Dangote Cement Suspends London Listing Plans Amid Global Market Volatility; NGX Closes Week Higher

Dangote Cement Plc has suspended plans for a secondary listing and share offering on the London Stock Exchange (LSE), citing unfavourable market conditions and the company’s strategic priorities. The decision was announced following a board meeting held on November 10, with the company and its selling shareholder, Dangote Industries Limited, deciding not to proceed with the proposed listing at this time.