Capital Market In Nigeria, Its Evolution, Function And Impact On The Economy

ABSTRACT The effectiveness and growth of capital market in Nigeria economy is a problem that has assumed of recent an intractable dimension.  The concept market is one of the compartments of financial system that promotes harm and investment in an economy.  The stock exchange market is one of the key institutions of the capital market, a network or individuals, institution and instrument involved in the effective channeling of funds from the surplus to deficit economic unit. The question whether a market undergone growth and development or not cannot be adequately answered by simply ‘Yes or N…