Trading activities on the Nigerian Exchange (NGX) between February 2 and February 6, 2026, were dominated by a small group of brokers, with the top 10 firms accounting for the bulk of transaction values across equities, bonds, and exchange-traded funds (ETFs).
The data, sourced from NGX trade reports for the period under review, shows that market liquidity was largely channelled through established intermediaries.
This concentration reflects strong institutional participation and the growing preference for large, well-capitalised brokers in executing high-value trades across asset classes.
