Title:
THE RELATIONSHIP BETWEEN INFLATION AND STOCK PRICES: A CASE OF THE NIGERIA STOCK EXCHANGE MARKET

Authors:
Mukolu, M.O and Ilugbemi , A.O

Abstract:
The study examined the effect of inflation on stock prices of firms quoted in the Nigeria Stock Market by using data that curled between 1987 to 2018 from the Central Bank of Nigeria statistical bulletin and National Bureau of statistics, while Ordinary least square were employed to analyze the data. The result shows that there was a significant relationship between inflation and stock prices. Consequently, it was recommended that, the government should ensure inflation stabilization that takes into cognizance the technical patterns of stock market activities and that monetary policies should be aimed at finding a more realistic price level that will be beneficial to investors in the Nigerian stock market.

Keywords:
: Inflation, stock price, all share index and market capitalization