The Nigerian Stock Exchange consist of
COMMERCE
JAMB 2023
The Nigerian Stock Exchange consist of
- A. primary and secondary -tier market
- B. commercial and mortgage market
- C. secondary and primary market
- D. money and commodities market
Correct Answer: C. secondary and primary market
Explanation
The Nigerian Stock Exchange (NSE) oversees the organized trading in capital markets products, including stocks, mutual funds, treasury bills, and bonds. The Capital Market in Nigeria is a deregulated market which is made up of both primary and secondary markets.Primary market: this is the part of the capital market where companies raise funds through the sale of new securities, while the secondary market, on the other hand, is a platform where investors purchase and sell existing securities.
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