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Approved List Of Nigerian Stock Brokers - Investment - Nairaland

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Analysis Of Results Of Companies On The Nigerian Stock Exchange / List Of Suspended Nigerian Stock Brokers / Stock Brokers In Nigeria? (1) (2) (3) (4)

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Approved List Of Nigerian Stock Brokers by Panadol(m): 6:19pm On Aug 21, 2007
Approved List of Nigerian Stock Brokers

1. Adonai Stockbrokers Limited
2. Afrinvest West Africa(formerly Sectrust)
3. Ail Securities Limited
4. Alliance Capital Management Company Limited
5. Amyn Investments Limited
6. Anchoria Investment and Securities Limited
7. APT Securities & Funds Limited
8. Belfry Investment and Securities Limited
9. Bestworth Assets & Trust Limited
10. BGL Securities Limited
11. Calyx Securities Limited
12. Camry Securities Limited
13. Capital Express Securities Limited
14. Capital Assets Limited
15. Capital Bancorp Limited
16. Capital Trust Brokers Limited
17. Cashcraft Asset Management Limited
18. Cashville Investment & Securities Limited
19. Century Securities Limited
20. City-Code Trust Limited
21. Clearview Investment Company Limited
22. Consolidated Investments Limited
23. Core Trust and Investment Limited
24. Crossworld Securities Limited
25. CSL Stockbrokers Limited
26. Davandy Finance & Securities Limited
27. De-Canon Investment Limited
28. Delords Securities Limited
29. Denham Management Limited
30. Dependable Securities Limited
31. Dominion Trust Limited
32. Dynamic Portfolio Limited
33. Empire Securities Limited
34. ESL Securities Limited
35. Eurocomm Securities Limited
36. F & C Securities Limited
37. FSDH Securities Limited(formerly Counters Trust)
38. Falcon Securities Limited
39. Fidelity Union Securities Limited
40. First Stockbrokers Limited
41. FIS Securities Limited
42. Fittco Securities Limited
43. Foresight Securities & Investment Limited
44. Forte Asset Management Limited
45. Forthright Securities & Investments Limited
46. Fountain Securities Limited
47. Future View Securities Limited
48. Greenwich Trust Limited
49. GTI Capital Limited
50. Heartbeat Investments Limited
51. Horizon Stockbrokers Limited
52. IBTC Asset Management Limited
53. ICMG Securities Limited
54. Icon Stockbrokers Limited
55. Independent Securities Limited
56. Intercontinental Securities Limited
57. International Standard Securities Limited
58. LB Securities Limited
59. Lead Capital Limited
60. Lighthouse Asset Management Limited
61. Magnartis Finance and Investment Limited
62. Maninvest Asset Management Limited
63. Marina Securities Limited
64. Maxifund Investments & Securities Limited
65. Mayfield Investments Limited
66. MBC Securities Limited
67. Mega Equities Limited
68. Meristem Securities Limited(formerly Great Africa
Securities)
69. Mission Securities Limited
70. Mountain Investments and Securities Ltd
71. Mutual Alliance Investments and Securities Limited

