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






  1. Benny

    August 2, 2014 at 12:56 am

    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

      August 2, 2014 at 7:50 am

      Hi Benny, it has been amended. Thanks

      • maurice

        May 11, 2017 at 8:17 pm

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

  2. Jay O.

    January 30, 2015 at 1:09 am

    Do your have a list of reputable Stockbrokers to share?

  3. John Kigbu

    February 24, 2015 at 10:05 am

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

    • Nairametrics

      February 24, 2015 at 2:43 pm

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

  4. Johnson

    May 5, 2015 at 12:10 am

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

  5. Ololade

    January 9, 2016 at 9:31 pm

    Pls is anchor point security stil existing

  6. Nnamani

    January 17, 2016 at 12:29 pm

    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

      April 14, 2017 at 9:32 pm

      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

    January 19, 2016 at 9:51 am

    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 .

    • Julius Akpere

      April 14, 2017 at 9:27 pm

      Contact United Securities Limited

  8. Adegoke Oluwakemi

    March 8, 2016 at 1:44 pm

    Pls I want to know more about topmost sec

  9. Yee

    March 14, 2016 at 10:29 am

    Which are the top 3 brokers?

  10. Anonymous

    June 22, 2016 at 10:41 pm

    Pls I have some unclaimed dividends and I needed an assistance

  11. nathaniel stone

    August 16, 2016 at 2:25 am

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

    • Nairametrics

      August 16, 2016 at 8:21 am

      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

    January 16, 2017 at 11:04 am

    pls can I know which brokers have online trading platforms

  13. Linda

    April 4, 2017 at 10:56 am

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

  14. AK

    April 7, 2017 at 4:19 am

    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

    May 22, 2017 at 11:59 pm

    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

    August 9, 2017 at 1:00 pm

    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

    August 18, 2017 at 2:56 pm

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

  18. john doe

    September 7, 2017 at 1:18 pm

    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

    June 9, 2020 at 1:05 am

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

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