Concept:The Nigerian capital market is supervised by the official government agency that regulates the stock exchange.
Explanation:The Nigerian Stock Exchange operates under the control of the Securities and Exchange Commission (SEC).
SEC ensures fair trading, investor protection, and enforcement of market rules.
The other agencies have different responsibilities.
BPE (Bureau of Public Enterprises) handles the sale of government-owned companies.
NDIC (Nigeria Deposit Insurance Corporation) protects bank depositors, not stock investors.
CBN (Central Bank of Nigeria) regulates the banking sector rather than the capital market.
So, the body responsible for regulating and controlling activities in the Nigerian Stock Exchange is SEC.
Answer:B. SEC