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CARDINAL STONE SECURITIES
The leading 10` stockbroking firms in the Nigerian stock market raked in a whopping N19.209 billion in the first half of the year 2024 as increased volume and value of trade in the NGX boosted brokerage revenue.
The leading 10` stockbroking firms in the Nigerian stock market earned N18.486 billion in the first eight months of 2023.
Leading 10 stockbroking firms in the Nigerian stock market facilitated the exchange of 97.725 billion shares, with a total value of N1.231 trillion, during the first seven months of 2023.
Despite bearish market, the top ten stockbroking firms in Nigeria traded a total of N391.9 billion worth of shares between January and March 2020.
About 55.31 percent of the total shares traded on the Nigerian Stock Exchange (NSE) between January May 2019, was carried out by 10 stockbroking companies.