Trading activity on the Nigerian Exchange Limited (NGX) for the week of September 28 to October 2, 2026 has closed with heavy concentration among top-tier firms.
In the equity transactions category, Stanbic IBTC Stockbrokers Limited dominated the chart by a wide margin, accounting for 23.97 percent of the total value with N74.18 billion.
Cardinalstone Securities Limited followed in second place with a 10.56 percent share, translating to N32.67 billion, while Cordros Securities Limited took third with 6.06 percent worth N18.76 billion.
Overall, the top 10 stockbrokers were collectively responsible for 61.20 percent of the total equity transaction value during the trading week.
A similar trend was mirrored across all asset classes combined, where Stanbic IBTC Stockbrokers Limited led the pack with N74.26 billion, representing 23.93 percent of the aggregate value.
Cardinalstone Securities Limited maintained its runner-up position with N32.79 billion or 10.57 percent. Across all asset classes, the top 10 brokers accounted for 61.19 percent of the total market value.
Meanwhile, the fixed income market presented a distinct landscape led by Equity Capital Solutions Limited.
The firm captured the highest share in fixed income transactions at 24.14 percent, equivalent to N36.43 billion. Kapital Care Trust & Sec Ltd secured second place with 20.15 percent valued at N30.41 billion, and Lighthouse Capital Limited took third with 15.90 percent totaling N23.99 billion. The top 10 brokers in this segment exerted an even heavier market concentration, driving an impressive 96.41 percent of the total fixed income value for the review period.