Dangote Cement becomes first Nigerian company to hit N10tr in market capitalization

Dangote Cement Plc became the first Nigerian quoted company to cross the N10 trillion threshold in the country’s capital market.

The shares of Dangote Cement closed at N592.60, up by 9.99% from the N319.9 recorded during the previous trading session while the market capitalization peaked at N10.095 trillion.

With a year-to-date return of 85.2%, Dangote Cement has had an impressive performance on the stock market in 2024.

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