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Equity Market Activities And Economic Growth Relationship In Nigeria
The study examines the relationship between equity market activities and economic growth, via regression models with panel data coverage of 16 years (2000-2015). The primary motivation is the dearth of current empirical data to support the presumed economic consequences of the market activities in Nigeria. The outcome of the analysis indicates a positive link between the underlying variables; showing that the total variation in economic growth in Nigeria is explained by the simultaneous changes in equity market activities. The results essentially suggest renewed government efforts in promoting investors' confidence, and inducing daily liquidity and trading to increase activities in the marke
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