Search SchoolNGR

Tuesday, 10 November 2026
Register . Login

The second tier security market is

The second tier security market is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A An appendage to the Nigeria stock exchange
  • B A member of the Nigeria stock exchange
  • C Meant for the shares of quoted private companies
  • D A regulating arm of the Nigerian stock exchange
Correct Answer: Option A
Explanation:
The Second-Tier Securities Market was established as an additional segment associated with the Nigerian Stock Exchange. It provided an avenue for companies that could not meet the requirements for listing on the main market to raise funds through the securities market.

Share question on: