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.
EFG Hermes Nigeria Limited came in 4th place in Q1 2026, facilitating trades worth N254.8 billion on the Nigerian Exchange.
Accounting for 6.11% of total stockbrokers’ transactions and 11.39% of the N2.2 trillion generated by the top 10 firms, the performance highlights its strong value concentration in the market.
Although it did not feature on the volume chart, its value-driven execution ensured a solid presence among the market’s leading facilitators, improving from 2025 when it was absent from the top 10 ranking.
