firm, as announced by the Debt Management Office on February 18, 2020, followed an open competitive bidding process in which other Stockbrokers participated.
CSL Stockbrokers, rated as one of the top five stockbroking firms in Nigeria, provides institutional and corporate brokerage services to investors and select issuers. At the heart of the firm is a robust research platform which supports local and international investors who desire in-depth coverage of the Nigerian capital market and the economy.
The DMO added that, ‘’the appointment of CSL as the Government Stockbroker is a further demonstration of the commitment of the DMO to the development of the domestic market, in particular, promoting liquidity, as well as, growing and diversifying the investor base’’. According to him, ‘’CSL Stockbrokers consider this appointment as an opportunity to contribute to the growth and development of the domestic capital market in a way that is sustainable and profitable to investors’’.
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