72. Newdevco Finance Services Co. Limited
73. Nigerian Stockbrokers Limited
74. Omas Investments & Trust Company Limited
75. Options Securities Limited
76. Partnership Investment Company Limited
77. Pilot Securities Limited (Pilot Finance)
78. PIPC Securities Limited
79. Pivot Trust and Investment Company Limited
80. Professional Stockbrokers Limited
81. Profund Securities Limited
82. Prominent Securities Limited
83. PSI Securities Limited
84. Reward Investments and Services Limited
85. Rostrum Investment & Securities Limited
86. SanTrust Securities Ltd
87. Securities Solutions Limited
88. Security Swaps Limited
89. Shalom Investment & Securities Transactions
Limited
90. Signet Investments & Securities Limited
91. Solid-Rock Securities & Investment Limited
92. Springboard Trust & Investment Limited
93. Stanwal Securities Limited
94. Strategy & Arbitrage Limited
95. Summa Guaranty & Trust Co. Plc
96. Summit Finance Company Limited
97. Tiddo Securities Limited
98. Topmost Finance and Investments Limited
99. TransAfrica Financial Services Limited(formerly
Trust & Financial Services Limited)
100. Trusthouse Investments Limited
101. Trust Yields Securities Limited
102. TRW Stockbrokers Limited
103. Union Capital Markets Limited
104. Valmon Securities Limited
105. Valueline Securities & Investments Limited
106. Vetiva Capital Management Limited
107. Wizetrade Capital & Asset Management Limited
108. Yobe Investment Company Limited
109. Zenith Securities Ltd
110. A.A.A. Stockbrokers Limited
111. Adamawa Securities Limited
112. Allbond Investments Limited
113. Altrade Securities Limited
114. Apex Securities Limited
115. Asset Plus Securities Limited
116. Beachgrove Securities & Investments Co. Limited
117. Beaver Securities Limited,
118. Bestlink Investment Limited
119. BFCL Assets & Securities Limited
120. BIC Securities Limited
121. BSD Securities Limited
122. Centre-Point Investments Limited
123. Colvia Securities Limited
124. Cooper Fleming Stockbrokers Limited
125. Crane Securities Limited
126. Dakal Services Limited
127. DBSL Securities Limited
128. Emi Capital Resources Limited
129. Enterprise Stockbrokers Plc
130. Epic Investment Trust Limited
131. Equator Finance & Securities Limited
132. Excel Securities Limited
133. Express Portfolio Services Limited
134. Fidelity Finance Company Limited
135. Financial Trust Company Nigeria Limited
136. Finmal Finance Company Limited
137. First Atlantic Securities Limited
138. First Equity Securities Limited
139. Floodgate Finance & Securities Limited
140. Folu Securities Limited
141. General Securities & Finance Company Limited
142. Genesis Securities And Investment Limited
143. Gidauniya Investment & Securities Limited
144. Global Asset Management (Nig.) Limited
145. Golden Securities Limited
146. Hamilton Hammer & Company Limited
147. Heritage Investment & Securities Limited
148. Hillcrest Securities Limited
149. IB Finance & Securities Limited
150. IBN Securities Limited
151. Integrated Trust and Investments Limited
152. Intermediate Capital Group Limited
153. International Capital Securities Limited
154. Interstate Securities Limited
155. Investors & Trust Company Limited
156. Jamkol Investments Limited
157. Kinley Securities Limited
158. Kundila Finance Services Limited
159. Laksworth Investments & Securities Limited
160. LION STOCKBROKERS LIMITED
161. LMB Stockbrokers Limited
162. Lombard Securities Limited
163. Lynac Securities Limited
164. M. L. Securities Limited
165. MACLAIZE Trust & Securities Co. Ltd
166. Mainland Trust Limited
167. Marriot Securities & Investment Co. Limited
168. Mercov Securities Limited
169. Midas Stockbrokers Limited
170. Midlands Investment & Trust Co. Limited
171. Molten Trust Limited
172. Monument Securities and Finance Limited
173. Networth Securities & Finance Limited
174. Niche Securities Limited
175. Nigerian International Securities Limited
Re: Approved List Of Nigerian Stock Brokers by boysteve1(m): 6:53pm On Aug 21, 2007
Thanks for your post i am very happy that the security company i use is among them
Re: Approved List Of Nigerian Stock Brokers by poske(m): 7:09pm On Aug 21, 2007
Hello this is a fantastic Job. Panadol has done please where did u get the info from

@Panadol you have used nos 1 to 175 is that according to their classification/performamce.
If Not am interested in working in a classification model for them.

In the mean time Guys if you have used any b4 let me know, and rank your broker 1- 5 that is 1 beign good, 3 beign fair and 5 beign bad.

