Nigerian Exchange Limited

List of Stock Brokers in Nigeria

Stockbrokers are financial professionals that execute stock orders on behalf of clients in Nigeria and other countries. Stockbrokers are also known as investment advisors due to the fact that they offer investment advice and issue reports/analyses on securities to clients.

Most stockbrokers in Nigeria work for brokerage companies and handle transactions for both individual and institutional clients for commissions.

Here is the complete list of all active and inactive stockbrokers in Nigeria as of October 14, 2021. Investors should endeavour to check this list as often as possible as the Nigerian Exchange Limited can move an active stockbroker to an inactive list.

Check below for the list of stockbrokers in Nigeria and their status.

List of Stock Brokers in Nigeria

Dealing Member	Status
Absa Securities Nigeria Limited	Active
Adamawa Securities Limited	Inactive
Adonai Stockbrokers Limited	Inactive
Afrinvest Securities Limited	Active
Aims Asset Management Limited	Inactive – Deregistered by the SEC
Alangrange Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
Amyn Investment Limited	Inactive
Anchoria Investment and Securities Limited	Active
Apel Asset Limited	Active
APT Securities & Funds Limited	Active
Arian Capital Management Limited	Inactive – Reclassified to Sub Broker with the SEC
ARM Securities Limited	Active
Arthur Stevens Asset Management Limited	Active
Associated Asset Managers Limited	Active
Atlass Portfolio Limited	Active
Ava Securities Limited	Active
Bauchi Investment Corporation Securities Limited	Active
Belfry Investment & Securities Limited	Active
Bestlink Investment Limited	Inactive – Reclassified to Sub Broker with the SEC
Bestworth Assets & Trust Limited	Active
BGL Securities Limited	Inactive – Deregistered by SEC
Cadington Securities Limited	Inactive – Deregistered by the SEC
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	Active
Cashcraft Securities Limited	Inactive
Cashville Investments & Securities Limited	Active
CDL Capital Markets Limited	Active
CEB Securities Limited	Inactive
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 Limited	Active
Clearview Investments Company Limited	Inactive
CLG Stockbrokers Limited	Inactive
Compass Investments & Securities Limited	Active
Cordros Securities Limited	Active
Core Securities Limited	Active
Coronation Securities Limited	Active
Covenant Securities & Asset Management Limited	Inactive – Reclassified to Sub Broker with the SEC
Cowry Securities Limited	Active
Cradle Trust Finance & Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
Crane Securities Limited	Inactive
Crossworld Securities Limited	Active

Crown Capital Limited	Active
CSL Stockbrokers Limited	Active
Decanon Investment Limited	Inactive – Deregistered by SEC
Deep Trust & Investment Limited	Active
De-Lords Securities Limited	Active
Dependable Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
DLM Securities Limited	Active
Dominion Trust Limited	Active
DSU Brokerage Services Limited	Active
Dunbell Securities Limited	Active
Dynamic Portfolio Limited	Active
ECL Asset Management Limited	Inactive
EDC Securities Limited	Active
Edgefield Capital Management Limited	Active
EFG Hermes Nigeria Limited	Active
El-Elyon Alliance and Securities Limited	Active
Elixir Securities Limited	Active
Enterprise Stockbrokers Limited	Active
Equity Capital Solutions Limited	Active
Eurocomm Securities Limited	Active
Excel Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
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 & Analytics Capital Limited	Inactive – Deregistered by the SEC
Financial Trust Company Nigeria Limited	Active
Finmal Finance Services Limited	Active
First Integrated Capital Management Limited	Active
First Stockbrokers Limited	Inactive
FIS Securities Limited	Active
Foresight Securities & Investment Limited	Active
Forte Financial Limited	Active
Forthright Securities & Investments Limited	Active
Fortress Capital Limited	Active
FSDH Capital Limited	Active
FSL Securities Limited	Active
Funds Matrix & Asset Management Limited	Active
Fundvine Capital & Securities Limited	Active
Futureview Securities Limited	Active
Gem Assets Management Limited	Active
Gidauniya Invest & Sec Limited	Active
Global Asset Management (Nig) Limited	Active
Globalview Capital Limited	Active
GMT Securities & Asset Mgt Limited	Inactive
Golden Securities Limited	Active
Gombe Securities Limited	Inactive
Greenwich Securities Limited	Active

Growth & Development Asset Management Limited	active
Gruene Capital Limited	Active
GTI Securities Limited	Active
Harmony Investment & Securities Limited	Active
Heartbeat Investments Limited	Active
Hedge Securities and Investments Company Limited	Active
Heritage Capital Markets Limited	Active
Horizon Stockbrokers Limited	Inactive
ICMG Securities Limited	Active
Icon Stockbrokers Limited	Active
Imperial Assets Managers Limited	Active
Integrated Trust & Investments Limited	Active
International Standard Securities Limited	Inactive – Deregistered by the SEC
Interstate Securities Limited	Active
Investment Centre Limited	Inactive – Reclassified to Sub Broker with the SEC
Investment One Stockbrokers Int’l Limited	Active
Investment Shark & Asset Management Limited	Inactive
Investors & Trust Company Limited	Active
ITIS Securities Limited	Inactive
Kapital Care Trust & Securities Limited	Active
Kedari Capital Limited	Active
Kinley Securities Limited	Active
Kofana Securities & Investment Limited	Active
Kundila Finance Services Limited	Inactive
Lambeth Capital Limited	Active

