapters. The complete Project Material/writeup include: Abstract + Introduction + etc + Literature Review + methodology + etc + Conclusion + Recommendation + References/Bibliography.Our aim of providing this "the impact of stock exchange in the development of capital market" project research material is to reduce the stress of moving from one school library to another all in the name of searching for "the impact of stock exchange in the development of capital market" research materials. We are not encouraging any form of plagiarism. This service is legal because, all institutions permit their students to read previous projects, books, articles or papers while developing their own works.

---

TITLE PAGE

THE IMPACT OF STOCK EXCHANGE IN THE DEVELOPMENT OF CAPITAL MARKET

BY

---
EE/H2013/01430
DEPARTMENT OF ----
SCHOOL OF ---
INSTITUTE OF ---

DECEMBER,2018

---

APPROVAL PAGE

This is to certify that the research work, "the impact of stock exchange in the development of capital market" by ---, Reg. No. EE/H2007/01430 submitted in partial fulfillment of the requirement award of a Higher National Diploma on --- has been approved.

By
---                                                     . ---
Supervisor                                                  Head of Department.
Signature……………….                           Signature……………….        

……………………………….
---
External Invigilator

---

DEDICATION
This project is dedicated to Almighty God for his protection, kindness, strength over my life throughout the period and also to my --- for his financial support and moral care towards me.Also to my mentor --- for her academic advice she often gives to me. May Almighty God shield them from the peril of this world and bless their entire endeavour Amen.

---

ACKNOWLEDGEMENT

The successful completion of this project work could not have been a reality without the encouragement of my --- and other people. My immensely appreciation goes to my humble and able supervisor mr. --- for his kindness in supervising this project.
My warmest gratitude goes to my parents for their moral, spiritual and financial support throughout my study in this institution.
My appreciation goes to some of my lecturers among whom are Mr. ---, and Dr. ---. I also recognize the support of some of the staff of --- among whom are: The General Manager, Deputy General manager, the internal Auditor Mr. --- and the ---. Finally, my appreciation goes to my elder sister ---, my lovely friends mercy ---, ---, --- and many others who were quite helpful.

---

PROJECT DESCRIPTION: This work "the impact of stock exchange in the development of capital market" research material is a complete and well researched project material strictly for academic purposes, which has been approved by different Lecturers from different higher institutions. We made Preliminary pages, Abstract and Chapter one of "the impact of stock exchange in the development of capital market" visible for everyone, then the complete material on "the impact of stock exchange in the development of capital market" is to be ordered for. Happy viewing!!!

---

A case study of Nigeria, the contribution  of stock  exchange  in the banking  sector and in economic  well being of the general public.
          In a nutshell, the stock exchange aims to provide an atmosphere where buyer and sellers of securities  meet to buy  and sells  shares (securities)
          The importance of stock exchange  cannot  be over emphasized  in the banking  sector and even it performs prominent roles in Nigeria  economy at large. In developing our economy  in Nigeria in Banking sector, with  stock exchange  had came into being so as to perform this active part in  banking  and Nigeria  as well, in view of the above, the stock exchange  market aimed at motivating and encourage the Investor, Brokers as well  as the general public  to have improvement in their aims of buying and selling securities, through  proper usage of the instrument  used in the stock exchange market.          

TABLE OF CONTENTS
Title page
Certification
Dedication
Acknowledgement
Abstract
Table of content
CHAPTER ONE
1.0     Introduction                                                       1-2

• Background of the Study                                   2-5
• Objective of the Study                                        5-6
• Scope of the Study                                              6-7
• Statement of the Problem                                  7-8
• Research  Hypothesis                               8-9
• Limitation of the Study                                     9
• Delimitation of the Study                                  9
• Significant of the Study                                     10
• Definition of Terms                                            10-14

CHAPTER TWO:
2.0     Literature Review                                             

• The Capital Market                                           15-16
• Reasons for Establishment of the Nigeria Capital Market 16-17
• Function of the Nigeria capital market            17-18
• Composition of capital market                         18-27
• Nigeria stock exchange                                     27-28
• Development of stock exchange in Nigeria     28-27
• Function of the Nigeria stock exchange           27-34
• Instrument Used in Stock Exchange                 34-36

CHAPTER THREE
3.1     Introduction                                                        37
3.2     Research Design                                       37-39
3.3     Method of Data Collection                                39-34
3.4     Sampling Population                               40-42
3.5     Research instrument                                42-43
3.6      Questionnaire Design                                       43

CHAPTER FOUR

• Introduction                                                      44
• Data Analysis and Presentation                     44-45
• Interpretation of Data and Analysis               45-58
• General Comments                                          58-

