The purpose of this project is to know the impact of information technology on the Nigeria stock market and how it has helped in stock market development. The methodology used in this research work is the survey method. The survey method was adopted in data collection. The survey method obtained is for secondary data. Multiple regression is a statistical tool used for analysing the data obtained and also Simple tables, frequency and percentages were adopted in the presentation and analysis of the data generated for the study . The study further revealed that the factors of information technology (broadband) do not have a direct impact on the Nigeria stock market development. It is also revealed that the major contributors to the Nigeria stock market development are not the above broadband technologies but other environmental, and economic factors therefore the government should encourage the use of I.T by creating policies that will allowing the use of I.T in transaction in the Nigerian stock market.

                                                   Table of Content

Title page                                                                                                           i

Certification                                                                                                      ii

Acknowledgment                                                                                             iii

Abstract                                                                                                             iv

Table of Content                                                                                                v

CHAPTER ONE

1.0 Introduction                                                                                                  1

1.1 background of study                                                                                     1

1.2 Statement of Problem                                                                                   3

1.3 Aim and Objective                                                                                        4

1.4 Research Questions                                                                                       4

1.5 Research hypothesis                                                                                      5

1.6 Significance of study                                                                                     5

1.7 Scope of the research                                                                                     6

1.8 Limitation of the research                                                                              6                                                                                                                                                          

CHAPTER TWO       

2.0 Literature review                                                                                              7                                                                                                                                     2.1 Historical Development of Area of Study                                                       7

2.2 Mobile Cellular Subscription                                                                          15

2.3 Fixed (wired) Broadband Subscription                                                           18

2.4 Fixed (wireless) Internet Subscription                                                            19

2.5 Theoretical Framework                                                                                   20

2.6 Empirical Framework                                                                                     24

2.7 Conceptual Framework                                                                                 26                                                                         

CHAPTER THREE

3.0 RESEARCH METHODOLOGY                                                                   28

3.2 Restatement of Problems and Hypothesis                                                      28

3.2.1 Restatement of Research Problems                                                             28

3.2.2 Restatement of Research Hypothesis                                                          29

3.3 Data Collection Instrument                                                                            30

3.5 Method of Data Analysis                                                                               30

3.6 Validity and Reliability of the Instrument                                                     31

CHAPTER 4

4.0 ANALYSIS OF RESULT AND DISCUSSIONS                                           32

4.1 Data Presentation and Description                                                                  32

4.2. Relationship Model Estimation and Interpretation                                        35

4.2.1. Regression analysis output                                                                          36

4.3. Hypothesis Testing                                                                                        40

4.4. Result Discussions                                                                                        42

CHAPTER 5

5.0. SUMMARY. CONCLUSION AND RECOMMENDATION                     46

5.1. Summary                                                                                                      46

5.2. Conclusion                                                                                                   46

5.3. Recommendations                                                                                         47