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Meristem Securities Limited is a Nigerian Capital Market Conglomerate regulated by the Securities and Exchange Commission (SEC), based in Lagos State, Nigeria. Formerly known as Great Africa Securities Limited and founded in 2003, the company had a change of name to Meristem in 2005. The company consists of six subsidiaries: Meristem Stockbrokers, Meristem Wealth, Meristem Registrars and Probate Services, Meristem Capital, Meristem Trustees, and Meristem Finance.[citation needed]
The company's name is the word 'meristem,' the tissue in most plants containing undifferentiated 'meristematic cells,' found in zones of the plant where growth can take place.
In 2017, Meristem Stockbrokers Limited was responsible for 13.3 percent of the value of stocks traded on the floor of the Nigerian Stock Exchange.[1]