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JAMB Commerce 2007 Question 50

Question 50

Stock Exchange

The body regulating the sale and purchase of shares in Nigeria is the

  1. A.Corporate Affairs Commission
  2. B.Securities and Exchange Commission
  3. C.Securities and Exchange Tribunal
  4. D.Nigerian Stock Exchange.
Show the answer and explanation

Answer: B (Securities and Exchange Commission)

Explanation

The Securities and Exchange Commission is the regulator of Nigeria's capital market.