Dangote Cement Shelves $1 Billion London Listing as Domestic Shares Surge

Dangote Cement has officially suspended its long-anticipated secondary listing on the London Stock Exchange, pointing to choppy global market conditions. The decision comes as the industrial titan's shares surged by 141% on the Nigerian Exchange, proving domestic capital depth is more than enough for now. The move signals growing confidence in local bourse liquidity over costly foreign debuts.