Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX - Business

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Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX (8577 Views)

Dangote Cement Hits N10 Trillion Capitalisation As Otedola Buys Shares / UBA Crosses N1tn Market Capitalisation On NGX / NSE: Market Capitalisation Up N88bn (2) (3) (4)

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Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Paraman: 4:32pm On Jan 22

The market capitalisation of Dangote Cement hit N10tn at the close of trading on Monday, emerging as the first company to achieve that milestone on the Nigerian Exchange.

It closed trading with a N10.098tn market cap.

This month, it displaced Airtel Africa as the most capitalised stock on the local bourse.

https://punchng.com/breaking-dangote-cement-emerges-first-stock-to-hit-n10tn-capitalisation-on-ngx/?amp

12 Likes 4 Shares

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Nokio2: 5:16pm On Jan 22

If that refinery fumble people money...

3 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Wealthoptulent(m): 5:52pm On Jan 22

Paraman:

https://punchng.com/breaking-dangote-cement-emerges-first-stock-to-hit-n10tn-capitalisation-on-ngx/?amp

OUR MONOPOLY PROBLEM... one dey one day, he go be HISTORY.

Paraman:
Monopoly in what way?

this company has taking charge of 80% of Nigerians' daily commodities needs, but has not cushioned EASE EFFECTS in any sector they hold to but rather extort people.

aribisala0:
Illiterate
They talked about market capitalisation which means it is publicly traded
If you have 1 trillion Naira you can buy ten percent of the company

pele oo laggard, who is talking abt the share? i am talking abt the BRAND NAME itself. don't be quick to talk or quote people... REMEMBER '' A FOOLISH MAN remain WISE until you SPEAK or TYPE''

NinjaMetahuman:
I wonder if he stopped you from establishing your own company.

i wonder when you will be out of WONDERLAND, that you cant establish or compete with such MAN with POLITICAL BACK Up, ask wetin ZARTECH FARMS eyes see from OBASANJO FARMS & government.
only one person given LICENSE to BUILD NEW REFINERY! BUA had to lobby to have LICENSE but given under some conditions.. no be beans cake. its part of why emiefele dey behind bars, dey held stock exchange to favor this man to complete international deals on that refinery at the stake of the WHOLE NATION in layman language , them use NIGERIA money do BUSINESS for private man USE. ask a banker friend to enlighten you about the FORM A & aboki FX that was suspended back then.

Bluntemperor:

This one just de yan- dabbling in what he does not have a deep understanding!
Next Please!

pele O Fourth memeber of 3 wise MEN
amoye , share from your wisdom, ekerin awon amoye meta

AareGaa:

Why are you people always sad when someone outside your tribe is flourishing?
You prayed for the deaths of Buhari and Jagaban, but today they are looking stronger than most of your youths

Dey play, I look like one from TRIBE of Judah to you, abi mo jo awon Dients ?

aribisala0:

First I do not get the logic of calling a publicly listed company MONOPOLY

The company sells cemented does LAFARGE and BUA
so by definition the question of monopoly does not arise
You need to open a dictionary

u need to open ur INSIGHT , does the MONOPOLY mentioned used LITERALLY? NO.

aribisala0:

First I do not get the logic of calling a publicly listed company MONOPOLY

The company sells cement as does LAFARGE and BUA
so by definition the question of monopoly does not arise
You need to open a dictionary

I am talking from the Political Game side, as the frustrating other companies fron the Sector. So I won't respond anymore, make una dey cover truth and keep lying to una sevs

17 Likes 1 Share

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by FFIA: 5:53pm On Jan 22

Only 11.3 Billion Dollars undecided

6 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Lanre4uonly(m): 5:53pm On Jan 22

Ok. That's good.

2 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by IPDGP: 5:53pm On Jan 22

Am not concerned, just make fuel price reduce or reduce Nigerians suffering

13 Likes 1 Share

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by IMASTEX: 5:54pm On Jan 22

How much is money

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by DMerciful(m): 5:54pm On Jan 22

Do not be deceived by these trillions. The latent value is 1/3 Bubu's era and 1/6 GEJ era.

Valueless!

18 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Emir01: 5:55pm On Jan 22

It's still good to buy, it will reach 1k+ this year. Nothing will stop that.

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by SlavaUkraini: 5:55pm On Jan 22

Aliko Dangote

Africa's Finest

More Money to you...

Thank you for doing what successive governments have failed to do...

A functional refinery......

You are our national pride knowing that the richest black man in the world is from Naija

5 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by RECTEM: 5:55pm On Jan 22

That's Just 11.3 Billion Dollars. Even small companies like Canva, Zoom etc are bigger. Dogecoin is even bigger. And this is highest company in Nigeria

9 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Paraman: 5:55pm On Jan 22

Wealthoptulent:

OUR MONOPOLY PROBLEM... one dey one day, he go be HISTORY.

Monopoly in what way?

3 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by CameroonPepper: 5:55pm On Jan 22

And I dey underrate bricklayers. cry

3 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by AOB1: 5:55pm On Jan 22

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by chris4gold(m): 5:55pm On Jan 22

An African richest from the poorest African country.

I comment my reserved shocked

9 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Biola67: 5:56pm On Jan 22

IMASTEX:
How much is money

10 trillion pounds

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by MMempire(m): 5:56pm On Jan 22

Congrat to dangote.

2 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by ryd3(m): 5:56pm On Jan 22

NGX growing with a finance minister that's fully invested in the market. He owns chapel Hill

3 Likes 1 Share

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by MasterTeeUSA: 5:56pm On Jan 22

Makes sense...with 2024 Budget and the appropriation for Capital Expenses being a record percentage, investors are banking on cement prices remaining in high demand and probably forecasting price of cement increases. Rich gets richer...plan your life. Money dey out there...N10 trillion not Billions...soon 1 company's capitalization will exceed our annual budget.

Paraman:

https://punchng.com/breaking-dangote-cement-emerges-first-stock-to-hit-n10tn-capitalisation-on-ngx/?amp

4 Likes 1 Share

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by MMempire(m): 5:56pm On Jan 22

Biola67:

10 trillion pounds

Naira, not pound.

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by ClearFlair: 5:57pm On Jan 22

Ebi n pawa o

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by mytime24(f): 5:58pm On Jan 22

All thanks to tax waivers

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by aribisala0(m): 5:59pm On Jan 22

Wealthoptulent:

OUR MONOPOLY PROBLEM... one dey one day, he go be HISTORY.

Illiterate
They talked about market capitalisation which means it is publicly traded
If you have 1 trillion Naira you can buy ten percent of the company

4 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by thedio(m): 5:59pm On Jan 22

Local champion. He has been procrastinating his listing in London stock exchange since 2019. Let him go and compete with the best on a level playing field

3 Likes 1 Share

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by adesegun121(m): 6:00pm On Jan 22

Nice one

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by NinjaMetahuman: 6:01pm On Jan 22

Wealthoptulent:

OUR MONOPOLY PROBLEM... one dey one day, he go be HISTORY.

this company has taking charge of 80% of Nigerians' daily commodities needs, but has not cushioned EASE EFFECTS in any sector they hold to but rather extort people.

I wonder if he stopped you from establishing your own company.

3 Likes

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Antoeni(m): 6:04pm On Jan 22

Dangote Should Be Careful With His Dealings With Asiwaju of Insecurity,
Anything He Touches, Dies

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Tzar(m): 6:05pm On Jan 22

With his overpriced products?!

1 Like

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Paraman: 6:06pm On Jan 22

mytime24:
All thanks to tax waivers

It has nothing to do with this. if you have #5,000,000,000,000... You can own 50% of the company

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by Shimran(m): 6:07pm On Jan 22

DMerciful:
Do not be deceived by these trillions. The latent value is 1/3 Bubu's era and 1/6 GEJ era.

Valueless!

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by INTEGRITYA1(m): 6:08pm On Jan 22

Beautiful

Re: Dangote Cement Emerges First Stock To Hit ₦‎10 Trillion Capitalisation On NGX by EggonBoy(m): 6:09pm On Jan 22

Emir01:
It's still good to buy, it will reach 1k+ this year. Nothing will stop that.

How can I buy shares from the stock market please ? 🤔

1 Like 1 Share

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