2026 EDITION
The CIS-Dragnet Benchmark Study
State of Stockbroking Operations and Investor Experience in Nigeria: A 2026 CIS-Dragnet Study
How Nigeria's stockbroking firms operate, and how their investors experience them, measured side by side. Each participating firm receives its own confidential benchmark.
Survey opens Monday 9 November 2026
- SURVEY OPENS
- SURVEY CLOSES
- RESULTS
- Results will be published after the survey closes.
Take part
Stockbroking firms
By invitation
Your coordinator sets up the firm's space and names three respondents: MD or CEO, Head of Compliance and Head of Operations. You receive a private benchmark report.
Survey opens Monday 9 November 2026Investors
Individuals and institutions
Rate the stockbroking firms you use. From 9 November 2026, use the link your stockbroking firm sends you. Ask for the published report at the end.
Survey opens Monday 9 November 2026Market institutions
SEC · NGX · CSCS · FMDQ · NASD · LCFE
One considered view from each institution for the Institutional Perspectives section, approved by the institution before release.
Link sent to your named contactConfidential by design
Aggregate only
Individual answers are confidential and reported only in aggregate.
Every figure shows its count
Results are reported with the number of responses behind them. Where only a very small number of institutions respond, their figures are withheld so no one can be identified.
Firms never see answers
Not their investors' answers, and not their colleagues'. Only that a survey is complete.
No league tables
No firm receives another named firm's results.
The reports
Results will be published after the survey closes.
Industry report
The national picture of operations and investor experience. Public.
Institutional Perspectives
The market institutions' view of the profession.
Firm report
Private to each participating firm, against the industry.
Questions
What is the CIS-Dragnet Benchmark Study?
State of Stockbroking Operations and Investor Experience in Nigeria: A 2026 CIS-Dragnet Study. It is a benchmark study by The Chartered Institute of Stockbrokers, delivered with Dragnet Solutions Limited. It measures how Nigeria's stockbroking firms operate and how their investors experience them, and reads the two side by side.
Who can take part?
Stockbroking firms invited by the CIS-Dragnet Benchmark Study; individual investors, Nigerian institutional investors and institutional investors abroad who use a Nigerian stockbroking firm; and six market institutions by invitation: SEC, NGX, CSCS, FMDQ, NASD and LCFE.
When does the survey open and close?
The survey opens on Monday 9 November 2026 and closes on Friday 11 December 2026.
When will the results be published?
Results will be published after the survey closes. The industry report is public, and each participating firm receives its own private benchmark report.
Are my answers confidential?
Yes. Individual answers are reported only in aggregate. Results are reported with the number of responses behind them. Where only a very small number of institutions respond, their figures are withheld so no one can be identified. Firms never see their investors' answers, a firm's coordinator never sees colleagues' answers, and no firm receives another named firm's results.
How does my firm take part?
Your firm's coordinator receives a personal invitation from the CIS-Dragnet Benchmark Study. The coordinator sets up the firm's space with a six-digit PIN and names three respondents: the Managing Director or CEO, the Head of Compliance and the Head of Operations. Each receives their own survey link.
I am an investor. How do I start?
From 9 November 2026, use the link your stockbroking firm sends you. Your answers save as you go, and if you give an email address you receive a link to come back and finish. At the end you can ask to receive the published report.
Who do I contact for help?
Email the study team at support@cisdragnetstudy.com.