Lagos, Nigeria – January 6, 2025 – CardinalStone Securities Limited has once again solidified its position as a leader in Nigeria’s capital markets by emerging as the #1 Stockbroker by Volume and Value on the Nigerian Exchange (NGX) for 2024. This remarkable achievement marks the third consecutive year the firm has topped the league tables, underscoring its unwavering commitment to excellence, innovation, and client-centric solutions.
The recently released NGX Broker Performance Report for 2024 highlights CardinalStone Securities’ outstanding performance:
- Trading Volume: 23.67 billion units traded, representing an impressive 8.51% of total market volume.
- Transaction Value: ₦696.03 billion in transactions, accounting for a market-leading 12.19% of total market value.
This stellar performance not only showcases the firm’s dominance in the industry but also reflects its ability to adapt to evolving market dynamics while delivering exceptional results for its diverse clientele, including institutional investors, corporates, and individual investors.
Over the years, CardinalStone Securities has established itself as a trusted partner in navigating Nigeria’s capital markets. Its consistent delivery of top-tier trading solutions and its ability to execute complex transactions with precision have earned the firm the confidence of its clients and industry stakeholders alike.
Speaking on the achievement, the Group Managing Director of CardinalStone, Michael Nzewi, remarked: “This milestone is not just a celebration of our consistency but a reflection of the vision and values that drive the CardinalStone Group. As a firm, we remain steadfast in our commitment to innovation, integrity, and delivering unparalleled value to our clients and stakeholders.”
The Managing Director of CardinalStone Securities, Peter Omoregie, also commented:
“Topping the NGX league tables for three consecutive years is a result of our relentless focus on excellence and collaboration. This success is powered by the dedication of our talented team and the trust of our esteemed clients. We are proud to play a leading role in shaping Nigeria’s capital markets and will continue to set new benchmarks for performance and service delivery.”
This recognition is the latest in a series of accomplishments that highlight CardinalStone’s leadership in the financial services industry. The firm’s ability to consistently lead the market is rooted in its strategic focus on delivering exceptional client experiences and maintaining the highest standards of professionalism and integrity.
As CardinalStone Securities enters its next phase of growth, the firm remains committed to fostering market efficiency, supporting economic development, and empowering clients to achieve their financial goals. By continuing to set the benchmark for excellence in the Nigerian capital markets, CardinalStone Securities is well-positioned to maintain its leadership in the years to come.
