Abstract

This study examines the effect of Gross Domestic Product on Stock Exchange in Nigeria from 1996 to 2015. Secondary data were obtained from Annual stock market report of the Nigerian Stock Exchange, 2015 (55th Annual General Meeting) and Annual Statistical Bulletin of the Central Bank of Nigeria were used for the study. The variables considered include; Gross Domestic Product (GDP), Federal Government/State Bonds (FGS), Corporate Bonds (CB), Alternative Securities Market (ASeM), Exchange Traded Fund (ETFs), Main Board (MB) and Premium Board (PB). The result shows that ETFs and MB has a positive impact on the GDP.

Keywords: GDP, Multicollinearity, Stock, Nigeria.

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How to Cite
A.O, O., B.T, B., & Damola, A. (2017). Effects of the Gross Domestic Product on Stock Exchange of Nigeria. International Journal of Social Science and Economics Invention, 3(10), 418 to 423. https://doi.org/10.23958/ijssei/vol03-i10/01

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Copyright © 2017 . Olubiyi A.O, Babalola B.T, Ayemidotun Damola, this is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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