ABSTRACT

The role of the Capital Market, its operations and maintenance of Nigeria’s economic development cannot be over emphasized. Through the Nigeria capital market institute two consists of the Security and Exchange Commission SEC. The Nigerian Stock Exchange Market Issuing Houses, Merchant Banks, Development Finance Institution etc. it shall for purpose of this project be assumed to consist of the Nigerian Stock Exchange Market alone. The NSE performs a number of functions, which contribute in no small measure to the development and maintenance of the Nigeria Capital Market and terminal to the nations economy. Among these questions are the promotions of increased participant by the public of the private sector greatly enhanced by the introduction and operational of the second tier security Market. Basically, it acts as a catalyst to economic development, superiorly; relatively few companies have made use of the facilities provided by the institution for industrial financing. It is against the background that is suggested it should decentralizes its operations to contrive to appraise its requirement to suit pace of development, check and best listing as it affects other professional changes, out perform insiders dealings and the minimal activities of the stock brokers, seek a review and amendments of the existing regulation especially where they inhibit participation among others.