Meristem Stock brokers Limited (MSBL) is a wholly owned subsidiary of Meristem Securities Limited (MSL). MSBL is a member of the Nigerian Stock Exchange (NSE), and is licensed by the Securities and Exchange Commission (SEC) in Nigeria. MSBL has remained a leading player in Nigeria's competitive investment market with a solid reputation as a highly professional and client-centric brokerage firm. We provide holistic stockbroking and research services to a wide array of clients across the African continent, Europe & USA.

MSBL has consistently ranked amongst the top 10 leading brokerage firms in the Nigerian Capital Market since 2008. We have successfully acted as the Stockbroker and Broker-Dealer to major primary and secondary markets transactions in the Nigeria Capital Market.

On September 8, 2014, MSBL set a new chapter in the history of the Nigerian Stock Exchange in its nearly 60-year history, by being responsible for the largest single trade on the Exchange since inception.


We are driven by results and an operating philosophy of adding value by creating innovative financial solutions for our clients, based on considerable internal experience and skills.

We consider and position ourselves not necessarily the biggest brokerage firm in Nigeria and Africa, but as a reference point in the industry in terms of true customer relationships. Thus, making us your “distinct and preferred financial services provider”.


Our vision at Meristem Stockbrokers Limited is

“To be a leading brokerage firm in the Nigerian Capital Market and indeed, a “Pan-African Brokerage Firm”.


Bonding with our clients to understand and meet their needs through knowledge, information, dedication and creativity of our people while satisfying all stakeholders and the environment in which we operate.

Our Tenets & Service Delivery Promise

We always execute trades in the best interests of our clients, in a price-sensitive and confidential manner, seeking to provide the most effective and efficient bespoke service to meet the individual needs of our diverse clientele

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Execution and Advisory Process

Our processes are structured to ensure timely, professional and best execution of clients' mandates while guaranteeing the integrity of all trades executed.    Read more

Excellent Communication & Feedback Mechanisms

  • 24/7 Remote but efficient orders placement through our e-portal, email and SMS
  • Instant trade order notification via e-mail alerts
  • Efficient trades funding and settlements process via our robust apps.
  • Prompt delivery of contract notes, Weekly Portfolio Valuation statement via email.
  • Access to our robust research information and other market intelligence
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value proposition

Our Team

We are endowed with an enthusiastic team of qualified and experienced stockbrokers as well as professional investment advisors; supported by our outstanding Research Unit that delivers timely, value-add market intelligence as well as general investment guidance. The Research Unit provides insightful and objective investment analysis focused at assisting our esteemed clients in making informed investment decisions.

board of directors

Our Board of Directors bring their seasoned experiences into the affairs of reputable service that we offer. Their insight is always precise and valued, perfecting a symbiosis of reliable leadership with actionable support.

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