Chapel Hill Denham, CardinalStone Lead NGX Trading in Q4 2025

In the Nigerian stock market, Chapel Hill Denham Securities Ltd and CardinalStone Securities Ltd emerged as key players, commanding significant shares of market activities on the Nigerian Exchange in the fourth quarter of 2025. The latest broker performance report revealed that the top 10 brokerages accounted for a substantial portion of total market volume and value during the period.

Chapel Hill Denham led in trade volume, while CardinalStone led in transaction value. Other notable brokerages in the top 10 list included Absa Securities Nigeria Ltd, Meristem Stockbrokers Ltd, and Stanbic IBTC Stockbrokers.