IMPACTS OF CAPITAL MARKET ON THE DEVELOPMENT OF THE FINANCIAL SECTOR IN NIGERIA. A STUDY OF SECURITIES AND EXCHANGE COMMISSION ABUJA
Abstract
The study examined Impacts Of Capital Market On The Development Of The Financial Sector In Nigeria. A Study Of Securities And Exchange Commission Abuja. The objectives of the study are: To assess the Impact of the capital market on the development of the financial sector in Nigeria, To evaluate the effectiveness of the Securities and Exchange Commission in regulating and promoting the Nigerian capital market. The theory adopted Theory of the Fraud Diamond.The sources of data for this research were both primary and secondary sources data, For the purpose of this research work, the sample size consists of fifty (50) respondents randomly selected from the total population, finally the researcher recommend that The government, in collaboration with the Securities and Exchange Commission (SEC) and other financial institutions, should implement comprehensive public education programs on capital market operations. Increasing financial literacy, especially in rural areas, will encourage greater participation from retail investors and boost overall market growth.
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