If you want to invest in FGN saving bonds, Treasury Bills, stocks, and other securities in Nigeria, your first stop should be the official website of the Security and Exchange Commission (SEC), NGX, or the Debt Management Office (DMO).
After getting the list of the licenced stockbroking firms and primary dealers, you can inquire how you can invest in any of the securities.
But we’ve done part of the collation of the registered stockbrokers for you, all you need is to reach out to them to start your investment journey.
Note that the stockbrokers in this post are also known as FGN bonds distribution agents by the Debt Management Office.
Who are active stockbrokers?
Active stockbrokers are regulated representatives of the financial market who enable the buying and selling of securities for different clients and whose certificate is valid and has not violated any of the guidelines of the SEC.
Stockbrokers serve as link between the market and customers who are looking for the best stocks to trade. They are simply investment advisors.
Tips on choosing a stockbroker in Nigeria
- It must be approved by the Securities and Exchange Commission (SEC), Nigeria’s regulatory authority in the capital market.
- Must also have a certificate of incorporation from CAC
- Must be a member of the Nigerian Stock Exchange now known as Nigerian Exchange Limited (NGX Exchange), the developer of PrimaryOffer App, an app that lets you buy Nigerian stocks.
FGN Bond Distribution Agents in Nigeria
There were over 200 stockbrokers in Nigeria: 183 are active; 41 are inactive (30 inactive and 11 Inactive Reclassified to Sub Broker with the SEC), while 9 stockbrokers are not only inactive but have also been deregistered by the SEC. Most of them operate online.
Do you want to buy stocks, invest in Federal Government of Nigeria Bonds, or sell your shares in Nigeria, here is a complete list of accredited stockbrokers:
- Apel Asset Limited
- Capital Bancorp Plc
- Capital Assets Limited
- Atlass Portfolio Limited
- Ava Securities Limited
- ARM Securities Limited
- Calyx Securities Limited
- Camry Securities Limited
- Afrinvest Securities Limited
- APT Securities & Funds Limited
- Absa Securities Nigeria Limited
- Associated Asset Managers Limited
- Arthur Stevens Asset Management Limited
- Anchoria Investment and Securities Limited
- Bauchi Investment Corporation Securities Limited
- Belfry Investment & Securities Limited
- Bestworth Assets & Trust Limited
- Capital Express Securities Limited
- Capital Trust Brokers Limited
- CardinalStone Securities Limited
- Cashville Investments & Securities Limited
- CDL Capital Markets Limited
- Centre Point Investment Limited
- Century Securities Limited
- Chapel Hill Denham Securities Limited
- Chartwell Securities Limited
- Citi Investment Capital Limited
- City Code Trust & Invest Company Limited
- Compass Investments & Securities Limited
- Cordros Securities Limited
- Core Securities Limited
- Coronation Securities Limited
- Cowry Securities Limited
- Crossworld Securities Limited
- Crown Capital Limited
- CSL Stockbrokers Limited
- Deep Trust & Investment Limited
- De-Lords Securities Limited
- DLM Securities Limited
- Dominion Trust Limited
- DSU Brokerage Services Limited
- Dunbell Securities Limited
- Dynamic Portfolio Limited
- EDC Securities Limited
- Edgefield Capital Management Limited
- EFG Hermes Nigeria Limited
- El-Elyon Alliance and Securities Limited
- Enterprise Stockbrokers Limited
- Equity Capital Solutions Limited
- Eurocomm Securities Limited
- Express Portfolio Services Limited
- Falcon Securities Limited
- FBC Trust & Securities Limited
- FBNQuest Securities Limited
- FCSL Asset Management Company Limited
- Fidelity Finance Company Limited
- Financial & Analytics Capital Limited
- Financial Trust Company Nigeria Limited
- Finmal Finance Services Limited
- First Integrated Capital Management Limited
- FIS Securities Limited
- Foresight Securities & Investment Limited
- Forte Financial Limited
- Forthright Securities & Investments Limited
- Fortress Capital Limited
- FSDH Capital Limited
- FSL Securities Limited
- Funds Matrix & Asset Management Limited
- Fundvine Capital & Securities Limited
- Futureview Securities Limited
- GDL Stockbrokers Limited
- Gem Assets Management Limited
- Gidauniya Invest & Sec Limited
- Global Asset Management (Nig) Limited
- Globalview Capital Limited
- Golden Securities Limited
- Greenwich Securities Limited
- Gruene Capital Limited
- GTI Securities Limited
- Heartbeat Investments Limited
- Heritage Capital Markets Limited
- ICMG Securities Limited
- Icon Stockbrokers Limited
- Imperial Assets Managers Limited
- Integrated Trust & Investments Limited
- Interstate Securities Limited
- Investors & Trust Company Limited
- Kapital Care Trust & Securities Limited
- Kedari Capital Limited
- Kinley Securities Limited
- Kofana Securities & Investment Limited
- Kundila Finance Services Limited
