The Nigerian Change Group (NGX) launched an in depth report on February 28, 2025, rating the highest ten stockbrokers in Nigeria primarily based on the buying and selling volumes and values they facilitated all through the month.
Collectively, these stockbrokers accounted for 46.39% of the whole buying and selling quantity executed by Nigerian stockbrokers, transacting a powerful 8.6 billion shares.
By way of transaction worth, the main stockbrokers represented 55.10% of the general buying and selling worth for the month, totaling N281.5 billion.
This evaluation highlights transaction worth as a extra exact measure of efficiency than buying and selling quantity alone.
Whereas buying and selling quantity signifies the variety of shares exchanged, transaction worth reveals vital pricing developments, offering deeper insights right into a stockbroker’s dimension, consumer base, and general enterprise efficiency.
Primarily based on the whole worth of trades executed from February 1 to February 28, 2025, listed below are the highest ten stockbrokers in Nigeria:
CSL Stockbrokers Restricted occupied the tenth spot, facilitating trades value N11.8 billion. This represented 2.32% of the whole transactions performed by all Nigerian stockbrokers in February, which amounted to N511.2 billion.
Morgan Capital Securities Restricted ranked ninth for February, with a buying and selling worth of N12.7 billion, accounting for two.49% of the whole N511.2 billion transacted by all Nigerian stockbrokers.
Apel Property Restricted took the eighth place, with a transaction whole of N13 billion, which constituted 2.55% of the mixed N511.2 billion facilitated by all stockbrokers in February.
Cordros Securities Restricted positioned itself seventh, reporting a complete transaction worth of N13.6 billion for February.
FBN Quest Securities Restricted ranked sixth, with a complete transaction worth of N15 billion for February, accounting for two.95% of the whole worth of trades.
Stanbic IBTC Stockbrokers Restricted stood in fifth place, reporting a transaction worth of N31.2 billion for February.
Meristem Stockbrokers Restricted claimed the 4th place with a complete transaction worth of N33.5 billion for February. This equated to six.56% of the general buying and selling worth executed by all stockbrokers in Nigeria.
Coronation Securities Restricted secured third place, with a transaction worth of N42.1 billion for February, representing 8.25% of the whole trades facilitated by stockbrokers that month.
APT Securities and Funds ranked 2nd, reporting a transaction worth of N42.8 billion for February. This determine represented 8.39% of the general buying and selling worth executed by all stockbrokers in Nigeria.
Cardinalstone Securities Restricted took the highest spot with a complete transaction worth of N65.5 billion for February. This quantity represented 12.82% of all trades executed by stockbrokers throughout Nigeria for the month.
