What was the significance of the development lo... - 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 significance of the development loan stock introduced in 1946?
A
It established the first stock exchange in Nigeria
B
It regulated the issuance of securities by companies
C
It provided a means to raise funds for development projects
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Correct Option: C
It provided a means to raise funds for development projects
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