Efficient Capital Markets: A Review of Specialized Literature and Methodology on Nigerian Stock Market

The efficiency of securities market has generated a lot controversy over four decades in finance and economic discussions leading to some people accepting or rejecting the efficient hypothesis. Hence this paper examines growing body empirical research on hypothesis Nigerian capital for past twelve years (2010-2021). particularly surveys specialized literature as it relates market. is purely that have been published various academic journals Findings from show there no consensus However, seems be weak-form. conclusion are inherent difficulties testing developing countries due certain imperfections could affect informational