CardinalStone Securities has capped a remarkable year of performance and industry recognition by securing two top honours at the Made of Africa Awards recently hosted by the Nigerian Exchange (NGX): Broker of the Year and Equity Trader of the Year.
These accolades affirm CardinalStone Securities’ commitment to excellence, strong execution capabilities, and growing influence in Nigeria’s capital markets.
The firm also marked a significant milestone in 2025 by recording over ₦2 trillion in transaction value on the Nigerian Exchange, becoming the first stockbroking firm in the country to surpass this threshold. CardinalStone progressively crossed the ₦1 trillion mark earlier in the year before reaching the ₦2 trillion milestone, consolidating its position as the largest broker on the NGX by transaction value.
In achieving these milestones, the firm accounted for approximately 18.3 % of total value traded on the NGX in 2025, a strong reflection of its market leadership and client trust.
Speaking on the achievement, Peter Omoregie, Managing Director of CardinalStone Securities said, “These honours are a testament to the dedication of our team and the trust our clients continue to place in us. We remain focused on setting standards that strengthen market confidence and drive sustainable growth.”
Elile Olutimayin, Executive Director, CardinalStone Securities, added, “Winning Broker of the Year and Equity Trader of the Year, while also surpassing ₦2 trillion in transaction value on the NGX, reflects the strength of our execution platform and the unwavering dedication of our team. These milestones underscore the trust our clients place in us and reinforce our commitment to deepening liquidity and delivering consistent value within Nigeria’s capital markets.”
The double award and transaction milestone further reinforce CardinalStone’s strategic vision to deepen market participation, enhance liquidity, and deliver superior value to both local and international investors.
About CardinalStone
CardinalStone is a leading financial services institution operating in Nigeria, offering a comprehensive range of services across Investment Banking, Asset Management, Securities Trading, Trust Services, Financing, Registrar Services, and Pensions. Committed to excellence, innovation, and client satisfaction, CardinalStone is dedicated to empowering individuals and businesses to achieve their financial goals.
CardinalStone has a strong track record in Nigeria’s capital markets and was the first brokerage firm to cross ₦2 trillion in transaction value on the Nigerian Exchange. In recognition of its market leadership and execution capabilities, CardinalStone was also named Africa’s Best Broker by Euromoney in 2025..
