The study empirically examines the assessment of financial restructuring and capital market on economic growth in Nigeria. In line with the objectives of this study, secondary data were obtained from central bank of Nigeria statistical bulletin covering the period of 1980 to 2009. Multiple regressions were employed to analyze data on such variables as Asset of Deposit Money, Financial structure, Lending- Rate, Market capital and Real Gross Domestic Product (RGDP), interest rate, inflation, and exchange rate were all found to have significant effects on the economics growth with the adjusted R2 of 85 %.The outcome of this study suggests that capital market impact on economic growth via market capitalization, financial restructuring, meaning that they are potent variables that are capable of influencing economic growth
It is recommended that in order to improve market capitalization, foreign investors should be encouraged to partake in the capital market. Also, responsible government agency should be called to restore confidence to the capital market through ensuring transparency and fair trading transaction and dealing in the stock exchange.
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