impact of money and capital market on the growth of Nigeria economy
CHAPTER ONE
BACKGROUND TO THE STUDY
Just as yeast is a
catalyst for improving the size of bread, so is finance a catalyst for economic
growth and development. No nation no matter how economic independent it is can
survive this modern day society without finance. The volume of finance in its
coffer determines if it can be well recognised as power nation. Finance can
therefore be seen as that stock of capital required to achieve certain set
goals technologically, politically, economically and otherwise.
