CardinalStone named Africa’s best Broker by Euromoney

CardinalStone has been named Africa’s Best Broker at the 2025 Euromoney Capital Market Awards, reinforcing its consistent delivery of innovative, client-focused, and high-impact brokerage solutions.

The leading securities firm was previously honoured with the Euromoney Best Equities House in Nigeria award last year, further underscoring its consistent excellence and strong track record in the market.

The Euromoney Capital Market Awards are internationally regarded as a benchmark for excellence in financial services, celebrating institutions that exhibit exceptional performance, innovation, and market leadership.

CardinalStone has maintained its status as Nigeria’s top stockbroker by both volume and value for three consecutive years. Between January and August 2025, the firm executed trades exceeding N800 billion and transacted over 27 billion shares on the Nigerian Exchange Limited (NGX), a clear testament to its market dominance.

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“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. “As Africa’s Best Broker, we remain committed to deepening capital market access and empowering our clients’ growth ambitions across the continent”, said Michael Nzewi, Group Managing Director, CardinalStone.

Peter Omoregie, Managing Director, CardinalStone Securities, added: “Winning this award underscores our vision to redefine brokerage in Africa. We are focused on leveraging technology, strengthening partnerships, and providing actionable market insights to ensure institutional and retail investors alike benefit from world-class service.”

This award cements CardinalStone’s reputation as a trusted and innovative partner for investors navigating Africa’s evolving financial ecosystem.

CardinalStone’s brokerage franchise continues to stand out through: Market Leadership – delivering superior execution for both institutional and retail clients, Client-Centric Approach – tailoring bespoke solutions to meet diverse investor needs, In-Depth Research – offering valuable insights into companies, sectors, and macroeconomic trends and Pan-African Impact – playing a pivotal role in shaping and advancing Africa’s capital markets.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.