This study examined the impact of capital market indicators on poverty level in Nigeria from 2009- 2019. The result of the estimation showed a stable long run relationship between the dependent and independent variables as supported by the greater bound value of 10.58. The result of this study shows strong and positive correlation with the value of 0.91 which indicate there are significant differences between Stock Market Indicators and Poverty Level in Nigeria. Also, the result above revealed that the intercept (constant) of the equation is 2.76. This value of 0.000 is positive and significant since P-value is less than 0.05 level of significant, indicating Interest rate will increase by beta 0.76and t of 6.11.
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In-Text Citation: (Emmanuel, Ahmed, & Okaja, 2019)
To Cite this Article: Emmanuel, B., Ahmed, G. G., & Okaja, E. S. (2019). Effect of Stock Market Indicators on Poverty Level in Nigeria. International Journal of Academic Research in Business and Social Sciences, 9(9), 182–195.
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