Nigerian Stockbroking Firms Transact N6.6 Trillion in 11 Months

In Nigeria, 10 stockbroking firms, including CardinalStone Securities Limited and Chapel Hill Denham Securities Ltd, transacted a total of N6.6 trillion worth of stocks from January to November 2025. These firms accounted for 62.57% of the total stock trade value on the NGX during the period.

Other notable firms involved in the transactions include Stanbic IBTC Stockbrokers Limited, Cordros Securities Limited, and Meristem Stockbrokers Limited. The market activity highlights the significant role these firms play in the Nigerian stock market.