Journal of Economics and Sustainable Development www.
iiste.
org
ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online)
Vol.
2, No.
9, 2011
12 | P a g e
www.
iiste.
org
Effect of Foreign Direct Investment and Stock Market Development on
Economic Growth in Nigeria...
More
Journal of Economics and Sustainable Development www.
iiste.
org
ISSN 2222-1700 (Paper) ISSN 2222-2855 (Online)
Vol.
2, No.
9, 2011
12 | P a g e
www.
iiste.
org
Effect of Foreign Direct Investment and Stock Market Development on
Economic Growth in Nigeria (1980-2009)
Isiaq Olasunkanmi Oseni1
*, Oluwafemi Sunday Enilolobo2
1.
Department of Economics, Accounting & Finance, Bells University of Technology, P.
M.
B 1015,
Ota
2.
Department of Economics, Accounting & Finance, Bells University of Technology, P.
M.
B.
1015
Ota
*E-mail of the corresponding author: osenibells@ymail.
com
Abstract
This paper investigates the impact of Foreign Direct Investment (FDI) and stock market development on
growth in Nigeria, for the period 1980-2009.
The paper is imperative for policy makers to determine the
trend of foreign direct investment and stock market development as well as the exert relationship that exists
among foreign direct investment, stock market development and economic growth in Nigeria
Less