ESINONE STANLEY OGHENECHOVWERE

This study examines globalization and stock market growth in Nigeria. A review of the literature reveals that trade and investment flows has helped different countries to developed more quickly and equally increased stock of productive capital without compromising their level of consumption. The primary objectives of the study is to test the hypothesis that there exist a positive relationship between globalization and stock market growth in Nigeria. In this research work, data were collected mainly from
secondary sources, e.g. central bank of Nigeria (CBN), Bureau of statistics. Upon the above, the analysis carried out reveals that globalization has a positive impact on growth of the Nigerian economy. In this study we reached the conclusion that the Nigerian stock market remains fundamental segment of Nigerian financial system and growth. The study recommend among others that there is need to further liberalize the economy but this must be done with caution so as to avoid the negative impact of the
trade liberalization