The study examined impact of global financial crisis on the Nigerian stock market performance from 2008 to 2016. The study used three independent variables (foreign exchange rate, foreign direct investment on the Nigerian stock market and foreign reserves) and one dependent variable (stock market capitalization). Test carried out include unit root test and ordinary least square. The study revealed that: foreign exchange rate has no significant impact on the Nigerian stock market performance; foreign direct investments on stocks have positive but insignificant impact on the Nigerian stock market performance and foreign reserves have negative but insignificant impact on the Nigerian stock market performance. Based on the findings, the study recommends that, government and regulatory authorities should implement policies to improve the declining market capitalization by encouraging more foreign investors to participate and invest in the market. This is because capital inflow and market capitalization are positively related.
