International records / OpenAlex research

Effect of Covid-19 Pandemic on the Performance of the Nigerian Stock Exchange

This study explored the effects of cumulative reported cases of COVID–19 on the performance of the Nigerian Stock Exchange(NGX). Using time series data analysis and employing Ordinary Least Squares Model (OLS), the research covered a period from March 2020 to February 2022, beginning from March 01, 2020, and ending 10 February, 2022. The study used market turnover, volume of transaction and number of deals as proxies of stock market performance in Nigeria, interest rate, exchange rate and inflation rate are used as control variables. The findings showed that the is evidence of causality betwee…