Regards, Awaiting, If your broker is not here please enter theirs and rank them thanks.
Re: Approved List Of Nigerian Stock Brokers by Panadol(m): 8:04pm On Aug 21, 2007
Re: Approved List Of Nigerian Stock Brokers by Panadol(m): 8:09pm On Aug 21, 2007
List in Alphabetical Order from 1-109. I find VETIVA 2nd to best behind IBTC.
Re: Approved List Of Nigerian Stock Brokers by atilla(m): 10:37pm On Aug 21, 2007
Hi panadol. please what is the source of this data??
Re: Approved List Of Nigerian Stock Brokers by Panadol(m): 3:05am On Aug 22, 2007
Re: Approved List Of Nigerian Stock Brokers by Smit: 5:12pm On Sep 25, 2008
I'm happy to have seen Cashcraft Asset Mgt and Yobe Investment Company listed on the NSE stock brockers.
Please i need the latter's web address or possible on-line link because they are not customer-online friendly.
Re: Approved List Of Nigerian Stock Brokers by UNLEASHED(m): 10:03am On Sep 27, 2008
@poster
Thanks.
Re: Approved List Of Nigerian Stock Brokers by thefirm: 10:26am On Sep 28, 2008
So happy to see INTERSTATE SECURITIES on this list.
Re: Approved List Of Nigerian Stock Brokers by abujabooks(f): 11:14am On Oct 08, 2008
Good info
Re: Approved List Of Nigerian Stock Brokers by RYSB: 5:33am On Oct 28, 2008
@ smith
Yobe Investment Company Limited
Address: East Pavillion (Suite 5A), Tafawa Balewa Sq. Complex, Fed secretariat, Ikoyi, Lagos.
Phone: +234 1 2637288, 08042129013.
Website: http://www.yobeinvestment.com
for more info on stock brokers directory visit www.reportyourstockbroker.com
Re: Approved List Of Nigerian Stock Brokers by echelon(m): 10:36pm On Dec 12, 2008
WSTC Financial Services Limited
2 Maitama Sule Street ,
Falomo, South West Ikoyi ,
P.O Box 75519 ,
Victoria Island
Lagos .
Tel: 234 (1) 4618490 or 4619989
Fax: 234 (1) 4612193

Website: www.wstcfinancialservices.com
Re: Approved List Of Nigerian Stock Brokers by Stockz: 4:03pm On Dec 17, 2008
I think your list is incomplete without Cowry Asset Management o!!! check out [url=http://http:\\www.cowryasset.com]http:\\www.cowryasset.com[/url] and you would see why!
Re: Approved List Of Nigerian Stock Brokers by poske(m): 6:14pm On Dec 30, 2008
Thanks all well done, I want to know something as am working on a major project regarding brokers, that will be of great help to everyone.
My question is this
Why or what do brokers do with or demand for a minimum amount to open your account. Why cant they just buy 10 stocks of ABC + their commision @ say total of N50K. Why do they demand minimum of say from N250K to N10m for some of them. Does it cost them any more money to buy the stock from the market if their minimum is not met. I dont get it, or is a way to drain the investor of his pocket even before he makes a decsion on what to buy,

Any help will be great. Also update on any broker who does not charge a minimum amount if you do not yet have an account with them or even after you have an account with them, Thanks
Re: Approved List Of Nigerian Stock Brokers by upson(m): 5:39pm On Jan 05, 2009
Re: Approved List Of Nigerian Stock Brokers by jot01(m): 1:01pm On Jul 29, 2010
@ Everyone, Which of the company listed do you advise someone to Invest into.
Urgent respond is needed.


Thnks Guys
Re: Approved List Of Nigerian Stock Brokers by Samdurance(m): 4:15pm On Apr 15, 2012
Please any one knows Tiddo securities office address in Lagos or Abuja? Or even their number......... Thanks
Re: Approved List Of Nigerian Stock Brokers by willsman(m): 5:09pm On Aug 20, 2012
@Pnadol my brother, i wanted to know whether Aims Asset Management ltd is a member of the approved stock brokers because i invested half a million naira through them in 2008 and what the did that time was the investment certificates they gave to me to show that i invested in their company but i have not been hearing from them about the state of my investment apart from series of emails i have written to them without reply and wish you could direct me since you know the workability of the stocks investment.
Re: Approved List Of Nigerian Stock Brokers by willsman(m): 5:16pm On Aug 20, 2012
My problem here is Aims Asset Management ltd. How do i know whether they are registered to trade on stocks sold in the floor of the Nigerian Stock Exchange market?
I invested half a million naira through them in 2008 but was not given CSCS account number and Clearing House Number(CHN) but investment certificates they gave to me them and the worst part of it is that i have written series of emails to them without reply and i don't no whether my money is gone.
I wish this house could render help to me.
Re: Approved List Of Nigerian Stock Brokers by boyisfine: 8:15pm On Feb 05, 2013
Company Name Status


