What was the purpose of the Lagos Stock Exchang... - SS3 Commerce The historical development; 1946 (development loan stock first issue) 1960; Lagos stock exchange act- 1962, capital issue committee, 1979- capital issue commission Question
What was the purpose of the Lagos Stock Exchange Act enacted in 1960?
A
To regulate the issuance of securities by companies
B
To establish a formal stock exchange in Nigeria
C
To promote fair practices in the capital market
correct option: b
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