Femi Otedola acquires US$6.73m-worth stake in Dangote Cement

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Nigeria: Investor Femi Otedola has reported making a ‘significant acquisition’ of shares in Dangote Cement. The Premium Times newspaper has reported the value of the newly acquired shares as US$6.73m.

Femi Otedola said “Dangote Cement's unique position with two export terminals offers a substantial opportunity to earn foreign exchange, crucial for Nigeria's economy. This, along with the company's pan-African presence, makes it an ideal investment choice."

Last modified on 24 January 2024

URL: https://globalcement.com/news/item/16856-femi-otedola-acquires-us-6-73m-worth-stake-in-dangote-cement

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