This study examined the weak-form efficiency and stock return volatility of the Nigerian
Exchange Group (NGX) by analyzing daily closing prices of the All-Share Index (ASI) from
May 18, 2017, to June 6th, 2024. Utilizing statistical tests such as Descriptive Statistics, Unit
tests, Autocorrelation test, Pairwise Grange...
Chukwu Agwu Ejem· World Journal of Finance and...· 0 citations
This study investigated the volatility and daily exchange rate movements of the Nigerian Naira
against the US Dollar, focusing on the factors influencing volatility dynamics. Using daily
exchange rate data from May 29, 2015 to November 17, 2024, obtained from Central Bank of
Nigeria Publications. Exponential Generalize...
Chukwu Agwu Ejem· World Journal of Finance and...· 1 citation
This study evaluated the upside potentials inherent in maturity transformation and its impact on
the performance of Deposit Money Banks (DMBs) in Nigeria. Maturity transformation, defined as
the process by which banks convert short-term deposits into long-term loans and investments,
remains central to financial inte...
Chukwu Agwu Ejem· World Journal of Finance and...· 0 citations
This study evaluated the relationship between oil price fluctuations and exchange rate movements
on stock market volatility in Nigeria. As a mono-product, oil-dependent economy, Nigeria's
macroeconomic indicators and financial markets are highly susceptible to external shocks,
particularly from global crude oil price v...
Chukwu Agwu Ejem· International Journal of Eco...· 0 citations
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