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Mobilizing Domestic Resources for Economic Development in Nigeria : The Role of the Capital Market


  • Ogwumike, F-O
  • Omole, D-A


This study focuses on the role of the capital market in mobilizing domestic resources for economic development in Nigeria, with emphasis on the role of the Nigerian Stock Exchange (NSE). The objectives of the study are to identify the major problems confronting the stock market and to determine the impact of government policies on the operations of the Exchange.

Suggested Citation

  • Ogwumike, F-O & Omole, D-A, 1997. "Mobilizing Domestic Resources for Economic Development in Nigeria : The Role of the Capital Market," Papers 56, African Economic Research Consortium.
  • Handle: RePEc:fth:afrirc:56

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    JEL classification:

    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance


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