CardinalStone Securities has received continental recognition after being named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, a milestone that underscores both its dominance in Nigeria’s capital market and its expanding influence across the region.
The accolade comes on the back of an impressive run in Nigeria’s equities market, where CardinalStone has consistently set the pace for three straight years. Between January and August 2025 alone, the firm executed trades valued at over ₦800 billion and facilitated more than 27 billion share transactions on the Nigerian Exchange Limited (NGX), cementing its status as the country’s leading stockbroker by both volume and value.
Group Managing Director of CardinalStone, Michael Nzewi, described the award as more than just an industry prize, framing it instead as proof of the trust clients continue to place in the firm’s integrity and delivery.
“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,” Nzewi said. “As Africa’s Best Broker, we remain committed to deepening capital market access and enabling the growth ambitions of our clients across the continent.”
His colleague, Peter Omoregie, who leads CardinalStone Securities, linked the achievement to the firm’s long-term vision of redefining the brokerage business in Africa.
“Winning this award underscores our ambition to transform brokerage services on the continent,” Omoregie explained. “Our focus is on technology, stronger partnerships, and data-driven insights that equip institutional and retail investors alike with the tools to achieve their financial goals.”
Industry observers note that CardinalStone’s rise has been powered by a brokerage franchise that combines strong market leadership with client-centric innovation and in-depth research. Its operations have also extended beyond Nigerian borders, giving the firm a pan-African outlook at a time when more investors are seeking exposure to diverse markets across the continent.
With the Euromoney recognition, CardinalStone not only consolidates its leadership in Nigeria but also reinforces its standing as a trusted and innovative partner for investors navigating Africa’s rapidly evolving financial ecosystem.
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Cardinal Stone named Africa’s Best Broker at Euromoney Awards
ShareCardinalStone Securities has received continental recognition after being named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, a milestone that underscores both its dominance in Nigeria’s capital market and its expanding influence across the region. The accolade comes on the back of an impressive run in Nigeria’s equities market, where CardinalStone has consistently…
