First Securities Brokers Leads NGX in July with ₦414.46bn Trades, Secures Top Spot in Volume & Value
First Securities Brokers Limited, a subsidiary of First Holdco Plc, has emerged as the top-performing brokerage firm on the Nigerian Exchange (NGX) for July 2025. The firm ranked first in both trading volume and transaction value, according to the NGX’s latest Broker Performance Report. Industry analysts say this reflects the company’s strong strategic positioning and operational efficiency in Nigeria’s equities market.
During the review period, First Securities recorded a remarkable ₦414.46 billion in trading value, representing 22.8% of the total market transactions for July. This dominant performance solidifies its influence in the Nigerian stockbroking industry and highlights the company’s ability to execute large-scale trades while maintaining client trust and satisfaction.
Managing Director, Fiona Ahimie, described the recognition as a milestone achievement for the firm. She attributed the success to the dedication of the company’s workforce and the continued trust of its clients, adding that the feat underscores the growing influence of First Securities in Nigeria’s financial markets.
Ahimie also credited First Holdco Plc’s integrated business model for the firm’s strong showing. She explained that synergies across the group’s subsidiaries and a focus on collaboration were instrumental in securing the top position. She emphasized the company’s commitment to offering innovative and seamless trading solutions, positioning First Securities as more than just a brokerage firm, but as a strategic partner in clients’ financial journeys.
Looking ahead, First Securities plans to continue investing in value-driven services to maintain its market leadership and contribute to the growth of Nigeria’s capital markets. The firm’s diverse clientele includes pension fund administrators, financial institutions, portfolio managers (both local and international), high-net-worth individuals, and retail investors, reflecting its broad market reach and trusted reputation.
Source: The Sun