AAA Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Adamawa Securities Limited Inactive
Adonai Stockbrokers Limited Active
Mainstreet Securities Limited Inactive
African Alliance Stockbrokers Limited Unactivated
Afrinvest (West Africa) Ltd Active
Afro-Arab Investment Limited Unactivated
Aims Asset Management Limited Active
Alangrange Securities Ltd Active
Allbond Investment Limited Active
Alliance Capital Management Co. Ltd Inactive "Deregistered by SEC as at 24th Dec. 2012"
Al-Pina Investment & Trust Co. Limited Unactivated
Altrade Securities Limited Active
Amyn Investment Limited Active
Anchorage Securities & Finance Limited Active
Anchoria Investment & Securities Ltd Active
Apel Asset & Trust Limited Active
APT Securities & Funds Limited Active
Arian Capital Management Limited Active
ARM Securities Limited Active
Arthur Stevens Asset Mgt Ltd Active
Associated Asset Managers Limited Active
Atlass Portfolio Limited Active
Barakat Investment Limited Unactivated
Bauchi Investment Corporation Securities Limited Active
BBL Asset Management Limited Unactivated
Belfry Investment & Securities Limited Active
Bestlink Investment Limited Active
Bestworth Assets & Trust Limited Active
BFCL Asset & Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
BGL Securities Limited Active
BIC Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Bosson Capital Assets Limited Unactivated
Bytofel Trust & Securities Limited Active
Cadington Securities Limited Active
Calyx Securities Limited Active
Camry Securities Limited Active
Capital Assets Limited Active
Capital Bancorp Limited Active
Capital Express securities Limited Active
Capital Trust Brokers Limited Active
Cardinal Stone Securities Ltd (Formerly Plural Securities Limited) Active
Cashcraft Asset Management Limited Active
Cashville Investments & Securities Ltd Active
CDL Capital Markets Limited Unactivated
CEB Securities Limited Inactive
Centre Point Investment Limited Active
Century Securities Limited Active
Chapel Hill Denham Securities Limited Active
Chartwell Securities Limited Active
Citi Investment Capital Limited Active
City Code Trust & Invest Company Ltd Active
Clearview Investment & Securities Ltd Active
Colvia Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Compass Investments & Sec. Ltd Active
Consolidated Investments Limited Inactive
Cordros Capital Limited Active
Core Trust & Investment Limited Active
Covenant Securities & Asset Management Limited Active
CowrySecurities Ltd Active
Cradle Trust Finance & Securities Ltd Active
Crane Securities Limited Active
Crescent Capital Limited Active
Crossworld Securities Limited Active
Crown Capital Limited Active
CSL Stockbrokers Limited Active
Dakal Services Limited Inactive
Davandy Finance Limited Active
DBSL Securities Limited Active
Dealers Assets Management Limited Unactivated
Decanon Investment Limited Inactive
Deep Trust & Investment Limited Active
De-Lords Securities Limited Active
Dependable Securities Limited Inactive
Diamond Securities Limited Active
Dominion Trust Limited Active
DSU Brokerage Services Limited Active
Dunbell Securities Limited Active
Dynamic Portfolio Limited Active
ECL Asset Management Limited Active
EDC Securities Limited Active
Edgefield Capital Management Limited Unactivated
Emerging Capital Limited Active
Emi Capital Resources Limited Active
Empire Securities Limited Inactive
Enabell Capital & Investments Limited Unactivated
Enterprise Stockbrokers Limited Active
Epic Investment Trust Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Equator Stockbrokers Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Equity Capital Solutions Limited Active
ESS Investment & Trust Limited Active
Eurocomm Securities Limited Active
Excel Securities Limited Active
Express Discount Asset Mgt Ltd Inactive
Express Portfolio Services Limited Active
Falcon Securities Limited Active
FBC Trust & Securities Limited Active
FBN Securities Limited Active
FCSL Asset Management Company Limited Active
Fidelity Finance Company Limited Active
Fidelity Securities Limited Active
Financial Trust Company Limited Active
Finbank Securities & Assets Management Limited Active
Finmal Securities Limited Active
First & Foremost Investment Limited Inactive
First Alstate Securities Limited active
First Atlantic Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
