Charity I F U N A N Y A Osakwe | Nnamdi Azikiwe University, Awka-Nigeria (original) (raw)
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Papers by Charity I F U N A N Y A Osakwe
Global academic journal of economics and business, Jun 23, 2022
This study examined the capital market and its impact on the Nigeria economy with emphasis on the... more This study examined the capital market and its impact on the Nigeria economy with emphasis on the stock exchange (2000-2020). Gross domestic product was used to proxy Nigeria economy while market capitalization, all share index, total number of deals on the Nigeria stock exchange and value of transaction on the Nigeria stock exchange were used as proxies for capital market. The Ex-post Facto research design was adopted in this study. Data on gross domestic product, all share index, total number of deals on the Nigeria stock exchange, market capitalization and value of transaction on the Nigeria stock exchange were obtained from the Central Bank of Nigeria (CBN) Statistical bulletin (2020). The data in this study was analyzed using the Ordinary Least Square regression method. The findings revealed that gross domestic product has a significant relationship on market capitalization, all share index, total number of deals on the Nigeria stock exchange and value of transaction on the Nigeria stock exchange. The researcher recommended that government should expand the technological based of the Nigerian capital market in order to further improve transactions and dealings, which could enhance internationalization and competitiveness of the market.
The International Journal of Academic Research in Business and Social Sciences, 2021
The prevalent issue of volatility of exchange rate and dearth of foreign direct investment among ... more The prevalent issue of volatility of exchange rate and dearth of foreign direct investment among businesses necessitated this study. Thus, this research study extensively investigated exchange rate on foreign direct investment in Nigeria 1981-2018. The study adopted secondary time series data obtained, from Central Bank of Nigeria and federal office of statistics. Diagnostic test was conducted to ensure that the models are in line with basic econometric assumptions. Unit Root Test, stationarity test, multi-collinearity, Co-integration Relationship, Error Correction Model (ECM) were applied to avoid spurious result. The granger causality test was applied to examine the effect of the independent variable on the dependent variable. The findings revealed that both real exchange rate and nominal exchange rate are positively related with foreign direct investment. The study recommends that the CBN should ensure adequate flow of forex in the foreign exchange market and ensure a sustained/s...
Archives of Current Research International, Dec 7, 2017
This research was carried out in collaboration between both authors. Author CIO was responsible f... more This research was carried out in collaboration between both authors. Author CIO was responsible for study conceptualization and sourcing of relevant literature. She also wrote the first draft of the manuscript and critically reviewed it thereafter. Author ACA sourced the data, performed the analysis and interpreted the results. Both authors read and approved the final version of the manuscript.
The International Journal of Business & Management
Many authors have enumerated various factors that led to Nigeria's poor economic performance, but... more Many authors have enumerated various factors that led to Nigeria's poor economic performance, but the major problem is the inability of various governments in Nigeria to diversify the economy. Economic politicization is the order of the day in Nigeria where various government have promised Nigerians that they will diversify the economy by empowering farmers, ensuring constant power supply, building quality roads and providing conducive environment for businesses to thrive. All these promises are yet to materialize owing to inconsistent policies of various governments. Government still rely heavily on oil as a major source of revenue because they cannot think out of the box, (Obiozo, 2017).
International Journal of Academic Research in Accounting, Finance and Management Sciences
Global academic journal of economics and business, Jun 23, 2022
This study examined the capital market and its impact on the Nigeria economy with emphasis on the... more This study examined the capital market and its impact on the Nigeria economy with emphasis on the stock exchange (2000-2020). Gross domestic product was used to proxy Nigeria economy while market capitalization, all share index, total number of deals on the Nigeria stock exchange and value of transaction on the Nigeria stock exchange were used as proxies for capital market. The Ex-post Facto research design was adopted in this study. Data on gross domestic product, all share index, total number of deals on the Nigeria stock exchange, market capitalization and value of transaction on the Nigeria stock exchange were obtained from the Central Bank of Nigeria (CBN) Statistical bulletin (2020). The data in this study was analyzed using the Ordinary Least Square regression method. The findings revealed that gross domestic product has a significant relationship on market capitalization, all share index, total number of deals on the Nigeria stock exchange and value of transaction on the Nigeria stock exchange. The researcher recommended that government should expand the technological based of the Nigerian capital market in order to further improve transactions and dealings, which could enhance internationalization and competitiveness of the market.
The International Journal of Academic Research in Business and Social Sciences, 2021
The prevalent issue of volatility of exchange rate and dearth of foreign direct investment among ... more The prevalent issue of volatility of exchange rate and dearth of foreign direct investment among businesses necessitated this study. Thus, this research study extensively investigated exchange rate on foreign direct investment in Nigeria 1981-2018. The study adopted secondary time series data obtained, from Central Bank of Nigeria and federal office of statistics. Diagnostic test was conducted to ensure that the models are in line with basic econometric assumptions. Unit Root Test, stationarity test, multi-collinearity, Co-integration Relationship, Error Correction Model (ECM) were applied to avoid spurious result. The granger causality test was applied to examine the effect of the independent variable on the dependent variable. The findings revealed that both real exchange rate and nominal exchange rate are positively related with foreign direct investment. The study recommends that the CBN should ensure adequate flow of forex in the foreign exchange market and ensure a sustained/s...
Archives of Current Research International, Dec 7, 2017
This research was carried out in collaboration between both authors. Author CIO was responsible f... more This research was carried out in collaboration between both authors. Author CIO was responsible for study conceptualization and sourcing of relevant literature. She also wrote the first draft of the manuscript and critically reviewed it thereafter. Author ACA sourced the data, performed the analysis and interpreted the results. Both authors read and approved the final version of the manuscript.
The International Journal of Business & Management
Many authors have enumerated various factors that led to Nigeria's poor economic performance, but... more Many authors have enumerated various factors that led to Nigeria's poor economic performance, but the major problem is the inability of various governments in Nigeria to diversify the economy. Economic politicization is the order of the day in Nigeria where various government have promised Nigerians that they will diversify the economy by empowering farmers, ensuring constant power supply, building quality roads and providing conducive environment for businesses to thrive. All these promises are yet to materialize owing to inconsistent policies of various governments. Government still rely heavily on oil as a major source of revenue because they cannot think out of the box, (Obiozo, 2017).
International Journal of Academic Research in Accounting, Finance and Management Sciences