Authors
-
Dr.F. F. Olowokudejo Dr.F. F. Olowokudejo
Author
-
M.T. Oyerinde M.T. Oyerinde
Author
-
Prof. M. A. Obalola Prof. M. A. Obalola
Author
-
Joseph O. AJIBOLA Joseph O. AJIBOLA
Author
-
Yimka S. A. ALALADE Yimka S. A. ALALADE
Author
-
Samuel Bamidele AKINRIN Samuel Bamidele AKINRIN
Author
-
Adegoke, T. D Adegoke, T. D
Author
-
Ogiamien, O. F. Ogiamien, O. F.
Author
-
Olajide, D. S. Olajide, D. S.
Author
-
Prof., C.O Olaoye Prof., C.O Olaoye
Author
-
Dr. (Mrs.) A. R Ayeni-Agbaje Dr. (Mrs.) A. R Ayeni-Agbaje
Author
-
Mr S A. Ogunleye Mr S A. Ogunleye
Author
-
OKOLUGBO Chibogu Nicholas OKOLUGBO Chibogu Nicholas
Author
-
ADETAYO Olufemi Hezekiah ADETAYO Olufemi Hezekiah
Author
-
ADEWOYIN Taiwo David ADEWOYIN Taiwo David
Author
-
OLANIYAN Oluwasina Philip OLANIYAN Oluwasina Philip
Author
-
FAKUA Ayomide Omolola FAKUA Ayomide Omolola
Author
-
AGUGUOM Theophilus, Anaekenwa AGUGUOM Theophilus, Anaekenwa
Author
-
ADEYEMI Olanrewaju Micheal ADEYEMI Olanrewaju Micheal
Author
-
OLADELE Samuel Olumuyinwa OLADELE Samuel Olumuyinwa
Author
-
IBRAHIM Majeed Ajibola IBRAHIM Majeed Ajibola
Author
-
DADA, Olawale DADA, Olawale
Author
-
IBRAHIM Mubarak Mobolaji IBRAHIM Mubarak Mobolaji
Author
-
ALHASSAN Muhammed Galadima ALHASSAN Muhammed Galadima
Author
-
OLALERE, Sunday Shina OLALERE, Sunday Shina
Author
-
Talabi, Amos Olatunbosun Talabi, Amos Olatunbosun
Author
-
Adekanmbi, John Ayodele Adekanmbi, John Ayodele
Author
-
Olorunfemi, Oladele Ebenezer Olorunfemi, Oladele Ebenezer
Author
-
Talabi, Amos Olatunbosun Talabi, Amos Olatunbosun
Author
-
Adekanmbi, John Ayodele Adekanmbi, John Ayodele
Author
-
Olorunfemi, Oladele Ebenezer Olorunfemi, Oladele Ebenezer
Author
-
Ezekiel Jide, FAYOMI Ezekiel Jide, FAYOMI
Author
-
Akinwumi Oluwagbenga, AKINGBADE Akinwumi Oluwagbenga, AKINGBADE
Author
-
F. D. DARE F. D. DARE
Author
-
Kolapo Funso Tajudeen Kolapo Funso Tajudeen
Author
-
Olajire Oluwaseun Andrew Olajire Oluwaseun Andrew
Author
-
Adeleye Simeon Kayode Adeleye Simeon Kayode
Author
-
Ezugwu, Christian Ikechukwu Ezugwu, Christian Ikechukwu
Author
-
Ariyo, Clement Olugbenga Ariyo, Clement Olugbenga
Author
-
Abayomi Olarewaju ADEOYE Abayomi Olarewaju ADEOYE
Author
-
Sunday Stephen AJEMUNIGBOHUN Sunday Stephen AJEMUNIGBOHUN
Author
-
Oloyede Raheem LAWAL Oloyede Raheem LAWAL
Author
-
Ojo-Agbodu Ayodele Ojo-Agbodu Ayodele
Author
-
Yusuf Boyede Yusuf Boyede
Author
-
Adeyemi Babatunde Sulaiman Adeyemi Babatunde Sulaiman
Author
-
Aduloju, Sunday Adekunle Aduloju, Sunday Adekunle
Author
-
Osasona, Adedeji Viscker Osasona, Adedeji Viscker
Author
Abstract
This research investigated the effect of bond insurance premiums on market capitalization in Nigeria using data gathered from the World Development Indicator, Global Financial Development Database, and the Central Bank of Nigeria statistical bulletin, from 2000 to 2023. The data were analyzed using the ARDL co-integration approach, and the results showed that, although only in the long run, bond insurance premiums had a positive effect on market capitalization in Nigeria, as did bond insurance claims. The result shows normality test statistics of 1.641757 (p > 0.05), LM test statistics of 0.2124238 (p > 0.05), heteroscedasticity test statistics of 0.241894 (p > 0.05) indicate that the assumption of normality, homoscedasticity and no serial autocorrelation are satisfied. Also, that bond insurance premiums and claims positively affect market capitalization, with a significant long-term impact of 0.93% and 1.89%, respectively. Finally, there was no causal relationship between bond insurance premiums and market capitalization in Nigeria. According to the study's findings, bond insurance significantly contributes to the expansion of Nigeria's capital market. As a result, financial sector regulators must encourage bond issuers to participate in bond insurance programs in order to increase market capitalization in the nation.
