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United Capital Securities is Nigeria’s #1 Stock Broker - NGX

United Capital Securities

United Capital Securities Limited (UCSL) has emerged as the #1 stockbroker for the month of May 2025, according to the latest report from the Nigerian Exchange Group (NGX). UCSL, a subsidiary of United Capital Group, led the list with a transaction value of N109.14 billion, accounting for 15.56% of all stockbroker transactions during the month. This represents nearly a quarter (24.97%) of the total value transacted by the top 10 brokers. 

 

In addition to topping the value list, the securities trading company also led in volume, facilitating the trading of 3.2 billion shares throughout May. The impressive performance comes amidst a period of strong growth in the Nigerian equities market. The market capitalization of the Nigerian stock exchange surpassed N70 trillion for the first time, marking a historic milestone in the country’s financial markets, with stockbrokers like United Capital playing a key role in this achievement. 

 

Bawo Oritsejafor, Managing Director/CEO of United Capital Securities, expressed his pride in the company’s continued success, stating, “We are delighted to once again be recognized as the leading stockbroker in Nigeria. This achievement is a testament to the dedication of our team and the trust our clients place in us. We remain committed to maintaining our top position and contributing to the growth of the Nigerian capital markets.” 

 

In another report by the Nigerian Exchange Group (NGX) highlighting top-performing stockbrokers year-to-date, United Capital Securities was also ranked among the leading stockbrokers, further cementing its position as a market leader.