Back to Homepage
Business

Cardinalstone named Africa’s Best Broker

Aglow News
September 12, 2025
Cardinalstone named Africa’s Best Broker

Cardinalstone named Africa’s Best Broker

Cardinalstone has been named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, cementing its position as a leading player in Nigeria’s capital market. In a statement on Wednesday, the award recognises the firm’s client-focused brokerage solutions. Cardinalstone has maintained its position as Nigeria’s top stockbroker by both volume and value for three consecutive years, executing trades exceeding N800 bn and transacting over 27 billion shares on the Nigerian Exchange Limited between January and August 2025. “This recognition is a reflection of the unwavering trust our clients place in us and the dedication of our team to consistently deliver value with integrity,” said Michael Nzewi, Group Managing Director, CardinalStone.

Article image

“As Africa’s Best Broker, we remain committed to deepening capital market access and empowering our clients’ growth ambitions across the continent.” The Managing Director of CardinalStone Securities, Peter Omoregie, added, “Winning this award underscores our vision to redefine brokerage in Africa. We are focused on leveraging technology, strengthening partnerships, and providing actionable market insights to ensure institutional and retail investors alike benefit from world-class service.”

The firm’s brokerage franchise stands out for its market leadership, client-centric approach, in-depth research, and pan-African impact. The award reinforces CardinalStone’s reputation as a trusted and innovative partner for investors navigating Africa’s evolving financial ecosystem.

Tags

Business

Related Posts

Dangote Appoints MTN CEO Ralph Mupita To Fertiliser Board

Dangote Appoints MTN CEO Ralph Mupita To Fertiliser Board

Dangote Industries has appointed MTN Group CEO Ralph Mupita to the board of Dangote Fertiliser Limited, a move widely viewed as strategic ahead of the company’s planned listing on the Nigerian Exchange. The appointment comes as Dangote Fertiliser ramps up expansion, producing about 3 million metric tonnes of urea annually and targeting global leadership by 2028. Mupita brings strong capital markets and corporate governance experience, having led the landmark listing of MTN Nigeria in 2019. His inclusion aligns with Dangote Group’s broader plans to raise fresh capital, expand across Africa, and meet rising demand for agricultural inputs on the continent.

Heavy Security Presence At Onitsha Market As Traders Voice Frustration Over Closure

Heavy Security Presence At Onitsha Market As Traders Voice Frustration Over Closure

Heavy security presence was observed at the Onitsha Main Market on Tuesday as traders expressed mixed reactions to the state government–ordered closure. While some traders criticised the shutdown, citing economic hardship and losses after the yuletide period, others backed Governor Chukwuma Soludo’s decision, stressing the need to obey lawful authority. Security agencies said the deployment was to maintain law and order, as the Anambra State Government insists that Mondays remain official working days.

National Grid Collapses Again, Recovery Ongoing

National Grid Collapses Again, Recovery Ongoing

Nigeria’s national electricity grid collapsed again on Tuesday, marking the second system failure recorded in 2026. As of the time of filing this report, power generation had dropped from over 4,500 megawatts to zero, leaving all 11 electricity distribution companies without supply. While the cause of the collapse was yet to be determined, recovery efforts were reported to be ongoing.

Share this article