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HISTORY OF THE NIGERIAN CAPITAL MARKET
CONTENT
Capital Market
- Definition of Capital Market
- Examples of Capital Market Operators
- Historical Development of Capital Market:
- Advantages of the Capital Market
- Functions of the Capital Market
Money Market
- Definition of Money Market
- Instruments Traded in the Money Market
- Advantages of Money Market
- Functions of Money Market
The Capital Market
Definition of Capital Market
The Capital market is a financial market where medium and long term funds for industrial development are mobilized and traded. The traders (players) in this market are known as operators. The operators act as intermediaries between the fund raisers and fund users (buyers).
Examples of Capital Market Operators
These include: Securities Exchanges, Brokers, Dealers, Issuing Houses, Registrars and Insurance Advisors.
Historical Development of the Capital Market
Development of Loan Stock 1946
The origins of Nigerians Capital Market date back to colonial times when the British Government ruling Nigeria at that time sought for funds for running the local administration.
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ClassHall Instructor
Halima Ahmadu