It makes the movement of money into the system. People invest to make profit and to beat the inflation. Increase in the market capitalization of the companies make them strong and help in the economic growth by providing employment and by production etc.
If the circulation of money will stop then the money will be plunged in the hands of the people, the growth will be stopped, so the Stock exchange play an important role in the development of the Nigerian economy .Not only in Nigeria but in any economy the stock exchange play an important role. It makes the movement of money into the system.
People invest to make profit and to beat the inflation. This makes a proper flow of funds in to the economy. Increase in the market capitalization of the companies make them strong and help in the economic growth by providing employment and by production etc. If the circulation of money will stop then the money will be plunged in the hands of the people, the growth will be stopped, so the Stock exchange are very important in any economy.
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