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LEGAL AND INSTITUTIONAL FRAMEWORK REGULATING PUBLIC OFFERING OF SECURITIES IN THE NIGERIAN CAPITAL MARKET
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INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
A nation’s financial system is made up of the Money Market, Capital
Market and the Insurance Market. While Central Bank of Nigeria
serves as the apex regulatory organization of the Nigerian Money
Market, the Securities and Exchange Commission (SEC) is the apex
regulatory body of the Nigerian Capital Market, while the National
Insurance Commission (NAICOM) regulates the Insurance Sector.
Capital Market, in simple terms, is a market for raising long-term
funds. It is that segment of the financial market which represents the
intricate intermediation functions and processes of a network of
individuals, institutions and financial instruments between the users
and providers of long-term funds are mobilized and channeled into
productive investments by the issuance of equities and interest
bearing securities. The market also provides a
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