First Equity Securities Limited Inactive
First Express Limited Unactivated
First Integrated Capital Mgt Ltd Active
First Stockbrokers Limited Active
FIS Securities Limited Active
Fittco Securities Limited Active
Folu Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Foresight Securities Limited Active
Forte Financial Active
Forthright Securities & Investments Limited Active
Fortress Capital Limited Active
Fountain Securities Limited Active
FSDH Securities Limited Active
Funds Matrix & Asset Management Limited Active
Futureview Securities Limited Active
Gem Assets Management Ltd Active
Genesis Sec & Invest Ltd Inactive "Deregistered by SEC as at 24th Dec. 2012"
Gidauniya Invest & Sec Ltd Active
GilJohn Capital Limited Unactivated
Global Asset Management (Nig) Ltd Active
Global View Consult & Investment Limited Active
GMT Securities & Asset Mgt Limited Active
Golden Securities Limited Active
Gombe Securities Limited Active
Gosord Securities Limited Active
Greenwich Securities Limited Active
Investment One Stockbrokers Int’l Limited Active
GTI Capital Limited Active
Harmony Investment & Securities Ltd Active
Heartbeat Investments Limited Active
Hedge Securities & Investment Ltd Active
Heritage Capital Markets Limited Active
Horizon Stockbrokers Limited Active
I.T.I.S Securities Limited Inactive
ICMG Securities Limited Active
Icon Stockbrokers Limited Active
Ideal Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Imperial Assets Managers Limited Active
IMTL Securities Ltd Active
Indemnity Finance Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Independent Securities Limited Active
Integrated & Allied Securities Limited Unactivated
Integrated Trust & Investments Limited Active
Intercontinental Sec Ltd Active
International Standard Securities Limited Active
Interstate Securities Limited active
Investment Centre Limited active
Investment Shark & Asset Management Limited Active
Investors & Trust Company Limited Active
Kakawa Asset Management Limited Active
Kapital Care Trust & Securities Limited Active
Kedari Securities Ltd Active
KFF Worldwide Solutions Limited Unactivated
Kingdom Securities Limited Unactivated
Kinley Securities Limited Active
Kofana Securities & Invest Ltd Active
Kundila Finance Services Limited Active
Lakesworth Investment & Sec Limited Active
Lambeth Trust & Investment Co. Ltd Active
LB Securities Limited Active
Lead Securities & Invests Ltd Active
Lighthouse Asset Management Limited Active
Lion Stockbrokers Limited Inactive
LMB Stockbrokers Limited Inactive
LongTerm Global Capital Limited Active
MACT Securities Limited Active
Magnartis Finance & Investment Limited Active
Mainland Trust Limited Active
Maninvest Securities Limited Inactive
Marimpex Finance & Invest Co. Limited Active
Marina Securities Stockbroking Services Limited Active
Marriot Securities Limited Active
Maven Asset Management Limited Active
Maxifund Investment & Securities Plc Active
Mayfield Investment Limited Active
MBC Securities Limited Active
MBL Financial Services Limited Active
Mc-Finerco Investment Limited Active
Mega Equities Limited Active
Mercov Securities Limited Active
Meristem Securities Ltd active
Merit Securities Limited unactivated
Metropolitan Trust Nigeria Limited Inactive
Midas Stockbrokers Limited Active
Midland Capital Markets Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Midlands Investment & Trust Limited Inactive "Deregistered by SEC as at 24th Dec. 2012" 
Midpoint Capital Limited Active
Mission Securities Limited Active
ML Securities Ltd Inactive
Molten Trust Limited Active
Monument Sec. & Finance Ltd Inactive
Morgan Capital Limited Active
Mountain Investment & Securities Ltd Active
Multitrust Securities Limited Unactivated
Mutual Alliance Invest & Securities Ltd active
Networth Securities & Finance Ltd Active
Newdevco Invests & Sec. Co. Ltd Active
Nigerian International Securities Ltd Active
Nigerian Stockbrokers Limited Active
Northbridge Invest & Stockbrokers Ltd Active
Nova Finance & Securities Limited Active
Ocean Securities & Stockbrokers Ltd(Kano) Unactivated
Omas Investment & Trust Co.Ltd Inactive
Options Securities Limited Active
PAC Securities Limited Active
Partnership Investment Company Ltd Active
Peace Capital Markets Limited Active
Peninsula Asset Mgt & Invest Co. Ltd Inactive
