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INFORMATION TECHNOLOGY AND THE PERFORMANCE OF THE NIGERIAN STOCK EXCHANGE

ABSTRACT

This research work is aimed at studying Impact of Information Technology on the Performance of the Nigeria Stock Exchange with a particular reference to the Nigerian Stock Exchange Kaduna. The objective of the study is to analyze the impact of ICT on activities of the Nigerian Stock Exchange to see how effectively and efficiently it has satisfied the company’s financial demand and to identify the problems if any that have affected it performance in the past. Relevant literatures were reviewed from textbooks and journals relating to capital market and its contribution to industrial development in developing countries like Nigeria. In collection of data, questionnaire and personal interview and research instrument were used as instruments. Data collected through the questionnaires were analyzed. The result of the analysis collected led to the findings and conclusion was drawn on them. Recommendations were made in respect of improving the efficiency and public image through the provision of some vital patterns necessary for the success of Nigeria Stock Exchange in the economy.

TABLE OF CONTENTS

CHAPTER ONE

1.0 Introduction        1

1.1 Background of the Study      1

1.2 Statement of the Problems      3

1.3 Objectives of the Study      5

1.4 Research Hypothesis       6

1.5 Significance of the Study      6

1.6 Scope of the Study       7

1.7 Historical Background of the Case Study   7

1.8 Definition of Terms       9

CHAPTER TWO

2.0 Literature Review       11

2.1 Introduction        11

2.2 Historical Development of Computer    11

2.3 Definition of Information Technology    17

2.4 Meaning of Stock Exchange      18

2.5 Role of Information Technology in

Nigerian Stock Exchange      27

2.6 Role of Nigerian Stock Exchange in

Economic Development      30

CHAPTER THREE

3.0 Research Methodology      33

3.1 Introduction        33

3.2 Population and Sample Size     33

3.3 Sources and Method of Data Collection    34

3.4 Methods of Data Analysis       36

3.5 Justification for the Choice      36

CHAPTER FOUR

4.0 Data Presentation, Analysis and Interpretation  38

4.1 Introduction        38

4.2 Data Presentation and Analysis     39

4.3 Test of Hypothesis       43

4.4 Summary of Findings       44

CHAPTER FIVE

5.0 Summary, Conclusion and Recommendations  47

5.1 Summary         47

5.2 Conclusion         48

5.3 Limitations of the Study      49

5.4 Recommendations       50

Bibliography        52

Appendix I         54

Appendix II        55

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