Capital market operations in an emerging economy: the case of Nigeria

One of the key challenges facing big businesses is how to secure the huge financing they need to invest in their businesses. From banking, insurance, pharmaceuticals, conglomerates, oil and gas companies and every other sector of the economy, the story is the same. Everyone faces the challenge of fu...

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Bibliographic Details
Main Author: Ojo, M.O.
Format: Tesis
Language:Inglés
Published: 2008
Subjects:
Online Access:https://hdl.handle.net/10568/90759
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author Ojo, M.O.
author_browse Ojo, M.O.
author_facet Ojo, M.O.
author_sort Ojo, M.O.
collection Repository of Agricultural Research Outputs (CGSpace)
description One of the key challenges facing big businesses is how to secure the huge financing they need to invest in their businesses. From banking, insurance, pharmaceuticals, conglomerates, oil and gas companies and every other sector of the economy, the story is the same. Everyone faces the challenge of funds generation for executing their developmental projects and generally keeping the engine of their businesses running. The government, in a bid to solve this problem, established the Nigerian Securities and Exchange Commission (SEC) as a reliable financial institution where companies could be listed and secure funds to enable them pursue their business plans without going through the banking rituals of looking for collateral securities to get banking loans. To conduct an effective research in this area, therefore, the researcher used a number of research tools, including survey method and the use of questionnaire and interview. This was also backed up with library research to review previous works in the area and thus collect useful data for the work. The findings of the researcher include maintenance of proper regulations on the operations of the Nigerian capital market and ensuring that the interest of investing public is protected. Also the public enlightenment programme by the regulatory authorities evidenced by the daily official trading and weekly summary of trading activities revealed that the authorities have adequately created awareness on the activities of the capital market. The researcher recommends, among other things, strict adherence to the decree and rules that established the Nigerian capital market and the Securities and Exchange Commission. It is also recommended that operators and stakeholders in the capital market should demonstrate a greater display of integrity and transparency now that they have introduced electronic trading or automated trading system, and should ensure proper maintenance of the system.
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spelling CGSpace907592024-03-06T10:16:43Z Capital market operations in an emerging economy: the case of Nigeria Ojo, M.O. businesses researcher securities and exchange commission capital market investment and securities capital issues commission One of the key challenges facing big businesses is how to secure the huge financing they need to invest in their businesses. From banking, insurance, pharmaceuticals, conglomerates, oil and gas companies and every other sector of the economy, the story is the same. Everyone faces the challenge of funds generation for executing their developmental projects and generally keeping the engine of their businesses running. The government, in a bid to solve this problem, established the Nigerian Securities and Exchange Commission (SEC) as a reliable financial institution where companies could be listed and secure funds to enable them pursue their business plans without going through the banking rituals of looking for collateral securities to get banking loans. To conduct an effective research in this area, therefore, the researcher used a number of research tools, including survey method and the use of questionnaire and interview. This was also backed up with library research to review previous works in the area and thus collect useful data for the work. The findings of the researcher include maintenance of proper regulations on the operations of the Nigerian capital market and ensuring that the interest of investing public is protected. Also the public enlightenment programme by the regulatory authorities evidenced by the daily official trading and weekly summary of trading activities revealed that the authorities have adequately created awareness on the activities of the capital market. The researcher recommends, among other things, strict adherence to the decree and rules that established the Nigerian capital market and the Securities and Exchange Commission. It is also recommended that operators and stakeholders in the capital market should demonstrate a greater display of integrity and transparency now that they have introduced electronic trading or automated trading system, and should ensure proper maintenance of the system. 2008 2018-02-06T12:14:38Z 2018-02-06T12:14:38Z Thesis https://hdl.handle.net/10568/90759 en Limited Access Ojo, M. O. (2008). Capital market operations in an emerging economy: the case of Nigeria (p. 65). Lagos
spellingShingle businesses
researcher
securities and exchange commission
capital market
investment and securities
capital issues commission
Ojo, M.O.
Capital market operations in an emerging economy: the case of Nigeria
title Capital market operations in an emerging economy: the case of Nigeria
title_full Capital market operations in an emerging economy: the case of Nigeria
title_fullStr Capital market operations in an emerging economy: the case of Nigeria
title_full_unstemmed Capital market operations in an emerging economy: the case of Nigeria
title_short Capital market operations in an emerging economy: the case of Nigeria
title_sort capital market operations in an emerging economy the case of nigeria
topic businesses
researcher
securities and exchange commission
capital market
investment and securities
capital issues commission
url https://hdl.handle.net/10568/90759
work_keys_str_mv AT ojomo capitalmarketoperationsinanemergingeconomythecaseofnigeria