Capital Market Volatility and Real Sector Expansion in Nigeria

This study utilized data from the first quarter of 2010 to fourth 2021 explore how volatility in capital market can influence real sector Nigerian economy. With use generalized autoregressive conditional heteroscedasticity (GARCH) approach, we realized that there is no clustering capitalization given estimate lagged value residual negative and significant. Also, decay response function on a quarterly basis being 0.3054 quite low symptomatic functions shock dying at faster pace. Therefore, new it will have impact for short period making less predictable. makes be efficient since not easily The VAR result revealed put forth positive significant economic growth; with impulse indicating growth responded positively shocks capitalization. paper concludes needs streamlined order avoid future, maintain efficiency market.