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

The body that regulates the sale and purchase of shares in Nigeria is the Securities and Exchange Commission (SEC). The SEC is a government agency established to oversee and regulate the Nigerian capital market. It is responsible for protecting investors, maintaining fair and orderly markets, and promoting the development of the Nigerian capital market. The SEC enforces rules and regulations for the sale and purchase of shares in Nigeria, including those related to disclosure, transparency, and accountability. The Nigerian Stock Exchange (NSE) is a self-regulatory organization that operates under the supervision of the SEC. It provides the platform for trading of stocks and other securities in Nigeria, while the SEC regulates the activities of the NSE and the market participants to ensure compliance with the rules and regulations.