Stockbrokers in Nigeria

List of Active Stockbrokers and Bond Distribution Agents in Nigeria

Last updated on November 9th, 2023 at 11:19 pm


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.

Also Read:  Top 10 Absa Most Attractive Destination for Foreign Investment in Africa

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:

  1. Apel Asset Limited
  2. Capital Bancorp Plc
  3. Capital Assets Limited
  4. Atlass Portfolio Limited
  5. Ava Securities Limited
  6. ARM Securities Limited
  7. Calyx Securities Limited
  8. Camry Securities Limited
  9. Afrinvest Securities Limited
  10. APT Securities & Funds Limited
  11. Absa Securities Nigeria Limited
  12. Associated Asset Managers Limited
  13. Arthur Stevens Asset Management Limited
  14. Anchoria Investment and Securities Limited
  15. Bauchi Investment Corporation Securities Limited
  16. Belfry Investment & Securities Limited
  17. Bestworth Assets & Trust Limited
  18. Capital Express Securities Limited
  19. Capital Trust Brokers Limited
  20. CardinalStone Securities Limited
  21. Cashville Investments & Securities Limited
  22. CDL Capital Markets Limited
  23. Centre Point Investment Limited
  24. Century Securities Limited
  25. Chapel Hill Denham Securities Limited
  26. Chartwell Securities Limited
  27. Citi Investment Capital Limited
  28. City Code Trust & Invest Company Limited
  29. Compass Investments & Securities Limited
  30. Cordros Securities Limited
  31. Core Securities Limited
  32. Coronation Securities Limited
  33. Cowry Securities Limited
  34. Crossworld Securities Limited
  35. Crown Capital Limited
  36. CSL Stockbrokers Limited
  37. Deep Trust & Investment Limited
  38. De-Lords Securities Limited
  39. DLM Securities Limited
  40. Dominion Trust Limited
  41. DSU Brokerage Services Limited
  42. Dunbell Securities Limited
  43. Dynamic Portfolio Limited
  44. EDC Securities Limited
  45. Edgefield Capital Management Limited
  46. EFG Hermes Nigeria Limited
  47. El-Elyon Alliance and Securities Limited
  48. Enterprise Stockbrokers Limited
  49. Equity Capital Solutions Limited
  50. Eurocomm Securities Limited
  51. Express Portfolio Services Limited
  52. Falcon Securities Limited
  53. FBC Trust & Securities Limited
  54. FBNQuest Securities Limited
  55. FCSL Asset Management Company Limited
  56. Fidelity Finance Company Limited
  57. Financial & Analytics Capital Limited
  58. Financial Trust Company Nigeria Limited
  59. Finmal Finance Services Limited
  60. First Integrated Capital Management Limited
  61. FIS Securities Limited
  62. Foresight Securities & Investment Limited
  63. Forte Financial Limited
  64. Forthright Securities & Investments Limited
  65. Fortress Capital Limited
  66. FSDH Capital Limited
  67. FSL Securities Limited
  68. Funds Matrix & Asset Management Limited
  69. Fundvine Capital & Securities Limited
  70. Futureview Securities Limited
  71. GDL Stockbrokers Limited
  72. Gem Assets Management Limited
  73. Gidauniya Invest & Sec Limited
  74. Global Asset Management (Nig) Limited
  75. Globalview Capital Limited
  76. Golden Securities Limited
  77. Greenwich Securities Limited
  78. Gruene Capital Limited
  79. GTI Securities Limited
  80. Heartbeat Investments Limited
  81. Heritage Capital Markets Limited
  82. ICMG Securities Limited
  83. Icon Stockbrokers Limited
  84. Imperial Assets Managers Limited
  85. Integrated Trust & Investments Limited
  86. Interstate Securities Limited
  87. Investors & Trust Company Limited
  88. Kapital Care Trust & Securities Limited
  89. Kedari Capital Limited
  90. Kinley Securities Limited
  91. Kofana Securities & Investment Limited
  92. Kundila Finance Services Limited
  93. Lambeth Capital Limited
  94. Lead Securities & Investment Limited
  95. Lighthouse Asset Management Limited
  96. Magnartis Finance & Investment Limited
  97. Mainstreet Bank Securities Limited
  98. MBC Securities Limited
  99. Mega Equities Limited
