International records / OpenAlex research

Effects of Economic Recovery on Market Capitalization in Nigeria

The work examined the impact of economic recovery on market capitalization in Nigeria. To achieve the objective of the study, ex-post facto research design was adopted. The researcher used secondary data in collating the required data. The data were collected from CBN statistical bulletin. In testing the hypotheses, multiple regression analysis was used. The findings revealed that GDP growth rate has positive impact on market capitalization while inflation rate and exchange rate have negative impact on market capitalization. The study recommends that Nigeria government should devise a means of…