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.
CSL Stockbrokers Limited took the third spot in February 2026, executing trades valued at N96.9 billion.
This represented 6.25% of the N1.55 trillion total value traded by all Nigerian stockbrokers and 11.25% of the N862 billion handled by the top 10 firms.
The firm also topped the volume rankings, trading 6.3 billion shares, equivalent to 14.56% of all shares exchanged in the market.
In February 2025, CSL Stockbrokers ranked tenth by value with N11.8 billion in trades, far below its 2026 performance.
Its trading volume also jumped from 609.9 million shares in 2025, which placed it sixth in the volume chart, to 6.3 billion shares in 2026.
