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.

Read also: Dangote Cement shops for N50bn from series 17, 18 Commercial Paper issuance

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.

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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…

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By Iheanyi Nwachukwu • January 16, 2025

David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.

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