Investigation Into The Relationship Between Inflation And Stock Market Activities In Nigeria:- Ezejiofor Doreen O

ABSTRACT

The study focus on the investigation into the relationship between inflation and stock market activates in Nigeria spanning from 1981 to 2018. The study employed Ordinary Least Square technique thus revealed that; money supply has a positive and significant impact on stock market activities in Nigeria, inflation rate has a negative and significant impact on stock market activities in Nigeria and interest rate has a negative and significant impact on stock market activities in Nigeria. Based on the finding, the study made the following recommendation; Policies to gear inflation rate should be implemented, thus reduce inflation in order to boost investors' confidence in Nigeria stock market. As a result draw a conclusion that inflation rate impacted negatively to stock market activities in Nigeria for period of the study.