GCECommerceStock Exchange2022

Which of the following is NOT a function of the Nigerian Stock Exchange?

AProviding a platform for trading in securities
BGranting loans to listed companiesCORRECT
CMobilising long-term capital for companies
DPublishing the prices of listed securities
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
The Nigerian Stock Exchange does not grant loans to companies; that is the function of financial institutions such as commercial and development banks. The Exchange facilitates buying and selling of securities, helps companies raise long-term capital, and publishes security prices to keep investors informed.
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