Naira Metrics
The chairman of the Dangote Group and African Billionaire, Aliko Dangote, gained a massive N218 billion from his Dangote Cement Plc stake after the cement company completed a share buy-back program on the Nigerian Exchange Limited (NGX).
The richest man in Africa currently holds the majority stake in Dangote Cement Plc, to the tune of 27,642,637 direct holdings and 14,621,387,610 indirect holdings, out of the 17.04 billion total issued shares of the company.
Dangote’s stake is currently worth about N4.17 trillion, up from N3.96 trillion as of the end of market on Tuesday 26th of January 2022.
