CardinalStone’s recognition as Africa’s Best Broker at the 2025 Euromoney Capital Market Awards is a significant achievement, solidifying its prominent position within Nigeria’s capital market and highlighting its growing influence across the African continent. This prestigious award underscores CardinalStone’s commitment to client-focused brokerage solutions, innovative strategies, and its significant contribution to the development of Africa’s financial landscape. The firm’s consistent performance, marked by its leading position in Nigeria’s stock market for three consecutive years, demonstrates its unwavering dedication to providing exceptional services and generating value for its clients. This accolade is not just a testament to their past performance but also a powerful motivator for future growth and innovation within the African brokerage space.
The firm’s exceptional performance is reflected in its impressive trading figures, exceeding N800 billion in transaction value and over 27 billion shares traded on the Nigerian Exchange Limited between January and August 2025. These figures underscore CardinalStone’s dominant market share and its crucial role in facilitating capital market activities in Nigeria. The company’s success is attributed to its client-centric approach, consistently prioritizing the needs and goals of its clients. This commitment to client satisfaction, coupled with its innovative solutions and deep market insights, has earned CardinalStone the trust and loyalty of a diverse client base, contributing significantly to its remarkable growth and industry recognition.
Michael Nzewi, Group Managing Director of CardinalStone, emphasized the significance of the award as a reflection of the trust their clients place in them and the unwavering dedication of their team to delivering value with integrity. This client-centric philosophy is at the core of CardinalStone’s operations, driving their continuous pursuit of excellence and their commitment to empowering clients’ growth ambitions across the continent. Their vision extends beyond mere transactional services, aiming to become a true partner in their clients’ financial journeys, providing the necessary tools, insights, and support to navigate the complex African market landscape.
Peter Omoregie, Managing Director of CardinalStone Securities, highlighted the firm’s ambition to redefine brokerage in Africa through the strategic use of technology, the strengthening of key partnerships, and the provision of actionable market insights. This forward-looking strategy emphasizes the importance of innovation and collaboration in shaping the future of brokerage services on the continent. By leveraging technology, CardinalStone aims to enhance efficiency, transparency, and accessibility for both institutional and retail investors, providing a seamless and enhanced trading experience. Building strategic partnerships further expands their reach and capabilities, creating a strong network to support client needs across diverse markets.
CardinalStone’s brokerage franchise distinguishes itself through a combination of market leadership, a client-centric approach, in-depth research, and a growing pan-African impact. Their market leadership position is not merely a reflection of their trading volume but also their ability to anticipate market trends and provide innovative solutions that cater to evolving investor needs. The client-centric philosophy permeates every aspect of their operations, ensuring that client needs are prioritized and met with personalized solutions. Furthermore, their commitment to in-depth research provides clients with valuable market insights and data-driven advice, enabling informed investment decisions.
The Euromoney award further reinforces CardinalStone’s reputation as a trusted and innovative partner for investors navigating the evolving African financial ecosystem. This recognition signifies not just their current achievements but also their potential to play a pivotal role in shaping the future of finance on the continent. As the African financial landscape continues to evolve, CardinalStone is well-positioned to guide investors through the complexities and opportunities, fostering growth and development across the continent. Their commitment to excellence, innovation, and client satisfaction sets a high standard within the industry, inspiring further development and progress within the African capital market.
