Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Dangote Cement Reclaims Position, Market Value Hits N6trn Dangote Cement Plc has returned to the top of the chart as the most valued brand among companies listed on the Nigerian Exchange (NGX) after a successful share buyback programme. It was sold at N360 per share last week, and its market valuation was N6.134 trillion spread on 17.04 billion shares outstanding. The cement company had fallen off the cliff when its share price spiralled downward. Dangote remains a leader among the cement oligarchy family in Nigeria. Its volume production increased by about 10% in the second quarter of the year despite…

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