A Study Of Nigerian Stock Exchange

 AbstractThere is little known about the Nigeria stock exchange in terms of its ability to explain changes to the security prices of listed companies on the Nigerian Stock Exchange (NSE). Almost all evidence in this area is obtained from the United States or Western European countries which have sophisticated markets compared to most developing countries. This work investigates the value relevance of accounting data in the Nigerian stock market,with a view to determining whether accounting information has the ability to capture data that affect share prices of firms listed on the NSE. It …