Perfecta Investment & Trust Limited Active
Phronesis Securities Limited Active
Pilot Securities Limited Active
Pinefields Investment Services Limited Active
PIPC Securities Limited Active
Pivot Trust & Investment Co. Limited Active
Platinum Capital Limited Inactive
PML Securities Company Ltd Inactive
Portfolio Advisers Limited Active
Primera Africa Securities Limited Active
Primewealth Capital Limited Active
Professional Stockbrokers Ltd Active
Profund Securities Limited Active
Prominent Securities Limited Active
Prudential Securities Limited Inactive
PSI Securities Limited Active
Pyramid Securities Limited Active
Quantum Securities Limited Active
Rainbow Securities Limited active
Readings Investment Limited active
Redasel Investment Limited Active
Regency Assets Management Ltd Active
Regency Finance Company Ltd Inactive
Rencap Securities (Nig) Limited Active
Resano Securities Limited Active
Resort Securities Limited Active
Reward Investment & Service Ltd Active
RIVTrust Securities Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Riverside Trust Limited Inactive "Deregistered by SEC as at 24th Dec. 2012"
Rostrum Investment & Sec. Ltd Active
Rowet Capital Mgt Limited Active
Royal Crest Finance Limited Active
Royal Guaranty & Trust Ltd Unactivated
Royal Trust Securities Limited active
Santrust Securities Limited Active
Securities Solutions Limited Inactive
Securities Trading & Invest Co. Ltd Inactive
Security Swaps Limited Active
Shalom Investment & Securities Limited Active
Shelong Investment Limited Active
Sigma Securities Limited Active
Signet Investment & Securities Ltd Active
Sikon Securities and Investment Trust Ltd Inactive "Deregistered by SEC as at 24th Dec. 2012"
Silver & Gold Securities Limited Unactivated
Skye Stockbrokers Limited active
Skyview Capital Limited active
Smadac Securities Limited active
Solid Rock Securities & Investment Limited active
Spring Trust & Securities Limited active
Spring Board Trust & Investment Limited active
Stanbic IBTC Stockbrokers Limited active
Standard Alliance Capital & Asset Limited active
Standard Chartered Securities Ltd unactivated
Standard Union Securities Ltd active
Stanwal Securities Limited active
Strategy And Arbitrage Limited active
Summa Guaranty & Trust Company Ltd active
Summit Finance Company Limited active
Supra Commercial Trust Co. Ltd inactive
Surport Services Limited active
TFS Securities & Investment Co. Ltd active
The Bridge Securities Limited active
Tiddo Securities Limited active
Tomil TrustLimited active
Topmost Sec Ltd active
Tower Asset Management Limited active
Tower Securities & Invest Co. Ltd active
Trade link Securities Limited active
Traders Trust & Investment Co. Limited active
Trans Lux Services Limited unactivated
Transafrica Securities Limited active
Transglobe Invest & Finance Co. Ltd inactive "Deregistered by SEC as at 24th Dec. 2012"
Transworld Investment & Securities Limited active
Tropics Securities Limited inactive "Deregistered by SEC as at 24th Dec. 2012"
Truebond Capital & Asset Mgt Ltd Unactivated
Trust Yield Securities Limited Active
Trusthouse Investment Limited Active
TRW Stockbrokers Limited Active
UBA Stockbrokers Limited Active
UIDC Securities Limited Active
UNEX Capital Limited Active
Union Capital Markets Limited Active
Valmon Securities Limited Active
Valueline Securities & Investments Limited Active
Vetiva Securities Limited Active
Vision Trust & Investment Limited Inactive
Waila Securities and Funds Limited Active
Wema Asset Management Limited Inactive
Wizetrade Capital & Assets Mgt Ltd Active
Woodland Capital Markets Plc Inactive
WSTC Financial Services Limited active
WT Securities Limited Inactive
Yobe Investment Company Ltd (Yobe) active
Yuderb Investment & Securities Ltd active
Zenith Securities Limited active
Zuma Securities Limited Inactive
5/2/2013
Re: Approved List Of Nigerian Stock Brokers by pappilo(m): 8:47pm On Feb 05, 2013
Do not use MACT securities. They are armed robbers in disguise. They have just illegally transfered shares worth over N50 million from an holding broker even though their request to do so was declined. Now they have sold some of the illegaly tranfered shares worth N23 million. Do not transact any business with them cos by the time I am done with them ehn.... Let me say no more.

