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.
Stanbic IBTC Stockbrokers Limited occupied the sixth spot in February 2026, executing trades valued at N84.28 billion.
This accounted for 5.43% of the total value traded by all Nigerian stockbrokers and 9.78% of the value handled by the top 10 brokers.
The firm also featured on the volume rankings, coming in tenth with 1.093 billion shares, representing 2.52% of all shares traded in the market.
In February 2025, Stanbic IBTC ranked fifth by transaction value with N31.2 billion, highlighting the significant growth achieved in 2026.
Trading activity also strengthened in volume terms, rising from 853.6 million shares in 2025 to 1.093 billion shares in February 2026.
