The regulatory authority of the capital market in Nigeria is the
Answer Details
The regulatory authority of the capital market in Nigeria is the Securities and Exchange Commission (SEC). This is an organization set up by the Nigerian government to regulate and oversee the activities of the capital market. The SEC is responsible for ensuring that companies and individuals who participate in the Nigerian capital market operate in a fair and transparent manner. It also ensures that investors are protected from fraudulent practices and that the market operates in a way that promotes confidence and stability. Therefore, if you want to engage in any investment activity in the Nigerian capital market, it is important to ensure that you comply with the rules and regulations set out by the SEC.