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Regulatory agencies of financial institutions are agencies set up by the government to regulate the activities of financial markets such as money markets, capital markets, and the stock exchange.
Types of Regulatory Agencies for the Money Market
- The Central Bank of Nigeria
- Nigeria Deposit Insurance Corporation (NDIC)
Types of Regulatory Agencies for the Capital Market
- Securities and Exchange Commission
- Nigerian Stock Exchange
- National Insurance Corporation of Nigeria (NICON)
- National Insurance Commission (NAICOM)
- Federal Mortgage Bank
- The Foreign Exchange Market
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