Dangote Cement’s market capitalization hits N10tn on NGX

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A man drops a bag of Dangote cement while offloading a truck in Abuja, Nigeria. Dagonte is Africa’s largest maker of cement © Afolabi Sotunde/Reuters

Dangote Cement’s market capitalization has hit N10tn at the close of trading on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange.

It closed trading with a N10.098tn market cap.

This month, it displaced Airtel Africa as the most capitalised stock on the local bourse.

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