Nigeria’s prime 10 stockbrokers by worth of transactions in second quarter 2025
The Nigerian Trade (NGX) has launched its dealer efficiency report for the second quarter of 2025, highlighting the highest 10 companies ranked by each quantity and worth of transactions.
Between April and June 2025, the Nigerian inventory market gained 13.54%, marking its greatest quarter since early 2024 when it climbed 39.84%.
Behind this sturdy efficiency are stockbrokers who play a key function in driving exercise on the trade, facilitating trades and executing transactions on behalf of buyers.
- In accordance with the NGX report, the highest 10 brokers by quantity dealt with 33.08 billion shares, accounting for 45.19% of all trades executed by brokers throughout the quarter.
- By worth, the highest 10 brokers had been answerable for buying and selling price N1.11 trillion, representing 56.60% of the whole worth of transactions throughout the market.
This text focuses on the brokers ranked by transaction worth, as this metric captures each value and quantity, providing a clearer sense of every agency’s market presence and general efficiency.
Beneath are the highest 10 stockbroking companies by transaction worth for the second quarter of 2025, overlaying the interval from April to June
10. First Securities Brokers Restricted – N44.7 billion
First Securities Brokers Restricted takes the tenth spot on the listing with a complete transaction worth of N44.7 billion recorded within the second quarter.
This determine accounts for two.28% of the complete market worth of N1.96 trillion executed by all stockbrokers in Nigeria and represents 4.03% of the N1.11 trillion contributed by the highest 10 companies throughout the quarter.
9. Coronation Securities Restricted – N52.3 billion
Securing the ninth place is Coronation Securities Restricted, which facilitated trades price N52.3 billion over the interval.
This worth represents 2.66% of all transactions carried out by Nigerian stockbrokers in Q2 2025 and 4.71% of the whole worth dealt with by the highest 10 ranked brokers on the listing.
8. Vetiva Capital Administration Restricted – N54.06 billion
In eighth place, Vetiva Capital Administration Restricted recorded a buying and selling worth of N54.06 billion for the quarter.
The agency’s execution accounts for two.75% of the general market worth of N1.96 trillion, and 4.86% of the mixed N1.11 trillion transacted by the highest 10 companies ranked by worth.
7. CSL Stockbrokers Restricted – N61.5 billion
CSL Stockbrokers Restricted occupies the seventh place, with a complete transaction worth of N61.5 billion throughout the second quarter.
This represents 3.13% of the whole buying and selling worth executed throughout all Nigerian stockbrokers and 5.54% of the worth attributed to the highest 10.
Along with its efficiency by worth, CSL additionally featured on the quantity listing, rating eighth with 2.23 billion shares exchanged in Q2.
6. Meristem Stockbrokers Restricted – N83.6 billion
At quantity 6 is Meristem Stockbrokers Restricted, which recorded a commerce worth of N83.6 billion.
This interprets to 4.26% of the market-wide commerce worth and seven.53% of the mixed worth of the highest 10 brokers on the listing.
Meristem additionally posted a robust displaying within the quantity class, inserting third after facilitating the trade of three.9 billion shares.
5. Stanbic IBTC Stockbrokers Restricted – N103.1 billion
Ranked fifth is Stanbic IBTC Stockbrokers Restricted, which executed transactions price N103.1 billion within the second quarter.
This accounts for five.25% of the whole market transaction worth and 9.28% of the combination worth among the many prime 10 brokers.
On the quantity chart, Stanbic IBTC additionally appeared in seventh place, having facilitated the trade of two.48 billion shares.
4. United Capital Securities – N136.4 billion
United Capital Securities Restricted stands in 4th place with a transaction worth of N136.4 billion.
This determine quantities to six.95% of all buying and selling worth throughout the Nigerian Trade for the quarter and 12.28% of the cumulative worth transacted by the highest 10 stockbrokers.
The agency additionally ranked excessive in commerce quantity, inserting 2nd with 4.2 billion shares exchanged.
3. Cordros Securities Restricted – N157.9 billion
Cordros Securities Restricted claims the third place after transacting a complete of N157.9 billion in Q2 2025.
This efficiency makes up 8.05% of the complete market transaction worth and 14.21% of the highest 10’s mixed commerce worth.
Cordros additionally confirmed up on the quantity listing, rating ninth after dealing with 2.07 billion shares over the quarter.
2. EFG Hermes Nigeria Restricted – N161.1 billion
In second place is EFG Hermes Nigeria Restricted, which recorded a transaction worth of N161.1 billion for the quarter.
This represents 8.21% of the whole worth transacted by all stockbrokers and 14.21% of the buying and selling worth recorded by the highest 10 companies.
The agency additionally appeared on the quantity listing on the sixth place, having facilitated the trade of two.5 billion shares.
1. CardinalStone Securities Restricted – N256.4 billion
Sitting on the prime of the listing is CardinalStone Securities Restricted, which executed a complete transaction worth of N256.4 billion within the second quarter.
This accounts for a commanding 13.06% of the market-wide buying and selling worth and 23.08% of the worth attributed to the highest 10 brokers by transaction measurement.
CardinalStone additionally led the quantity rankings, taking 1st place with a formidable 7.7 billion shares exchanged — the best by any stockbroker within the quarter.
