Providus Bank


The Nigerian Stock Exchange frequent publishes a list of active and inactive stockbrokers that you can rely on to trade shares. It is important to check this list occasionally as the exchange frequently amend it to capture active and inactive stockbrokers.

Here is the list;

Dealing MemberStatus
Afrinvest Securities LimitedActive
Anchoria Investment & Securities LtdActive
Apel Asset Limited (Formerly Apel Asset & Trust Limited)Active
APT Securities & Funds LimitedActive
ARM Securities Limited Active
Arthur Stevens Asset Mgt LtdActive
Associated Asset Managers LimitedActive
Atlass Portfolio LimitedActive
Barclays Stockbrokers Nigeria LimitedActive
Bauchi Investment Corporation Securities LimitedActive
Belfry Investment & Securities LimitedActive
Bestworth Assets & Trust LimitedActive
Calyx Securities LimitedActive
Camry Securities Limited Active
Capital Assets LimitedActive
Capital Bancorp PlcActive
Capital Express securities LimitedActive
Capital Trust Brokers LimitedActive
CardinalStone Securities Limited (Formerly Plural Securities Limited)Active
Cashcraft Securities LimitedActive
Cashville Investments & Securities LtdActive
CDL Capital Markets LimitedActive
Centre Point Investment LimitedActive
Century Securities LimitedActive
Chapel Hill Denham Securities LimitedActive
Chartwell Securities LimitedActive
Citi Investment Capital LimitedActive
City Code Trust & Invest Company LtdActive
Compass Investments & Sec. LtdActive
Cordros Securities LimitedActive
Core Securities LimitedActive
Coronation Securities LimitedActive
CowrySecurities LtdActive
Crane Securities LimitedActive
Crossworld Securities LimitedActive
Crown Capital Limited Active
CSL Stockbrokers LimitedActive
Deep Trust & Investment LimitedActive
De-Lords Securities LimitedActive
Dominion Trust LimitedActive
DSU Brokerage Services LimitedActive
Dunbell Securities LimitedActive
Dunn Loren Merrifield Securities LimitedActive
Dynamic Portfolio LimitedActive
EDC Securities Limited Active
Edgefield Capital Management LimitedActive
EFG Hermes Nigeria LimitedActive
El-Elyon Alliance and Securities LtdActive
Elixir Securities Limited (Formerly known as Merit Securities Limited)Active
Enterprise Stockbrokers LimitedActive
Equity Capital Solutions LimitedActive
Eurocomm Securities LimitedActive
Express Portfolio Services LimitedActive
Falcon Securities LimitedActive
FBC Trust & Securities LimitedActive
FBNQuest Securities LimitedActive
FCSL Asset Management Company LimitedActive
Fidelity Finance Company LimitedActive
Financial Trust Company Nigeria LimitedActive
Finmal Securities Limited Active
First Integrated Capital Mgt LtdActive
FIS Securities LimitedActive
Foresight Securities & Investment LimitedActive
Forte Financial LimitedActive
Forthright Securities & Investments LimitedActive
Fortress Capital Limited Active
FSDH Securities Limited Active
FSL Securities LimitedActive
Funds Matrix & Asset Management LimitedActive
Fundvine Capital & Securities LimitedActive
Futureview Securities Limited Active
Gidauniya Invest & Sec Ltd Active
Global Asset Management (Nig) LtdActive
Globalview Capital LimitedActive
Golden Securities LimitedActive
Greenwich Securities LimitedActive
Growth & Development Asset Management Limitedactive
Gruene Capital Limited (Formerly Mc-Finerco Investment Limited)Active
GTI Securities LimitedActive
Harmony Investment & Securities LtdActive
Heartbeat Investments LimitedActive
Hedge Securities & Investment LtdActive
Helix Securities LimitedActive
Heritage Capital Markets Limited Active
ICMG Securities LimitedActive
Icon Stockbrokers LimitedActive
Imperial Assets Managers LimitedActive
Integrated Trust & Investments LimitedActive
Interstate Securities LimitedActive
Investment One Stockbrokers Int’l Ltd (formerly GTB Securities Limited)Active
Investors & Trust Company LimitedActive
Kapital Care Trust & Securities LimitedActive
Kedari Capital Limited (Formerly Kedari Securities Ltd)Active
Kinley Securities LimitedActive
