CAPITAL MARKET STRUCTURE AND DEVELOPMENT (A CASE STUDY OF NIGERIA STOCK EXCHANGE NSE)

ABSTRACT: This study was intended to evaluate capital market structure and development. The study was guided by the following objectives; to analyze and evaluate the capital market structure in aiding the development of the Nigerian economy.

The study employed the descriptive and explanatory design; questionnaires in addition to library research were applied in order to collect data. Primary and secondary data sources were used and data was analyzed using a statistical package which is represented in frequency tables and percentages. The respondents under the study were 40 employees of the Nigerian stock exchange.

The study findings revealed that the Nigerian stock exchange has been performing a significant role in Nigerian economic development; the present structure of the capital market facilitates rapid development of the economy.

According to the study, More trading floors branches have to have to opened for the Nigeria stock exchange structure and development to be felt nationwide; It is necessary to maintain investor’s confidence in our market and in ensuring these NSE should not be left alone to attract investment.