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Labrish
Nyuuz
CardinalStone runs the NGX table with N2trn trades
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[QUOTE="Shamiso, post: 83353, member: 160"] A Nigerian broker just smashed the two trillion naira mark in a single period. CardinalStone Securities recorded that transaction value on the local exchange, becoming the first firm to hit that milestone. Their activity represented over eighteen percent of the total value traded, securing the top rank. Chapel Hill Denham and Stanbic IBTC Stockbrokers were among the other leading firms. The top ten brokers together executed about seven point three trillion naira in trades. This collective activity accounted for roughly sixty-two percent of all exchange value. The achievement followed the firm's earlier crossing of the one trillion naira threshold within the same timeframe. Group Managing Director Micheal Nzewi called it a defining moment, validating their long-term strategy. He said it demonstrated client trust and the strength of domestic capital driving the market. Managing Director Peter Omoregie highlighted the firm's execution strength in a competitive environment. The firm has expanded its footprint among domestic institutional investors and high-value clients. It also maintains relationships with international investors across several continents. This growth is supported by active research coverage and complex transaction execution. Their market leadership has received international recognition from a major financial publication. The firm was named the best broker in Africa and the best equities house in Nigeria. This affirms the company's growing influence beyond its home market. [/QUOTE]
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Labrish
Nyuuz
CardinalStone runs the NGX table with N2trn trades
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