Dangote Cement hits N13trn market cap as stocks rally

Dangote Cement’s cash pile more than triples, hits N304bn

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

The market capitalisation of Dangote Cement Plc reached an all time high of N13trillion on Monday as the stock continued its rally on the Nigerian Exchange Limited (NGX). The largest cement maker achieved this feat after investors interest pushed the price to new high of N763, up by N68.90 or 9.9

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