Nigerian Exchange Group & Dangote Cement

Nigerian Exchange Group: The Nigerian Exchange is the primary listing venue for Dangote Cement, which remains listed there. The secondary listing in London does not affect its NGX listing but may increase overall visibility.

Dangote Cement: Dangote Cement is the primary subject of the event, choosing London over Dubai for a secondary listing to raise capital and expand its investor base. The company's shares have risen 70% in 2026, reflecting strong investor confidence.

Nigerian Exchange Group: The Nigerian Exchange Group is the platform where Dangote Cement Plc stock is traded, and the company's dividend increase reinforces its status as a premier blue-chip stock on this exchange.

Dangote Cement: Dangote Cement Plc increased its dividend payout to shareholders by 50% to N45 per share for the 2025 financial year, totaling N753.8 billion, reinforcing its position as a strong investment on the Nigerian Exchange. The company has distributed over N3.3 trillion in dividends over the last 15 years and plans to expand its installed capacity to 80 million tonnes per annum by 2030.

Nigerian Exchange Group: Central actor; reported market value surge to N160 trillion, projected N230 trillion, and posted record H1 profit, declaring interim dividend.

Dangote Cement: Benefited from improved FX availability and currency stability, supporting production and earnings.

Nigerian Exchange Group: The Nigerian Exchange will host the primary listing, which could raise its profile and market capitalization. The IPO could account for over 4% of the JSE All-Share Index.

Dangote Cement: Dangote Cement is part of the Dangote Group and its free float is cited as an example for the refinery's potential listing structure.

Nigerian Exchange Group: The results were released on the Nigerian Exchange Limited (NGX), where Dangote Cement is listed.

Dangote Cement: Dangote Cement reported strong H1 2026 results with revenue up 21.4%, profit up 22.7%, and exports surging 62.3%. The company's net cash position strengthened to N215.2 billion, and its new Itori plant is on track for completion by end of 2026.

Dangote Cement: Dangote Cement Plc issued Series 1 and Series 2 Commercial Papers totaling N119.87 billion, becoming the first company to list CPs on Nigerian Exchange Group. This provides a new funding channel for the company.

Dangote Cement: Dangote Cement is planning a dual listing on the Aquis Stock Exchange to access deeper global capital pools and expand its investor base. This move is expected to improve its valuation and strengthen its international profile.