LB Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
Lead Securities & Investment Limited	Active
Lighthouse Asset Management Limited	Active
Lion Stockbrokers Limited	Inactive – Deregistered by the SEC
LMB Stockbrokers Limited	Inactive – Deregistered by the SEC
MACT Securities Limited	Inactive – Deregistered by the SEC
Magnartis Finance & Investment Limited	Active
Mainland Trust Limited	Inactive – Reclassified to Sub Broker with the SEC
Mainstreet Bank Securities Limited	Active
Marimpex Finance & Investment Company Limited	Active
Marriot Securities & Investment Company Limited	Inactive – Reclassified to Sub Broker with the SEC
Maven Asset Management Limited	Inactive
Maxifund Investment & Securities Plc	Active
Mayfield Investment Limited	Inactive
MBC Securities Limited	Active
MBL Financial Services Limited	Inactive – Deregistered by the SEC
Mega Equities Limited	Active
Meristem Stockbrokers Limited	Active
Midas Stockbrokers Limited	Active
Midpoint Capital Limited	Inactive
Milestone Capital Management Limited	Inactive – Deregistered by the SEC
Mission Securities Limited	Active
ML Securities Limited	Inactive
Molten Trust Limited	Active
Monument Securities & Finance Limited	Inactive – Deregistered by the SEC

Morgan Capital Securities Limited	Active
Mountain Investment & Securities Limited	Active
Mutual Alliance Invest & Securities Limited	Inactive
Network Capital Limited	Active
Networth Securities & Finance Limited	Active
Newdevco Investment & Securities Limited	Active
Nigerian International Securities Limited	Active
Nigerian Stockbrokers Limited	Active
Norrenberger Securities Limited	Active
Northbridge Invest & Stockbrokers Limited	Inactive – Reclassified to Sub Broker with the SEC
Nova Finance & Securities Limited	Active
NOVAMBL Securities Limited	Active
Options Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
Osborne Capital Markets Limited	Active
PAC Securities Limited	Active
Parthian Securities Limited	Active
Partnership Securities Limited	Inactive – Deregistered by the SEC
Peace Capital Markets Limited	Active
Perfecta Investment Trust Limited	Inactive – Reclassified to Sub Broker with the SEC
Phronesis Securities Limited	Inactive – Reclassified to Sub Broker with the SEC
Pilot Securities Limited	Active
Pinefields Investment Services Limited	Active
PIPC Securities Limited	Active
Pivot Capital Limited	Active
Planet Capital Limited	Active

Platinum Capital Limited	Inactive – Deregistered by the SEC
PML Securities Company Limited	Inactive – Reclassified to Sub Broker with the SEC
Portfolio Advisers Limited	Active
Premium Capital and Stockbrokers Limited	Active
Primewealth Capital Limited	Active
Professional Stockbrokers Limited	Inactive – Reclassified to Sub Broker with the SEC
Profund Securities Limited	Inactive – Deregistered by the SEC
Prominent Securities Limited	Active
PSL Capital Limited	Active
Pyramid Securities Limited	Active
Qualinvest Capital Limited	Active
Quantum Securities Limited	Inactive
Quantum Zenith Securities & Investments Limited	Active
Rainbow Securities Limited	Active
Readings Investment Limited	Active
Redasel Investment Limited	Inactive – Reclassified to Sub Broker with the SEC
Regency Assets Management Limited	Active
Rencap Securities (Nig) Limited	Active
Resort Securities Limited	Active
Reward Investment & Service Limited	Active
RMB Nigeria Stockbrokers Limited	Active
Rostrum Investment & Securities Limited	Active
Rowet Capital Management Limited	Active
Royal Crest Finance Limited	Active
Royal Guaranty & Trust Limited	active

Royal Trust Securities Limited	Inactive
Sankore Securities Limited	Active
Santrust Securities Limited	Active
Securities & Capital Management Company Limited	Active
Securities Africa Financial Limited	Active
Securities Solutions Limited	Inactive – Deregistered by the SEC
Security Swaps Limited	Active
Shalom Investment & Securities Limited	Active
Shelong Investment Limited	Active
Sigma Securities Limited	Active
Signet Investment & Securities Limited	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 Alliance Capital & Asset Limited	Inactive
Standard Union Securities Limited	Active
StoneX Financial Nigeria Limited	Active
Supra Commercial Trust Limited	Inactive
Surport Services Limited	Inactive – Reclassified to Sub Broker with the SEC
The Bridge Securities Limited	Active
Tiddo Securities Limited	Active
Tomil Trust Limited	Active

Topmost Securities Limited	Active
Tower Asset Management Limited	Inactive – Reclassified to Sub Broker with the SEC
Tower Securities & Investment Company Limited	Active
Trade link Securities Limited	Active
Traders Trust & Investment Company Limited	Active
Transworld Investment & Securities Limited	Active
Trust Yields Securities Limited	Active
Trustbanc Capital Management Limited	Active
Trusthouse Investment Limited	Active
TRW Stockbrokers Limited	Active
Tyndale Securities Limited	Active
UCML Capital Limited	Active
UIDC Securities Limited	Active
UNEX Capital Limited	Active
United Capital Securities Limited	Active
Valmon Securities Limited	Active
Valueline Securities & Investments Limited	Active
Vetiva Securities Limited	Active
Vision Trust & Investment Limited	Inactive – Reclassified to Sub Broker with the SEC
Waila Securities and Funds Limited	Inactive – Reclassified to Sub Broker with the SEC
WCM Capital Limited	Active
WSTC Securities Limited	Active
Yobe Investment Company Limited	Inactive – Reclassified to Sub Broker with the SEC
Zion Stockbrokers & Securities Limited	Active

Temitayo Olukoya

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