SubjectPaid lesson

Stock Exchange III

ClassNotes Team 5 MIN READUPDATED 27 JUN 2026

Commerce SSS3 First Term

WEEK 9

Stock Exchange III

Performance Objectives

The student should be able to:

1. List the bodies that can assess the capital market, public companies and government.

Content

Bodies that Can Assess the Capital Market

1. The Securities and Exchange Commission (SEC): This is the apex regulatory body for Nigeria’s capital market which operates under the supervision of the Federal Ministry of Finance. Securities and Exchange Commission was established in 1979 and has the following functions:

i. Valuation of shares

ii. Registration of Market operators

iii. Approval of shares allotment

iv. Registration of Securities

v. Enforcement of sanctions against erring operators

vi. Approval and registration on merger and acquisition.

vii. Acting as Regulatory…