Commerce Scheme of Work

Weekly Lesson Breakdown

1. W1

   History of the Nigerian Capital Market establishment of the Lagos Stock Exchange (1961); transformation

   Origin and development of the Nigerian capital marketinto the Nigerian Stock Exchangeroles and importance of theSecurities and Exchange Commission (SEC)
2. W2

   Stock Exchange

   Meaning and functions of stock exchangemembers of the stockexchangetypes of securities tradedimportance of stock exchangeto investors, companies, and the economy
3. W3

   Second Tier Securities Market (SSM) I requirements for companies; role of SSM in promoting indigenous

   Meaning of SSMobjectives of establishing SSMlistingenterprises
4. W4

   Second Tier Securities Market (SSM) II challenges of SSM; comparison between main stock exchange and

   Procedures for dealing in SSM securitiesadvantages andSSM
5. W5

   Midterm Examination

6. W6

   Economic Grouping in West Africa MRU; objectives of ECOWAS; achievements and challenges of

   Meaning of economic groupingexamples-ECOWAS, WAEC,economic groupings in West Africa
7. W7

   Midterm Break

8. W8

   Business Law

   Meaning and sources of business lawimportance of business lawin commercetypes of laws affecting business (contract law,company law, sale of goods law, agency law)
9. W9

   Contract of Employment and Government of employer and employee; government regulations of business- Regulation of Business taxes, labour laws, environmental protection, consumer

   Meaning and features of contract of employmentrights and dutiesprotection
10. W10

    Meaning of Negotiable Instrument exchange, promissory notes; features and importance in business

    Definition of negotiable instrumentstypes-cheques, bills oftransactions
11. W11

    Revision

    General revision of all topics covered in the term
12. W12

    Examination

13. W13

    Closing