Dangote Cement hits 53-week low as investors dump N1.8 billion shares

Dangote Cement is now trading at a share price of N349.20, after shedding 9.98 percent in less than two hours of trading. This marks the stock’s lowest share price since January 10, 2024.

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In 2025, Dangote Cement has been on a bearish run, losing about 19 percent of its share value since January 13. The stock began 2025 at a share price of N478.8, however, is now trading at N349.2 as at 11.30am as of January 16.

Market data shows that about 5.12 million Dangote Cement shares valued at about N1.8 billion were sold off since the market’s opening at 9.30am.

More details to follow…