TABLE OF CONTENTS
Title page i
Table of contents vi-ix
1.1 Background of the Study 1-7
1.2 Statement of the Problem 7-9
1.3 Objective of the Study 9
1.4 Research Question 9-10
1.5 Research Hypothesis 10
1.6 Significance of the Study 10
1.7 Scope of the Study 10-11
1.8 Limitation of the Study 11-12
1.9 Definition of terms 12-13
2.1 Wall street- where it all began 14-15
2.2 The Nigerian Capital Market 15-17
2.3 The Roles of the Nigeria Capital Market 17-22
2.4 The Nigerian stock Exchange Market 22-26
2.5 Securities and Exchange Commission (sec) 26-27
2.6 Impact of the NSE crisis of the Nigeria Capital Market 28-33
2.7 The stock Exchange in Operation 33-53
3.1 Introduction 54
3.2 Research Design 54
3.3 Determination of Population Size 54-55
3.4 Sample Procedure 55
3.5 Research Instrument 56
3.6 Validity of the Instrument 56
3.7 Reliability of the Instrument 56-57
3.8 Administration of Research Instrument 57
3.9 Method of Data Collection 57
DATA PRESENTATION AND ANALYSIS 58-86
SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary of Findings 87-88
5.2 Conclusion 88-89
5.3 Recommendations 89-90
This project work was carried out on the socio- economic effects of street trading on the child education in Irele Local Governemnt of Ondo state. The purpose of study is to determine the extent street trading has affected children socially, economically and morally. The study also attempted to analyze the attitude of parents towards the activity of street trading among teenage children. The descriptive survey was used to carry out the study. The questionnaire was instrument used to obtain data required from the respondents in the study. One hundred and fifty teenage were selected from the sample area for the study. Chi- square, T-test and analyze of variance (ANOVA). Statistical techniques were used to analyze the hypotheses. The result indicated the courses and socio-economic effect of street trading and also indicated that there were significant relationships in the activity. The research drop- out from school, early exposure to sex and a hose of other delinquent behaviours. It is recommended that communities and nations should put a stop to street trading in an urgent decisive manner and that.
1.1 BACKGROUND OF THE STUDY
Nigeria has a formal and active capital market. Before 1961, nearly all formal savings and deposits went through the banking system while the then colonial masters invested major capital balances for the country on the London stock exchange. However, following the establishment of the CENTRAL BANK OF NIGERIA in 1959, it was logical to have a stock exchange in 1960, which commenced operations in 1961. Thus, the foundation was ordered for the operations of the Nigerian capital market. The capital market tends to provide a forum for the interaction of the economic surplus and economic deficits to attract business under a highly regulated environment.
Earlier in 1959, the Central Bank of Nigeria had floated the first Nigerian development loan stock, which was listed overseas. Subsequent issues in 1961 and thereafter were listed on the new local exchange.
The Nigerian stock exchange is a private, non-profit making organization limited by guarantee. It was incorporated via the inspiration and support of businessmen and the federal government through the CBN, owned by about 300 members. The membership includes financial institutions, stockbrokers and individual Nigerian of high integrity who have contributed to the development of the stock market and the Nigerian economy. The council members (Board of Director) of the stock exchange are elected at apiece annual general meeting by members of the exchange. The tenure of the presidency is limited to one three-year term. The council is responsible for policy-making but the Director –General (formerly Prof. Ndi Okereke Onyiuke , Emmanuel Ikhazobor) and presently at the time of this research, Dr. Oscar Onyema and his team of executives administer the day to day affairs of the exchange. The council members, management and staff of the Nigerian stock exchange as well as stockbrokers are subject to a stringent regime of codes of conduct, which calls for a higher degree of integrity, discipline, skill and high sense of patriotism.
Dealing members of the stock exchange are the stock broking firms licensed by the exchange to purchase and sell shares on behalf of the investing public. There are over 200 of them at the moment. The exchange is a Self-Regulatory Organization (SRO), making and enforcing rules for its members. In 1977, the exchange was reorganized and renamed “The Nigerian Stock Exchange (NSE)”. Today, the NSE has 10 functional trading floors in different parts of the country, namely; Lagos, Abuja, Kaduna, Port Harcourt, Kano, Onitsha, Ibadan, Yola, Benin, Uyo and Ilorin.