Concept:The Nigeria Stock Exchange is regulated by the apex capital market regulator.
Explanation:The Securities and Exchange Commission (
SEC) is the main regulator of the Nigerian capital market.
The Nigerian Stock Exchange (
NSE) is privately owned and self-regulating.
However, the
SEC supervises the
NSE to ensure orderly, fair, and transparent dealings in securities.
The
SEC also protects investors against insider trading and other market abuses.
The Central Bank of Nigeria (
CBN) regulates banks, the Bureau of Public Enterprises (
BPE) handles privatization, and the Nigeria Deposit Insurance Corporation (
NDIC) protects bank depositors.
None of these three bodies regulates the stock exchange.
Answer:A.
SEC