A Brief History of NSL
Nigerian Stockbrokers Limited (“NSL”/”the Company”) was incorporated under the Companies Ordinance Cap 38 on 26th September, 1960. Prior to the implementation of the Nigerian Enterprise Promotion Act, 1972 (“indigenisation exercise”), NSL, which was established in 1961, was wholly owned and managed by Financial Holdings Nigeria Limited (“FHNL”).
NSL obtained its Dealing License on 2nd May, 1961 and thereby became the first registered Dealing Member of The Nigerian Stock Exchange (NSE).
NSL is licensed by the Securities & Exchange Commission (SEC), the Apex regulatory institution in the Nigerian Capital Market, as Broker/Dealer, Issuing House and Corporate Advisers.