International records / OpenAlex research

Liquidity, Stock Market Returns and Economic Growth in Nigeria

The link between liquidity return, Stock market returns and economic growth in Nigeria is investigated in this study using yearly time series data from 1986 to 2023. Investigating the longterm relationships between gross domestic product, liquidity returns, stock market returns, interest rate and inflation rate is the aim of the study. The secondary data needed for the analysis came from the Central Bank of Nigeria (CBN) Statistical Bulletin and the World Bank development indicators. The study uses both the Error Correction Model and the Autoregressive Distributive Lag technique to co-integrat…