  100. Meristem Stockbrokers Limited
  101. Midas Stockbrokers Limited
  102. Milestone Capital Management Limited
  103. Mission Securities Limited
  104. Molten Trust Limited
  105. Morgan Capital Securities Limited
  106. Mountain Investment & Securities Limited
  107. Network Capital Limited
  108. Networth Securities & Finance Limited
  109. Newdevco Investment & Securities Limited
  110. Nigerian Stockbrokers Limited
  111. Norrenberger Securities Limited
  112. Nova Finance & Securities Limited
  113. NOVAMBL Securities Limited
  114. Osborne Capital Markets Limited
  115. PAC Securities Limited
  116. Parthian Securities Limited
  117. Pilot Securities Limited
  118. PIPC Securities Limited
  119. Pivot Capital Limited
  120. Planet Capital Limited
  121. Portfolio Advisers Limited
  122. Primewealth Capital Limited
  123. Prominent Securities Limited
  124. PSL Capital Limited
  125. Pyramid Securities Limited
  126. Qualinvest Capital Limited
  127. Rainbow Securities Limited
  128. Readings Investment Limited
  129. Regency Assets Management Limited
  130. Rencap Securities (Nig) Limited
  131. Resort Securities Limited
  132. Reward Investment & Service Limited
  133. RMB Nigeria Stockbrokers Limited
  134. Rostrum Investment & Securities Limited
  135. Rowet Capital Management Limited
  136. Royal Crest Finance Limited
  137. Royal Guaranty & Trust Limited
  138. Sankore Securities Limited
  139. Santrust Securities Limited
  140. Securities Africa Financial Limited
  141. Security Swaps Limited
  142. Shalom Investment & Securities Limited
  143. Shelong Investment Limited
  144. Sigma Securities Limited
  145. Signet Investment & Securities Limited
  146. Skyview Capital Limited
  147. Smadac Securities Limited
  148. Solid Rock Securities & Investment Plc
  149. Spring Board Trust & Investment Limited
  150. Spring Trust & Securities Limited
  151. Stanbic IBTC Stockbrokers Limited
  152. Standard Union Securities Limited
  153. StoneX Financial Nigeria Limited
  154. The Bridge Securities Limited
  155. Tiddo Securities Limited
  156. Tomil Trust Limited
  157. Topmost Securities Limited
  158. Trade link Securities Limited
  159. Trustbanc Capital Management Limited
  160. Trusthouse Investment Limited
  161. TRW Stockbrokers Limited
  162. Tyndale Securities Limited
  163. UCML Capital Limited
  164. UIDC Securities Limited
  165. UNEX Capital Limited
  166. United Capital Securities Limited
  167. Valmon Securities Limited
  168. Vetiva Securities Limited
  169. WCM Capital Limited
  170. WSTC Securities Limited
  171. Pinefields Investment Services Limited
  172. Premium Capital and Stockbrokers Limited
  173. Investment One Stockbrokers Int’l Limited
  174. Harmony Investment & Securities Limited
  175. Zion Stockbrokers & Securities Limited
  176. Valueline Securities & Investments Limited
  177. Traders Trust & Investment Company Limited
  178. Transworld Investment & Securities Limited
  179. Quantum Zenith Securities & Investments Limited
  180. Tower Securities & Investment Company Limited
  181. Securities & Capital Management Company Limited
  182. Hedge Securities and Investments Company Limited
  183. Marimpex Finance & Investment Company Limited
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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.


  • Opeyemi Quadri

    Ope is a finance writer and researcher with 10+ years of experience in content creation. His interests cut across decentralized finance, investment, foreign exchange, government policies and politics.

4 thoughts on “List of Active Stockbrokers and Bond Distribution Agents in Nigeria”

  1. Innocent Ezaka

    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.

    1. 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
      The registrar will help you further.

  2. 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

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