Nexus between Foreign Direct Investment inflows and Capital Market Development in Nigeria

OJEH, Peace

dc.contributor.author	OJEH, Peace
dc.date.accessioned	2021-09-27T13:45:46Z
dc.date.available	2021-09-27T13:45:46Z
dc.date.issued	2020-05
dc.identifier.uri	http://localhost:8080/xmlui/handle/123456789/502
dc.description.abstract	The essence of this study was to assess the nexus between foreign direct investment inflows and Capital market development in Nigeria between 1989 and 2018, Ordinary least square (OLS) regression analysis (the simple linear regression method analysis) were used in the study. These analyses were used in order to find the linear relationship between the independent variables, which are: NPI and FDI; and the dependent variables which are MCP and SMV. The parameter estimated of the Net Portfolio Investment (NPI) showed that it relates positively with Market Capitalisation (MCP) but was found statistically insignificant. The Stock Market Value (SMV) variable was also found to be positively and significantly related to the Foreign Direct Investment FDI). The study therefore, recommends that the nation should explore and adopt all viable options of encouraging both local and international investors into the economy in order to increase foreign direct investment in Nigeria that will turn boost the capital market.	en_US
dc.language.iso	en	en_US
dc.publisher	BINGHAM UNIVERSITY JOURNAL OF ACCOUNTING AND BUSINESS (BUJAB) Vol. 5, No. 1,	en_US
dc.subject	Foreign Direct Investment, Foreign Portfolio Investment	en_US
dc.subject	Capital Market, Nigeria	en_US
dc.title	Nexus between Foreign Direct Investment inflows and Capital Market Development in Nigeria	en_US
dc.type	Article	en_US