This paper examines the weak-form of the efficient markets hypothesis for the Nigerian Stock Exchange (NSE) by testing for random walks in the monthly index returns over the period 1984-2009. The results of the non-parametric runs test show that index returns on the NSE display a predictable component. thus suggesting that traders can earn superior returns by employing trading rules. ... https://cosmeticssquadets.shop/product-category/beauty-mirrors/