CardinalStone Securities was named Africa’s Leading Broker at the 2025 Euromoney Capital Markets Awards. Euromoney cited the firm’s NGX trading activity, institutional client base and role in primary finance-trade transactions.
The collection was additionally named Stockbroker of the Year at the 2026 Nairametrics Assets Promote Awards.
CardinalStone is providing investors together with electronic availability to the current Dangote Petroleum Refinery IPO by route of its CS Alpha investment platform, as the N2.15 trillion community propose moves towards its October 13, 2026 closing date.
The investment banking and securities crew is one of the joint issuing houses to the grant, giving investors the possibility to subscribe by method of the CS Alpha web platform or mobile application.
CardinalStone reported that recent investors do not require to be current customers in advance of participating by manner of the platform, widening connection to retail investors seeking to subscribe to the propose digitally.
The Dangote Petroleum Refinery and Petrochemicals FZE IPO comprises 4.1 billion usual shares offered at N525 per distribute. The firm moreover states that it was the earliest securities house to surpass N2 trillion in swap value on the Handle.
Its stockbroking output has moreover received multinational recognition. The increase was much stronger in swap value.
On a year-to-date reason, CardinalStone handled 36.42 billion units of shares valued at N2.02 trillion in the middle of January and September 2026, crossing the N2 trillion procure value grade for the nine-month period.
The figures indicate that CardinalStone handled a considerably elevated-value mix of transactions during September, underlining the scale of duty passing by manner of its stockbroking organization.
The current output furthermore builds on CardinalStone Securities’ wider record file on the NGX. The supply opened on September 14 and is scheduled to finish on October 13, 2026.
Investors can subscribe for a minimum of 10 shares, equivalent to N5,250, together with subsequent applications made in multiples of 10 shares.
How investors can enter by manner of CS Alpha
CS Alpha is CardinalStone’s proprietary electronic investment platform and provides investors alongside entry to securities trading, promote facts and investment opportunities.
For the Dangote Refinery IPO, investors can utilize the platform to launch and entire their subscription procedure virtual rather than relying solely on concrete application channels.
- The platform can be accessed through means of the CS Alpha web site and mobile application, using the Dangote IPO at provide established as one of its investment offerings.
- The web-based method is particularly appropriate as the provide targets a large investor base, including retail investors who can enter including the minimum N5,250 subscription.
Dangote Refinery is raising money through the IPO to assist the planned expansion of its Lagos refinery from an working baseline of on 700,000 barrels per day to 1.4 million barrels per day.
CardinalStone records N250 billion trading value in September
CardinalStone’s role in the audience propose comes alongside increased measure in its stockbroking enterprise on the Nigerian Substitute.
- An evaluation of NGX trading records for August and September 2026 shows that CardinalStone handled concerning 2.59 billion units of shares in September, compared using around 2.55 billion units in August.
- This represents an expand of around 36.18 million units, or 1.4% month-on-month. Euromoney reported that the firm executed N696.03 billion worth of trades in 2024 and led the Nigerian Exchange by both address value and volume that year.
A diversified investment category
CardinalStone is an divided multi-resource investment management firm serving institutional, high-net-worth and retail clients.
- Its operations span seven large business areas: Investment Banking, Property Instruction, Securities Trading, Trust Services, Registrar Services, Financing and Pensions.
- The collection says its focus is on developing prolonged-term relationships using clients and providing investment and financial solutions tailored to their needs.
- Headquartered in Lagos, alongside offices in Abuja and Port Harcourt, CardinalStone has developed a presence across multiple areas of Nigeria’s financial advertise, ranging from securities execution and investment orientation to investment raising and corporate instructional.
CardinalStone has monitor log of being ranked as the NGX’s figure one securities firm by address value for four stable years betwixt 2022 and 2025.
Source: CardinalStone offers digital access to Dangote IPO through CS Alpha


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