CHAPTER FIVE

• Summary Conclusion and Recommendation
• Summary
• Conclusion
• Recommendation

Appendix
References

CHAPTER ONE

1.1 INTRODUCTION
The capital market is a market which  deals in long – term loans. It supplies industry with fixed  and working capital  and finances medium- term  and long term  borrowing  of the federal, state and local governments.
The capital  market deals in ordinary  stocks and shares and debentures of corporations and bond and securities  of government and it should  be noted that the fund which flow into the capital market come from individuals  who have savings to invest.
In another  sense the stock exchange plays an important  role in the economy, it determine the economics health of the country  and has a pivotal  role  in mobilizing  resources for the  development of capital market. It is  patient to know that the capital market functions through stock exchange market under the stock  exchange of every country.
A case study of  Nigeria stock exchange, the contribution  of stock exchange in the banking sector  and in the economic will being  of the public
In a nut shell, the tock exchange aims to provide an atmosphere when buyer and seller of securities must to buy and sell shoves (securities) the study on the role of stock exchange in the development of capital market will focus on:

• the role  of stock  exchange  in Nigeria and the capital  market
• history  of Nigeria stock exchange and it past operations
• Effect and important of stock exchange as a unit of capital market on the industrial development.
• Impact on the  investor and issues of the securities
• Nature of the capital market and exchange in the capital market operations.
• Participant in the capital market
• Problem  of Nigeria stock  exchange in the capital  market operations

Statement of the problem
The focus of the study will be to identify the role of stock.
Stock exchange in the development of capital market, and Nigeria stock exchange will be the case- study. In the course of the study answer will provided to the following.

• What are the role of stock exchange in Nigeria in the capital market
• What is the historical background of stock exchange and review of their operation in the past.
• What are the effect and importance of stock exchange as a unit of capital market on industrial development.
• What are the  participant in the capital market and exchange in the capital market operation
• Who are participant in the capital market and exchange in the capital  market operation.
• What  is the nature and who are the participant of the capital market
• What are the limitation  of problems  of Nigeria stock  exchange  in the capital market  operation

1.2 Aims and objective of the study
It is important to know that every country how their own stock exchange which contribute and determine the economy of respective country. This research work will only cover Nigeria stock exchange and it role in the development of the Nigerian capital market. By so doing, the main reason for embarking on these studies is to derived answer to the statement of the problems, which will fill the existing knowledge gap.
The aims and objective of this study include:

• to focus on the examination of the role  of stock exchange  in Nigeria, and the  capital  market.
•  To show the history of stock exchange and review of their operation in the past.
• To bring into time light the effect and important of stock exchange as a unit of capital market on the industrial development.
• To show the significant impact of the investor and issue of securities
• To know the nature of participant of the capital  market  and exchange in the capital market operation.
• To know the nature and participant  of the capital market.
• To  bring out limitation of problems of Nigeria stock exchange in the capital market operation.

1.3 Statement of hypothesis
The general hypothesis that will be tested in the study of the research  is as follow
Ho: the role of stock exchange has not develop the capital  market
Hi: the role of stock exchange has developed the capital  market
Ho: the  stock exchange  performs no function to the country
Hi: the stock exchange perform  functions to the country.
1.4 Research  methodology  
Base on the topic, the study will use primary and secondary  sources of information as well as other psychological devices;
The primary sources will include:

• Response  from questionnaire
• Materials  from the case study materials,
• Materials  from the internet.

The secondary  source will include

• Text books

and  the psychological devices  will be to studying their behavior  scenically and much emphasis  will be places on the  questionnaire  as it will cover a wider  population  than when other instrument (s) are  being  for the same purpose
question: list of  question will be drawn for respondent to answer. The study will avoid difficult and ambiguous question, the question will be simple and  straight  forward and rooms for the expression of views / findings of respondents (s) regarding the study will be created
a complete presentation of population from which it is drawn a sample, well be precisely  be part of the population, as it is a subject of the entire population of any kind.

1.5 SIGNIFICANT  OF THE STUDY
The importance  of a well developed stock market and its role in the banks recapitalization cannot be over emphasized, hence, this study is aimed at examining and analyzing  the roles or impact of Nigeria  stock exchange on the assets base of banks it aimed at assisting  prospective researcher  into the factors that led to the mergers and acquisition of the consolidation of banks.

