Innova Securities Limited represents the latest chapter in the evolution of a long-standing broker-dealer within Nigeria’s capital markets — one shaped by changing ownership, market cycles, and regulatory development over time.

The firm’s origins trace back to Union Stockbrokers Ltd, which operated within the Union Bank ecosystem during an earlier phase of Nigeria’s financial market development. As the industry evolved, the business transitioned through several identities, including Union Capital Markets Limited, UCML Capital Ltd, and later UCML Securities Limited, reflecting changes in ownership, strategic direction, and regulatory positioning at different points in its history.

Each transition marked a response to the needs and realities of its time — whether regulatory restructuring, market expansion, or shifts in investor participation. While ownership and branding evolved, the entity continued to operate within the Nigerian capital market framework, subject to regulatory oversight and industry standards.

Following a strategic acquisition and rebrand, the firm now operates as Innova Securities Limited. Today, Innova Securities is fully licensed and regulated by the Securities and Exchange Commission (SEC) of Nigeria, operating with a renewed focus on technology, transparency, and investor-first principles.

The Innova identity reflects a forward-looking approach designed for the next phase of investing across Africa. Through physical offices across Nigeria and digital access via Trove, Nigeria’s leading micro-investing platform, Innova Securities supports both new and experienced investors with secure access to capital markets.

This journey — spanning multiple identities and ownership structures — underscores resilience and adaptability within a changing financial landscape. As Innova Securities looks ahead, it does so with the benefit of institutional experience, regulatory continuity, and a clear focus on what comes next.