Kofana Securities & Investment LimitedActive
Lambeth Capital LimitedActive
Lead Securities & Invests LtdActive
Lighthouse Asset Management LimitedActive
Magnartis Finance & Investment LimitedActive
Mainstreet Bank Securities Limited Active
Maxifund Investment & Securities PlcActive
MBC Securities LimitedActive
MBL Financial Services LimitedActive
Mega Equities LimitedActive
Meristem Stockbrokers LimitedActive
Midas Stockbrokers LimitedActive
Milestone Capital Management Limited (Formerlly Ocean Securities & Stockbrokers Ltd)Active
Mission Securities LimitedActive
Molten Trust LimitedActive
Morgan Capital Securities Limited Active
Mountain Investment & Securities LtdActive
Network Capital Limited (Formerly Crescent Capital Limited)Active
Networth Securities & Finance LtdActive
Newdevco Invests & Sec. Co. LtdActive
Nigerian International Securities LtdActive
Nigerian Stockbrokers LimitedActive
Osborne Capital Markets LimitedActive
PAC Securities Limited Active
Peace Capital Markets LimitedActive
Pilot Securities Limited Active
Pinefields Investment Services LimitedActive
PIPC Securities Limited Active
Pivot Capital LimitedActive
Planet Capital Limited (Merger between Emerging Capital and Strategy & Arbitrage Limited)Active
Portfolio Advisers LimitedActive
Premium Capital and Stockbrokers Limitedactive
Primewealth Capital Limited Active
Prominent Securities LimitedActive
PSI Securities LimitedActive
Pyramid Securities LimitedActive
Qualinvest Capital Limited (Formerly Independent Securities Limited)Active
Quantum Zenith Securities & Investments LimitedActive
Rainbow Securities LimitedActive
Readings Investment LimitedActive
Regency Assets Management LtdActive
Rencap Securities (Nig) Limited Active
Resort Securities LimitedActive
Reward Investment & Service LtdActive
RMB Nigeria Stockbrokers LimitedActive
Rostrum Investment & Sec. Ltd Active
Rowet Capital Mgt Limited Active
Royal Crest Finance LimitedActive
Royal Guaranty & Trust Ltdactive
Royal Trust Securities Limitedactive
Sankore Securities LimitedActive
Santrust Securities LimitedActive
Securities & Capital Management Company Limited (formerly Fountain Securities Limited) Active
SECURITIES AFRICA FINANCIAL LIMITED (Formerly Skye Stockbrokers Limited)Active
Security Swaps LimitedActive
Shalom Investment & Securities LimitedActive
Shelong Investment LimitedActive
Sigma Securities LimitedActive
Signet Investment & Securities LtdActive
Skyview Capital LimitedActive
Smadac Securities LimitedActive
Solid Rock Securities & Investment PlcActive
Spring Board Trust & Investment LimitedActive
Spring Trust & Securities LimitedActive
Stanbic IBTC Stockbrokers Limited Active
Standard Union Securities LtdActive
Tellimer Capital LimitedActive
TFS Securities & Investment Co. LtdActive
The Bridge Securities LimitedActive
Tiddo Securities Limited Active
Tomil TrustLimitedActive
Topmost Sec Ltd Active
Tower Securities & Invest Co. LtdActive
Trade link Securities LimitedActive
Traders Trust & Investment Co. LimitedActive
Transworld Investment & Securities LimitedActive
Trust Yields Securities LimitedActive
Trustbanc Capital Management Limited (Formerly IMTL Securities Limited)Active
Trusthouse Investment LimitedActive
TRW Stockbrokers LimitedActive
Tyndale Securities Limited (formerlly Truebond Capital & Asset Mgt Ltd)Active
UIDC Securities LimitedActive
UNEX Capital LimitedActive
Union Capital Markets LimitedActive
United Capital Securities Limited (Formerly UBA Securities Limited)Active
Valmon Securities LimitedActive
Valueline Securities & Investments Limited Active
Vetiva Securities Limited Active
WCM Capital LimitedActive
WSTC Securities LimitedActive
Zion Stockbrokers & Securities LimitedActive




Comments 31

  1. Benny says:

    Hello Ugometrics,
    Thank you for all the information. Its sure a lot of hard work on your part. Do update the list of stockbrokers above, Cashcraft is active again as they have sorted out their issues with SEC.

