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Commerce JAMB 2023

The Nigerian Stock Exchange consist of

  • primary and secondary -tier market
  • commercial and mortgage market
  • secondary and primary market checkmark
  • money and commodities market

The correct answer is: C

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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