- Lambeth Capital Limited
- Lead Securities & Investment Limited
- Lighthouse Asset Management Limited
- Magnartis Finance & Investment Limited
- Mainstreet Bank Securities Limited
- MBC Securities Limited
- Mega Equities Limited
- Meristem Stockbrokers Limited
- Midas Stockbrokers Limited
- Milestone Capital Management Limited
- Mission Securities Limited
- Molten Trust Limited
- Morgan Capital Securities Limited
- Mountain Investment & Securities Limited
- Network Capital Limited
- Networth Securities & Finance Limited
- Newdevco Investment & Securities Limited
- Nigerian Stockbrokers Limited
- Norrenberger Securities Limited
- Nova Finance & Securities Limited
- NOVAMBL Securities Limited
- Osborne Capital Markets Limited
- PAC Securities Limited
- Parthian Securities Limited
- Pilot Securities Limited
- PIPC Securities Limited
- Pivot Capital Limited
- Planet Capital Limited
- Portfolio Advisers Limited
- Primewealth Capital Limited
- Prominent Securities Limited
- PSL Capital Limited
- Pyramid Securities Limited
- Qualinvest Capital Limited
- Rainbow Securities Limited
- Readings Investment Limited
- Regency Assets Management Limited
- Rencap Securities (Nig) Limited
- Resort Securities Limited
- Reward Investment & Service Limited
- RMB Nigeria Stockbrokers Limited
- Rostrum Investment & Securities Limited
- Rowet Capital Management Limited
- Royal Crest Finance Limited
- Royal Guaranty & Trust Limited
- Sankore Securities Limited
- Santrust Securities Limited
- Securities Africa Financial Limited
- Security Swaps Limited
- Shalom Investment & Securities Limited
- Shelong Investment Limited
- Sigma Securities Limited
- Signet Investment & Securities Limited
- Skyview Capital Limited
- Smadac Securities Limited
- Solid Rock Securities & Investment Plc
- Spring Board Trust & Investment Limited
- Spring Trust & Securities Limited
- Stanbic IBTC Stockbrokers Limited
- Standard Union Securities Limited
- StoneX Financial Nigeria Limited
- The Bridge Securities Limited
- Tiddo Securities Limited
- Tomil Trust Limited
- Topmost Securities Limited
- Trade link Securities Limited
- Trustbanc Capital Management Limited
- Trusthouse Investment Limited
- TRW Stockbrokers Limited
- Tyndale Securities Limited
- UCML Capital Limited
- UIDC Securities Limited
- UNEX Capital Limited
- United Capital Securities Limited
- Valmon Securities Limited
- Vetiva Securities Limited
- WCM Capital Limited
- WSTC Securities Limited
- Pinefields Investment Services Limited
- Premium Capital and Stockbrokers Limited
- Investment One Stockbrokers Int’l Limited
- Harmony Investment & Securities Limited
- Zion Stockbrokers & Securities Limited
- Valueline Securities & Investments Limited
- Traders Trust & Investment Company Limited
- Transworld Investment & Securities Limited
- Quantum Zenith Securities & Investments Limited
- Tower Securities & Investment Company Limited
- Securities & Capital Management Company Limited
- Hedge Securities and Investments Company Limited
- Marimpex Finance & Investment Company Limited
You can find the contact details of the above bond distribution agents in Nigeria in a file shared by the DMO. This list will be updated regularly, we urge you to check for their status on the NGX site.
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Bought share in First Inland Bank 2007 , waited for certificate to no avail , checked after some years , name of Bank changed , went to the Bank branch,they said that the agent of the Bank is not around that I should check next time and after so many attempts ,I loosed hope of recovering anything . Now I wish to try once more to recover my money. Help by contacting me on 08051152607.
Hello Innocent,
Follow the guide below to get your FinBank Dividend
FinBank was acquired by First City Monument Bank (FCMB) in 2012, as such, FCMB will be able to guide you on how to get your dividend provided you have a copy of share certificate.
For instance, EcoBank which acquired Oceanic in 2011, sent me a copy of the share certificate that bears the name of the name owners (EcoBank), till date I get dividends paid into my account.
In your own case, it’s advisable to contact First Registrars & Investor Services Ltd (FCMB Share registrar) for details on how to fill the E-divided form.
First Registrars & Investor Services Ltd is located at: 2 Abebe Village Rd, Iganmu 12242, Lagos and you find the website at firstregistrarsnigeria.com
The registrar will help you further.
I found it difficult to create my account,
After the last stage of creating the account, I was ask to go to my email to receive a six digit code ( otp), but when I check my email sparm I couldn’t receive it, so leave it for some hours, but when I came back to continue it refuse to move, and when i want to create a new one, they are telling me my Bvn is been use already,. Pls help
How can someone market share what l have a share which l want to sale