Does Government Policy Influence Stock Market Performance in Nigeria?


Introduction; Literature review; Methodology; Empirical Results; Conclusion and Policy Implication; References

The level of development of a nation’s capital market has a significant and tremendous impact on the growth of such an economy. This development level strengthens the market to effectively perform its core mandate of mobilizing and allocating capital resources among various economic agents for different uses. In this regard, the stock market serves as a veritable avenue for transforming savings into investments for the purpose of financing activities in the real sector of the economy. For the stock market to perform this important role, the government’s fiscal and monetary policies are crucial as studies have established their influence via both the direct and indirect channels on the stock market performance.