Dangote Cement to raise N50bn fresh capital

According to updates from stockbroking firms, the series which was up to N50bn was opened on Monday and is set to close on Tuesday.

In the CP Programme Memorandum, Dangote Cement on August 2021, established a N150bn commercial paper issuance programme. It was increased to N300bn on July 13, 2023.  The CP has been listed on the FMDQ Securities Exchange Limited.