Fiscal Operations and Stock Market Performance in Nigeria

This study explored the nexus between fiscal operations and Stock Market performance in Nigeria.Employing time series data spanning from 1990 to 2022 within the Vector Autoregressive modeling technique, results showed that fiscal operation measures (government expenditure and revenue) have varied effects on Market Capitalization(All-Share Index).Specifically, the study established that fiscal operations play pivotal roles in Stock Market performance in Nigeria.The study recommends that the government should encourage a sound and vibrant Stock Market by providing an enabling environment for more companies to participate in the Stock Exchange Market.