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Nigerias top 10 stockbrokers made N19bn in six months

Published by Guardian on Wed, 10 Jul 2024


The leading 10` stockbroking firms in the Nigerian stock market made a whopping N19.209 billion in the first half of the year 2024. This is according to a report by news media, Nairametrics on Wednesday. It said the stockbroking companies raked in the staggering amount of money due to increased volume and value of trade in the NGX which in turn boosted brokerage revenue. This represents a significant increase from the same period in 2023 when the top 10 brokers earned N10.789 billion in commissions, Nairametrics wrote. It added that this was also facilitated by the exchange of 56.672 billionThe post Nigerias top 10 stockbrokers made N19bn in six months appeared first on Guardian Nigeria News.
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