By investadvocate

Feb 22 2011 18.23 GMT

Lagos (INVESTADVOCATE) – 19 Stockbroking firms have so far met the required shareholders fund by meeting up their inadequate Capital base to operate as Dealing Member firms on the Nigerian Stock Exchange (NSE).InvestAdvocate gathered Thursday February 22 2011 from the Nigeria’s Exchange.

This is coming on the heels of earlier suspension on Tuesday January 18 2011 of 57 Stockbroking Firms for inadequate shareholders Funds and the 50 announced on January 27 2011 on the same account.

Among the firms that have met the required Capital include, Afrinvest West Africa Limited, BGL Securities Limited, Cowry Asset Management Limited, Cashville Investment & Securities Limited, DBSL Securities Limited, De- Lords Securities Limted, First Inland Securities and Asset Management Limited, Hedge Securities & Investment Company Limited, Independent Securities Limited, Sigma Securities Limited, Valmon Securities Limited and Intercontinental Securities Limited.

Others are Nigeria Stockbrokers Limited, PIPC Securities Limited, Quantum Securities Limited, Securities Solutions Limited, Yobe Investment & Securities Limited, Capital Bancorp Limited and Vetiva Securities Limited.