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“STOCK EXCHANGE IN DEVELOPING ECONOMY” (ROLE AND SETBACKS)

“STOCK EXCHANGE IN DEVELOPING ECONOMY” (ROLE AND SETBACKS)

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THE NATURE AND CONSEQUENCES OF JUVENILE DELINQUENCY IN NIGERIA: A STUDY OF ENUGU NORTH LGA, ENUGU STATE
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ABSTRACT


Stock Exchange market are established to make profit, through of shares, bonds, debentures and assessment of these provisions are against the background of this paper that these provisions are not adequate for the promotion of stock exchange in Nigeria.

 

 

 

 

 

 

 

 

 

 

 

 

 

TABLE OF CONTENTS

CHAPTER ONE

  • INTRODUCTION 1


1.1     BACKGROUND OF THE STUDY                       1

  • STATEMENT OF PROBLEM 2

  • OBJECTIVES OF STUDY 3

  • SIGNIFICANCE OF STUDY 4

  • SCOPE AND LIMITATION OF THE STUDY 5

  • DEFINITION OF TERMS 5


CHAPTER TWO

  • RELATED LITERATURE REVIEW 8


2.1     HISTORICAL BACKGROUND OF STOCK

EXCHANGE IN OPERATION                              12

  • MEMBERSHIP OF STOCK EXCHANGE 14

  • ROLES OF THE STOCK EXCHANGE 17

  • PROBLEMS OF STOCK EXCHANGE 19

  • IMPORTANCE OF STOCK EXCHANGE 21


CHAPTER THREE

  • SUMMARY OF THE FINDINGS, CONCLUSION


AND RECOMMENDATION

3.1     CONCLUSION                                                      23

  • RECOMMENDATION 25


BIBLIOGRAPHY                                                    27

 

 

 

 

 

CHAPTER ONE

  • INTRODUCTION


Before I start, I will like to plan the term stock exchange. Stock exchange is a market which facilities buying and selling of share, stock, bonds, debentures and other securities. It is essentially a secondary market for buying and selling of already existing securities.

 

1.1     BACKGROUND OF THE STUDY

The Nigerian stock exchange started as Lagos stock exchange, which was established by the Lagos stock exchange act of 1961. it was registered on 15th  September 1960 and began its operation on 5th June 1961.

Its’ establishment was a follow up to the report of committee appointed to advise them an ways and means of fostering a share market in Nigeria. This committee was set up in 1958 under professor R.H Barback by the federal government to consider ways and means of promoting a stock exchange market in Nigeria at its inceptions. The Lagos stock exchange was heavily subsided by the federal government institutions. It was transformed into the Nigerian stock exchange in 1977. the Nigerian stock exchange has branches in Kaduna, Port – Harcourt, Ibadan and Onitsha.

 

  • STATEMENT OF PROBLEM


Like most development market, the problem facing the capital market in Nigeria are as follows:

 

INADEQUATE SUPPLY OF SECURITIES.

Perhaps the most serious problem facing the capital Market is inadequate supply of securities. Most companies, especially the indigenous ones area still reluctant to raise fund. This now result not supplying enough securities to the maintaining of the public.

 

IGNORANCE: the level of public awareness as to the benefits derivable from the operations of the capital market is very low due to ignorance among the members of the capital market.

INFRASTRUCTURE:  transactions after take weeks or months before they are finished. Therefor

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