Browsing by Author "Gbande, C.P.A."

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    INFLATION RATE AND STOCK RETURNS IN NIGERIA
    (Department of Business Administration, Nasarawa State University Keffi, 2016-12-11) Gbande, C.P.A.; Adamu, Abdul
    The study examines the effect of inflation on stock returns of the stocks listed on the Nigerian Stock change. Descriptive research design was used in the study and secondary data were collected from CBN statistical bulletin and NSE for the purpose of analysis. The analysis was done -using ordinary least square regression and it was found that an inflation rate has q significant positive effect on stock ^returns on the NSE. This finding suggested that stock market returns may provide an effective hedge against inflation in Nigeria. It is recommended that policies geared at controlling inflation should take into cognizance the role of monetary policies as these will go a long way in further deepening of the stock market.