Buying stocks used to be done through a paper application, which meant that anyone interested in purchasing a public offer had to identify a physical addresses of stockbrokers in Nigeria.
Buying shares and other securities is now done digitally, and the application is completed online. One of the ways technology has transformed the way anyone may invest on the move without difficulty is the recent news about the sale of MTN Shares in Nigeria.
To acquire shares in Nigeria, you’ll require a Nigerian stockbroker who has been approved by the Securities and Exchange Commission (SEC), the country’s capital market regulator.
Apart from being recognized by SEC Nigeria, stockbrokers must also have a certificate of incorporation from CAC and be a member of the Nigerian Stock Exchange, presently known as Nigerian Exchange Limited (NGX Exchange), the company that created PrimaryOffer App.
Who exactly is a stockbroker?
A stockbroker is a licensed individual or corporation whose business it is to purchase and sell stocks and shares for clients who want to invest. A commission is usually charged by a stockbroker for a job well done.
The Securities and Exchange Commission regulates stockbrokers’ operations in Nigeria (SEC). The Securities and Exchange Commission of Nigeria (SEC Nigeria) has the legal authority to revoke the certificate of any stock brokerage firm that has engaged in any questionable behavior or manipulation.
Nigerian stockbrokers who have been approved
The leading stock brokers in Nigeria are listed here, with the majority of them having their business headquarters in Lagos, Nigeria’s commercial metropolis.
We’ve also included the stock brokerage companies’ official websites and email addresses in this list.
- Chapel Hill Denham Securities Limited
Website: chapelhilldenham.com
- Foresight Securities & Investment Limited
Website: foresightsecuritiesltd.com.ng
Email: info@foresightsecuritiesltd.com.ng
- Chartwell Securities Limited
Website: chartwell.com.ng
Email: info@chartwell.com.ng
- City Code Trust & Invest Company Limited
-
Compass Investments & Securities Limited
Website: compasssecurities.net
- FIS Securities Limited
Website: fissecurities.com
Email: hoggot@fissecurities.com
- Cowry Securities Limited
Email: cowryasset.cinfo@cowryasset.com
- APT Securities & Funds Limited
Website: aptsecurities.com
Email: info@aptsecurities.com
- Coronation Securities Limited
Website: coronationsl.com
Email: crc@coronationmb.com
- DLM Securities Limited
Website: dlm.group
Email: info@dlm.group
- Arthur Stevens Asset Management Limited
Website: arthursteven.com
Email: info@arthursteven.com
- Crossworld Securities Limited
Website: crossworldsec.biz
Email: info@crossworldsec.biz
- Associated Asset Managers Limited
Website: samtlng.com
Email: info@samtlng.com
- De-Lords Securities Limited
Website: de-lords.com
- Centre Point Investment Limited
Website: centrepointng.com
Email: info@centrepointng.com
- DSU Brokerage Services Limited
Website: dsbs.com.ng
Email: info@dsbs.com.ng
- Dunbell Securities Limited
Website: dunbellsecuritieslimited.com
Email: info@dunbellsecuritieslimited.com
- Ava Securities Limited
Website: avacapitalgroup.com
Email: info@avacapitalgroup.com
- Core Securities Limited
Website: coresecuritiesltd.com
Email: info@coresecuritiesltd.com
- Dominion Trust Limited Not available
Website: dominionng.com
Email: info@dominionng.com
- Dynamic Portfolio Limited
Website: dynamicportfolio.com
Email: customerservice@dynamicportfolio.com
- Crown Capital Limited May 8, 2002
Website: crowncapitalng.com
Email: info@crowncapitalng.com
- CSL Stockbrokers Limited
Website: cslstockbrokers.com
Email: cslservice@fcmb.com
- Apel Asset Limited
Website: apel.com.ng
Email: customercare@apel.com.ng
- Atlass Portfolio Limited
Website: atlassportfolios.com
Email: info@atlassportfolios.com
- ARM Securities Limited
Website: armsecurities.com.ng
Email: customerservice@armsecurities.com.ng
- Supra Commercial Trust Company Limited
Website: supragrand.com
Email: info@supracommercial.com
- The Bridge Securities Limited
Website: thebridgesecurities.com
Email: info@thebridgesecurities.com
- Tiddo Securities Limited
Website: tiddosecurities.com
Email: headoffice@tiddosecurities.com
- Tomil Trust Limited
Website: tomiltrustlimited.com
Email: info@tomitrustlimited.com
- Absa Securities Nigeria Limited
Website: absa.africa/absaafrica/country-operations
Email: abcapNigeria@absa.africa
- Edgefield Capital Management Limited
Website: edgefieldng.com
Email: olubode.olatunji@edgefieldng.com
- Century Securities Limited
Website: centurysecuritiesng.com
Email: info@centurysecuritiesng.com
- Calyx Securities Limited
Website: calyxsec.com
Email: info@calyxsec.com
- Belfry Investment & Securities Limited
Website: belfryinvestmentslimited.com
- Anchoria Investment & Securities Limited
Website: anchoriaonline.com
Email: info@anchoriaonline.com
- Afrinvest Securities Limited
Website: afrinvest.com
Email: info@afrinvest.com
- Bauchi Investment Corporation Securities Limited
Website: bauchisecurities.com
Email: info@bauchisecurities.com
- Camry Securities Limited
Website: camrysecurities.com
Email: info@camrysecurities.com
- Citi Investment Capital Limited
-
Bestworth Assets & Trust Limited
Website: bestworth-ltd.com
Email: info@bestworthltd.com
- Capital Assets Limited
Website: capitalassets.com.ng
Email: info@capitalassets.com.ng
- Forthright Securities & Investments Limited
Website: forthrightsec.com
Email: brokerageteam@forthrightsec.com
- Cordros Securities Limited
Website: cordros.com
Email: contactcentre@cordros.com
- Stanbic IBTC Stockbrokers Limited
Website: stanbicibtcstockbrokers.com
Email: stockbroking@stanbicibtc.com
- Fortress Capital Limited
Website: fortresscapitalng.com
Email: info@fortresscapitalng.com
Conclusion
The preceding list is intended to make it easier for Nigerians to purchase stock through a stockbroker. They can assist investors with establishing a CSCS account.
Most of the organizations listed above are online stockbrokers who value technology, which means you can quickly open an account on their website from the comfort of your own home.
Source: Nyscinfo