Lagos, Nigeria, January 2023 – FBNQuest Securities, a wholly-owned subsidiary of the FBNQuest Merchant Bank and a member of the FBN Holdings Group, has once again been ranked among the top 10 stockbroking firms by value traded in 2022. This is according to data released by the Nigeria Exchange Limited (NGX). FBNQuest Securities placed 9th in the ranking, accounting for N68.8 billion in value traded.
Commenting on this milestone, Fiona Ahmed Ahimie, Managing Director of FBNQuest Securities, said “we are thrilled to have retained our ranking for over 9 years to be among the top 10 stockbroking firms in Nigeria in a challenging year. It reflects our consistency in delivering superior service to our retail and institutional clients and we remain thankful to them for their business. Going into 2023, we intend to build on this achievement by providing superior research and technology-driven brokerage service that will help our clients navigate the uncertainties that lie ahead in the new year.”
According to the NGX, the top 10 firms were responsible for 66.2% of the total value traded on the bourse in 2022, up from 52.9% in 2021.
About FBNQuest Securities
FBNQuest Securities is a wholly owned subsidiary of the FBNQuest Merchant Bank and a member of the FBN Holdings Group.
Leveraging partnerships with global organisations and our strong network, we provide our clients with products and sector expertise. We also provide comprehensive trading strategies and value-added research on several sectors and companies, offer advisory services on capital market transactions to our clients.
With a strong client base, FBNQuest Securities also distributes public offerings on behalf of issuers domestically and internationally. Through our highly focused equities team, we work to understand the unique investment needs of our clients and offer bespoke solutions that help them achieve their financial goals.