The Nigerian Alternate Group (NGX) launched its newest efficiency report, spotlighting the highest ten stockbrokers in Nigeria for Could 2025.
Throughout this era, the Nigerian equities market skilled spectacular beneficial properties, pushed by rising share costs and elevated buying and selling exercise.
Notably, the market capitalization surged previous the N70 trillion mark, a historic first, with stockbrokers enjoying a key function on this achievement.
In line with the NGX report, the highest 10 stockbrokers dealt with a staggering 13.61 billion shares, representing greater than half (50.23%) of the overall buying and selling quantity throughout all Nigerian brokers.
When it comes to transaction worth, these main brokers managed trades value a mixed N436.98 billion, accounting for a commanding 62.29% of the overall worth traded on the alternate in Could.
This text focuses on transaction worth somewhat than quantity, as worth displays each the value and variety of shares traded, offering a clearer measure of a dealer’s market affect and enterprise efficiency.
With that in thoughts, listed below are Nigeria’s high ten stockbrokers for Could, ranked by the worth of shares they transacted:
10. Morgan Capital Securities Restricted (N13.82 billion)
Morgan Capital Securities secured the tenth spot, facilitating trades value N13.82 billion throughout Could.
This represents 1.97% of the overall transaction worth recorded by all Nigerian stockbrokers in Could and three.16% of the N436.98 billion whole buying and selling worth dealt with by the highest 10 brokers on the NGX checklist.
On the quantity aspect, Morgan ranked sixth, enabling the buying and selling of 1.06 billion shares in Could 2025.
9. Rencap Securities (Nig) Restricted (N14.44 billion)
Rencap Securities ranked ninth, facilitating transactions value N14.44 billion in Could.
This represents 2.06% of the overall worth transacted by all stockbrokers on the alternate. Among the many high 10 brokers, Rencap contributed 3.31% to the mixed N436.98 billion whole reported by NGX.
Nonetheless, Rencap didn’t seem on NGX’s high quantity checklist for the month.
8. Coronation Securities Restricted (N20.34 billion)
Coronation Securities earned the eighth place, facilitating commerce valued at N20.34 billion in Could.
This determine represents 2.90% of the overall transaction worth recorded by Nigerian stockbrokers all through the month.
Inside the high 10, Coronation accounted for 4.66% of the mixed N436.98 billion in buying and selling exercise.
7. CSL Stockbrokers Restricted (N25.19 billion)
Rating seventh, CSL Stockbrokers dealt with transactions totaling N25.19 billion throughout Could, which is 3.59% of the general market worth transacted by all Nigerian brokers.
Among the many high 10, CSL contributed a notable 5.76% to the N436.98 billion traded.
The agency additionally positioned fifth within the quantity rankings, facilitating the buying and selling of 1.16 billion shares over the month.
6. Meristem Stockbrokers Restricted (N30.08 billion)
Meristem Stockbrokers earned the sixth spot with commerce valued at N30.08 billion in Could.
This accounted for 4.29% of the overall market transactions throughout all brokers, and 6.88% of the N436.98 billion moved by the highest 10 stockbrokers on the NGX checklist.
Meristem additionally ranked third in quantity, enabling 1.40 billion shares to commerce.
5. Stanbic IBTC Stockbrokers Restricted (N38.34 billion)
Stanbic IBTC stood in fifth place, facilitating trades value N38.34 billion through the month.
The worth represents 5.47% of all transactions by Nigerian stockbrokers in Could and eight.77% of the mixed buying and selling worth among the many high 10 brokers.
Stanbic additionally ranked eighth by quantity, enabling the buying and selling of 932.8 million shares.
4. Cordros Securities Restricted (N47.61 billion)
Cordros took the 4th place, overseeing trades value N47.61 billion all through Could.
This contributed 6.79% of the overall transaction worth on the alternate and 10.89% of the highest 10’s mixed buying and selling worth.
3. CardinalStone Securities Restricted (N68.65 billion)
CardinalStone claimed third place by facilitating commerce valued at N68.65 billion in Could.
This represented 9.79% of the overall market worth traded by all stockbrokers and 15.71% of the combination N436.98 billion among the many high 10.
CardinalStone was runner-up in quantity, enabling 1.61 billion shares through the month.
2. EFG Hermes Nig Restricted (N69.33 billion)
EFG Hermes ranked 2nd, managing trades value N69.33 billion in Could.
This accounted for 9.88% of the overall transaction worth throughout all Nigerian brokers and a commanding 15.87% of the highest 10’s whole N436.98 billion.
EFG Hermes appeared seventh on the quantity leaderboard, facilitating 1.02 billion shares.
1. United Capital Securities Restricted (N109.14 billion)
Topping the checklist, United Capital led in transaction worth with commerce totaling a whopping N109.14 billion throughout Could.
This determine represents 15.56% of all transactions carried out by Nigerian stockbrokers for the month and 24.97% of the overall worth transacted by the highest 10 brokers.
United Capital additionally topped the quantity checklist, enabling the buying and selling of three.2 billion shares in Could.
