Top 10 best-performing Nigerian stockbrokers by transaction value – April 2026

The top 10 Nigerian stockbrokers facilitated transactions worth N949.8 billion in April 2026, a sharp increase from N275.6 billion recorded in April 2025.

This is according to the latest broker performance report released by the Nigerian Exchange Group, which ranks stockbrokers by the value and volume of trades executed on the market.

In total, stockbrokers on the Exchange traded shares worth N1.81 trillion during the month, with the top 10 firms accounting for 52.37% of overall market activity.

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The Exchange also ranked brokers by trading volume, with the leading 10 firms executing 16.1 billion shares in April 2026, compared with 7.4 billion units in April 2025.

Strong trading activity mirrored the bullish momentum in the Nigerian equities market, with the All-Share Index posting a 20.36% return during April 2026.

Against this backdrop, the stockbrokers in this report are ranked by transaction value, which reflects not only the number of shares traded but also the financial weight and significance of those transactions.

Below are the top 10 stockbroking firms by transaction value for trades executed on the Nigerian Exchange between April 1 and April 30, 2026.

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**10. **QCapitalLimited (N39.2 billion) ****

• 10. **QCapitalLimited (N39.2 billion) **
• 9. Lambeth Capital Limited (N41.1 billion)
• 8. United Capital Securities Limited (N45.1 billion)
• 7. Coronation Securities Limited (N47.01 billion)
• 6. First Securities Brokers Limited (N49.9 billion)
• 5. Meristem Stockbrokers Limited (N81.02 billion)
• 4. EFG Hermes Nigeria Limited (N96.1 billion)
• 3. Stanbic IBTC Stockbrokers Limited (N104.1 billion)
• 2. **CordrosSecurities Limited – BRD (N124.06 billion) **
• 1. **CardinalStoneSecurities Limited (N321.9 billion) **

QCapital Limited ranks 10th on the list, recording N39.2 billion worth of shares executed in April 2026.

This represents 2.17% of the total N1.81 trillion traded in the market during the month and 4.14% of the combined value handled by the top 10 stockbrokers.

On the volume chart, QCapital also performed strongly, ranking 5th after executing 1.26 billion shares, which accounted for 3.73% of total broker-driven activity.

This reflects a clear improvement from April 2025, when the firm did not feature in either the value or volume rankings.

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**10. **QCapitalLimited (N39.2 billion) ****

• 10. **QCapitalLimited (N39.2 billion) **
• 9. Lambeth Capital Limited (N41.1 billion)
• 8. United Capital Securities Limited (N45.1 billion)
• 7. Coronation Securities Limited (N47.01 billion)
• 6. First Securities Brokers Limited (N49.9 billion)
• 5. Meristem Stockbrokers Limited (N81.02 billion)
• 4. EFG Hermes Nigeria Limited (N96.1 billion)
• 3. Stanbic IBTC Stockbrokers Limited (N104.1 billion)
• 2. **CordrosSecurities Limited – BRD (N124.06 billion) **

• 1. **CardinalStoneSecurities Limited (N321.9 billion) **

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