The top 10 Nigerian stockbrokers recorded a combined transaction value of N862.04 billion in February 2026, reflecting the scale of activity they facilitated in the equities market.
Data obtained from the Nigerian Exchange shows this accounted for 55.57% of the total N1.55 trillion worth of trades executed by all stockbrokers during the period.
The report also ranked brokers by trading volume, with the top 10 firms handling 21.41 billion shares, representing 49.37% of total market volume.
These firms serve as key intermediaries in the equities market, executing trades and providing investor access, as the Nigerian All-Share Index gained 16.60% during the period.
For this analysis, stockbrokers are ranked by the value of transactions executed in February 2026, as transaction value captures not only the number of shares traded but also the size and financial significance of those trades.
Below are the top 10 stockbroking firms by transaction value, covering trades executed between 1 February and 27 February 2026.
APT Securities and Funds Limited secured the ninth position after executing trades worth N39.08 billion in February 2026.
- This accounted for 2.52% of total value traded across all Nigerian stockbrokers and 4.53% of the N862 billion handled by the top 10 firms.
The firm also ranked ninth by volume, facilitating 1.098 billion shares, representing 2.53% of total market volume during the period.
In 2025, the broker held the second spot by value, recording N42.8 billion in trades, slightly higher than its February 2026 performance.
However, trading activity strengthened in volume terms, as the 1.098 billion shares executed in 2026 surpassed the 430.9 million shares recorded in February 2025.
