Stanbic IBTC Stockbrokers, a subsidiary of Stanbic IBTC Holdings PLC, has been reappointed by the Debt Management Office (DMO) as the official Government Stockbroker to the Federal Government of Nigeria, reaffirming its leadership in the capital market.
The reappointment reflects the firm’s expertise, reliability, and commitment to excellence in supporting Nigeria’s domestic debt market. As the Government Stockbroker, Stanbic IBTC Stockbrokers plays a critical role in facilitating debt issuances, ensuring market liquidity, and supporting the government’s fundraising efforts for infrastructure and economic development.
Over the years, the firm has demonstrated strong performance across equity and fixed-income markets, providing transparency and stability while executing complex transactions with efficiency. It has also contributed to market development by promoting financial literacy and encouraging retail investor participation.
Expressing her appreciation for the reappointment, Bunmi Olarinoye, Chief Executive of Stanbic IBTC Stockbrokers, stated:
“We are honored by this recognition from the DMO. It reinforces the confidence placed in our competence, integrity, and dedication to Nigeria’s financial markets. We remain committed to delivering excellence and supporting the nation’s economic growth.”
With this renewed mandate, Stanbic IBTC Stockbrokers strengthens its position as a key player in Nigeria’s capital market, driving transparency, market efficiency, and sustainable economic development.