The Nigerian Exchange published its Q1 2026 broker performance report, ranking stockbrokers based on the value and volume of trades executed during the period.
According to the report, total transactions facilitated by Nigerian stockbrokers reached N4.17 trillion in value, with the top 10 firms accounting for 53.65%, equivalent to N2.2 trillion.
The Exchange also reported a cumulative trading volume of 117.9 billion shares, of which 48.59% was executed by the top 10 brokers featured on the volume ranking.
In Q1 2026, the Nigerian equities market delivered a 29.35% return, driven largely by trading activities facilitated by stockbrokers at the core of market participation.
Against this backdrop, the stockbrokers in this report are ranked by transaction value, as it reflects not only the number of shares traded but also the financial weight and significance of those transactions.
Below are the top 10 stockbroking firms by transaction value, covering trades executed between January 1, 2026 and March 31, 2026.
United Capital Securities Limited closed Q1 2026 in the 8th position, facilitating trades worth N134.5 billion on the Nigerian Exchange.
This contribution represents 3.23% of total stockbrokers’ transactions and 6.01% of the N2.2 trillion generated by the top 10 firms.
On the volume side, the firm also made the leaderboard, enabling 2.73 billion shares and placing 10th among all stockbrokers by volume.
This performance reflects a clear improvement from Q1 2025, when it did not appear on the value chart published by the Exchange.