1.6 DEFINITION OF TERM

The  capital  market: This is the market which deals with long term funds. The most important  role play in this market is the stock exchange, while the regulatory institution is the Nigeria securities and exchange commission it is  a market place where listed securities such as bond, debentures   stocks and  shares of varying type are bought  and sold
A stock  exchange is established  to act as catalyst of business expansion or growth.
Stock market operators: The stock market operator involves the following:

• Jobbers
• Stock  Brokers
• Investment  Advisers
• Issuing Houses

Jobbers: The jobbers otherwise known as market makers are independent dealers i.e. they trade on their account and bear the risk of price fluctuation. They do no receive  commission  the jobbers  returns depend on the spread between bid and offer prices.
The function of the  jobber includes  maintaining a continuous and  orderly market with the aim of ensuring  that securities  are readily available  and trade and prevailing  market prices.
Stock Brokers: These are member of the exchange who buy and sell securities on behalf of the investment public
They also sponsor  issues to the stock exchange  for listing an also  underwrite  and handle primary  distribution  of securities.
Investment Advisers: these are non- registered members of the exchange  who perform functions similar  to stock brokers. Not being  members of the exchange, they cannot sponsor  issues to the stock  exchange for listing
Issuing  House: These are agent who arrange the issues of securities on behalf of the governments or firms  intending to raise money from the investing public. Merchant banks  or stock broker do this job.
Prime market:  Is regarded as the original or the main market deals in fully listed share or quoted on the stock exchange
Second tier securities  market: This is a segment of capital market where small companies  operates
The bull and the bear  market:
Bulls is an investor who believes that the market price are certain to go up. Bull means upward trend. In the  context of the stock market, it means the market is going up and doing well as reflected in share prices.
Bears (s)   is an investor  who believes that the market prices  are certain to  go down. Bear trend means that the  market is going down and not doing well
Stag (s) is a male deer, In the context  of shares, it refers to equities.  with potentials of upward movement  in price. Therefore  on  investor desirous  of making profit form now issues of shares  buys the  shares before they are listed and sells them at a higher price.
Investment: simple means of  giving up cash now is exchange for the promise of more cash in the future.
Shares (s): it represent evidence of investment interest of a person in a company and government establishment
Ordinary and preference share:   The UK term for a share in the equity of a company. The US equivalent term is common stock. The holder of an ordinary share is entitle to share  in any distribution of dividend in proportion to number of  share hold. Ordinary shares usually but not invariably  entitles their holders to vote at company meetings. They are contrasted with debentures and preference shares. Debenture holder normally have a fixed   entitlement to interest    but no vote provided  the interest is paid and any other conditions are compiled with preference share holders have not vote but must be paid heir dividend before any distribution to ordinary shareholder  is allows. In the event  of winding  up a company, ordinary shareholder is rank last in any claim to company assets, but get in unlimited part of any residual there is after paying off the others .

---

CHAPTER TWO: The chapter one of this work has been displayed above. The complete chapter two of "the impact of stock exchange in the development of capital market" is also available. Order full work to download. Chapter two of "the impact of stock exchange in the development of capital market" consists of the literature review. In this chapter all the related work on "the impact of stock exchange in the development of capital market" was reviewed.

CHAPTER THREE: The complete chapter three of "the impact of stock exchange in the development of capital market" is available. Order full work to download. Chapter three of "the impact of stock exchange in the development of capital market" consists of the methodology. In this chapter all the method used in carrying out this work was discussed.

CHAPTER FOUR: The complete chapter four of "the impact of stock exchange in the development of capital market" is available. Order full work to download. Chapter four of "the impact of stock exchange in the development of capital market" consists of all the test conducted during the work and the result gotten after the whole work

CHAPTER FIVE: The complete chapter five of design and construction of a "the impact of stock exchange in the development of capital market" is available. Order full work to download. Chapter five of "the impact of stock exchange in the development of capital market" consist of conclusion, recommendation and references.

 

---

To "DOWNLOAD" the complete material on this particular topic above click "HERE"

Do you want our Bank Accounts? please click HERE

To view other related topics click HERE

To "SUMMIT" new topic(s), develop a new topic OR you did not see your topic on our site but want to confirm the availiability of your topic click HERE

Do you want us to research your new topic? if yes, click "HERE"

Do you have any question concerning our post/services? click HERE for answers to your questions

---

For more information contact us through any of the following means:

Mobile No :+2348146561114 or +2347015391124 [Mr. Innocent]

Email address :engr4project@gmail.com

Watsapp No :+2348146561114

---

COUNTRIES THAT FOUND OUR SERVICES USEFUL

Australia, Botswana, Canada, Europe, Ghana, Ireland, India, Kenya, Liberia, Malaysia, Namibia, New Zealand, Nigeria, Pakistan, Philippines, Singapore, Sierra Leone, South Africa, Uganda, United States, United Kindom, Zambia, Zimbabwe, etc
Support: +234 8146561114 or +2347015391124

Watsapp No :+2348146561114

Email Address :engr4project@gmail.com

---

FOLLOW / VISIT US VIA: