Dangote Cement Becomes Biggest Company in Nigeria by Market Cap as Airtel Drops [Video]

Dangote Cement Plc is now the largest capitalised listed company, surpassing Airtel Africa Plc and eleven other trillionaire businesses
Due to investor interest, Dangote Cement’s market capitalisation increased to N8.16 trillion in November 2024
Since President Bola Tinubu’s new administration took office, Dangote Cement and other businesses have experienced growth

Legit.ng journalist Zainab Iwayemi has 5-year-experience covering the Economy, Technology, and Capital Market.

Dangote Cement Plc has surpassed Airtel Africa Plc and eleven other trillionaire companies to become the most capitalised listed stock on the Nigerian Exchange Limited (NGX).

The overall market capitalization of all companies listed on the Exchange is N59.107 trillion, of which Dangote Cement’s N8.16 trillion represents about 13.8%. Photo Credit: Dangote Group, AirtelSource: UGC

The company’s market capitalisation reached N8.16 trillion in November 2024 due to investor demand. It is currently ahead of Airtel Africa at N8.11 trillion, BUA Foods at N7.11 trillion, and MTN Nigeria Communication at N3.57 trillion.

Due to …

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