    • Nairametrics says:

      Hi Benny, it has been amended. Thanks

      • maurice says:

        You have not responded to one question asked here severally, pls which brokerage is among first three best in the list

  2. Jay O. says:

    Do your have a list of reputable Stockbrokers to share?

  3. John Kigbu says:

    As a client of suspended Lion Stockbrokers Ltd since 2006,how do I recoup my investment?

    • Nairametrics says:

      You can via your CSCS account and if they don’t hold your cash

  4. Johnson says:

    please can you shade more light on how one can recoup his investment from inactive stockbroking firm, using cscs a/c number?

  5. Ololade says:

    Pls is anchor point security stil existing

  6. Nnamani says:

    I bought zenith bank share offer of 2007/2008 and they have given my shares certificate to me now if i want to sale my shares what are the steps I have to take to be able to sale my shares of about 50k unit shares

    • Julius Akpere says:

      First and foremost you need to choose a stockbroker of your choice and register with the stockbroker
      After the registration you surrender your paper certificate to the stockbroker for dematerialization into CSCS
      After the dematerialization your shares become tradable on the floor of the NSE

  7. Temitope says:

    hello, help pls, I bought the Intercontinental shares and they were converted to assess bank, but I lost the certificate, how can I get another certificate .

  8. Adegoke Oluwakemi says:

    Pls I want to know more about topmost sec

  9. Yee says:

    Which are the top 3 brokers?

  10. Anonymous says:

    Pls I have some unclaimed dividends and I needed an assistance

  11. nathaniel stone says:

    how do i open a brokerage account from the united states or london…
    with one of your broker companies… thanks.

    • Nairametrics says:

      It’s simple. Just select a broker, which you can find online and then register with them. Open a brokerage account with them and start trading asap. You can even trade yourself online using their portals.

  12. Caserool says:

    pls can I know which brokers have online trading platforms

  13. Linda says:

    I plan to buy some share preferrablly Bank and Dangote share, who do you suggest are most trusted broker

  14. AK says:

    Hi, May I know if zion stockbroker company its active and trusted company to open brokerage account with? hence its not included on the above list. what happen if company becomes inactive? how would you recover your investment? what are the best stocks available in market at this point. Thank you. AK

  15. Afolabi S,A. Mark says:

    I opened an account with STACOPRIME CAPITAL LIMITED in February 2008 when they were at plot 1681 Olakunle Bakare Close in Victoria Island but could not find them on the list of Stock Brokers. Can I still find and recoup my money from this company?

  16. Edibo Danjuma says:

    I have not been given any divident of 3000units of ordinary shares of Skye Bank since 2006 I acquired it through first city security uptil now,what do I do

  17. Ahmad L. Barhama says:

    This is good and educative portal keep it up please. thanks.

  18. john doe says:

    Good write up,but please try to update,like partnership securities should be more like inactive Now after diverting shareholder’s hard earned money,case is in court, don’t let your platform mislead investors.

  19. Precious says:

    Please, I want to buy Foreign stocks. Can i do so with a Nigerian brocker?

  20. Franklin Dekue Ebomah and family says:

    Eurocomms securities ltd used to have an office in Port Harcourt but has disappeared out of PH without notice or forwarding address or traceable location! Can I get in touch with them in order to trace the NSE shares I bought/sold through them for me and my families?

  21. Michael Olu says:

    You should know that the platform cannot recommend broker due to liability risk.
    My advice is start with your bank. They may have clients who have had success with some brokers.

  22. Josiah Ukabiala says:

    Do we have any of these brokerage firm in any other states beside Lagos?

  23. Anonymous says:

    Please I bought my shares in 2007 through Davandy holdings but they are not listed above and I have not gotten any dividend since I bought through them. What am I to do. The federal government has given deadlines for unclaimed dividend. What should I do

  24. Francis says:


    Please I have been searching for a way to reach altrades security limited. They also don’t seem to be on the list. Please is there a way I can reach them?

    • Yoola Afuwape says:

      Is Quantum Securities Ltd different from Quantum Zenith Securities and Investments Ltd? If there was a merger, what day did the merger come inro existence?

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