Concept:The body that regulates and supervises Nigeria's capital market is the Securities and Exchange Commission.
Explanation:The SEC is the apex regulatory authority for the capital market.
It protects investors and ensures fair, transparent, and orderly trading.
The Nigerian Stock Exchange operates under the oversight of the SEC.
The Financial Reporting Council handles accounting standards, not market regulation.
The Corporate Affairs Commission registers companies, not securities trading.
Answer:B. Securities and Exchange Commission (SEC)