Question 1

What Is DANGCEM Stock Price Today?

Accepted Answer

Dangote Cement Plc (DANGCEM) is trading at ₦1,066.7 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Dangote Cement Plc Do?

Accepted Answer

Dangote Cement PLC, a subsidiary of the larger Dangote Group, traces its origins to 1981 when Aliko Dangote founded a trading business focused initially on importing bagged cement and other commodities into Nigeria. Over time, the company transitioned from a trading operation to a fully integrated manufacturing entity, a strategic decision formalized in the 1990s. Obajana Cement Plc, incorporated in 1992, became a foundational component, with its flagship Obajana Cement Plant commencing operations in 2007. The company officially adopted the name Dangote Cement Plc in July 2010 and subsequently listed on the Nigerian Stock Exchange in October 2010, following a merger with Benue Cement Company.

Question 3

When Was DANGCEM Listed on the NGX?

Accepted Answer

Dangote Cement Plc was listed on the Nigerian Exchange (NGX) on Oct 25, 2010.

Question 4

How Do I Buy DANGCEM Stock in Nigeria?

Accepted Answer

DANGCEM trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 5

What Sector Does DANGCEM Belong To?

Accepted Answer

Dangote Cement Plc is listed under the INDUSTRIAL GOODS sector, specifically in the Building Materials sub-sector.

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