Deal with MACT at your own risk.

1 Like

Re: Approved List Of Nigerian Stock Brokers by ihedioramma: 8:30am On Feb 06, 2013
THANK'S FOR THE ALART. IS, INVESTMANT CENTRE LTD GOOD?
Re: Approved List Of Nigerian Stock Brokers by feelamong(m): 10:11am On Feb 06, 2013
Now that the stock Market has picked up once again. I think this should be a good thread for people to talk about their experiences with their brokers. At least we can name and shame those not doing well.. and also celebrate and encourage those that are doing well!

Personally I have three stock brokers namely, Fidelity Securities, Investment One (formerly GT securities) and Cash Craft. At the moment All of them are doing me well!!

1 Like

Re: Approved List Of Nigerian Stock Brokers by seyigiggle: 12:08pm On Feb 06, 2013
willsman: My problem here is Aims Asset Management ltd. How do i know whether they are registered to trade on stocks sold in the floor of the Nigerian Stock Exchange market?
I invested half a million naira through them in 2008 but was not given CSCS account number and Clearing House Number(CHN) but investment certificates they gave to me them and the worst part of it is that i have written series of emails to them without reply and i don't no whether my money is gone.
I wish this house could render help to me.
i have a similar experience with aims asset management ltd, no feed back, no return and when you want to quit they tell you the stock they bought for you is not yet listed on the stock exchange market, while the purported investment they put your money is flourishing. check out tetrazini foods, is it being run at loss.
maybe one day i will take my family there for dinner (joke) bottom line is that they are not transparent or simply a thief.

can anyone help us here to recoup our money?
Re: Approved List Of Nigerian Stock Brokers by hrmgr: 2:22pm On Mar 04, 2013
ECL Asset Management Limited- Active- call 08098244399
Re: Approved List Of Nigerian Stock Brokers by DisGuy: 10:10pm On Mar 07, 2013
this list is outdated, many of them are under

and most of them have been given the red card last year!!
Re: Approved List Of Nigerian Stock Brokers by alexvatt: 8:23pm On Apr 17, 2013
Report ur stockbroker to SEC. When u want to buy/sell shares on the nigerian stock exchange the first thing is to open cscs account.
Re: Approved List Of Nigerian Stock Brokers by Elai147: 12:15pm On Apr 18, 2013
I prefer BGL Securities. Big stock broking firm are usually better, at least they cannot steal or sell your stocks without your consent unlike some smaller broking firm.
Re: Approved List Of Nigerian Stock Brokers by EniyeEdozie(f): 4:45pm On Apr 18, 2013
@Alexvatt, befor u can buy stock u must have a valid account with a stockbroking firm. @ Elai147, no stockbroking firm will put up a mandate to sale without ur notice, signature and a valid identity card.
Re: Approved List Of Nigerian Stock Brokers by johnnykuku: 10:47pm On Apr 18, 2013
Open a meritrade account with meristem securities and you wouldn't regret it.

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