Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

The Nigerian Stock Exchange Recorded The Largest Single Trade Since 1997

Date 09/09/2014

​A total of 243,540,000 units of DANGOTE CEMENT PLC [DANGCEM] at N200 per share, valued at N48.708 billion were traded today Monday, September 8, 2014 as an Off-Market trade.  This remarkable trade between the seller, Dangote Industries Limited and the buyer, Investment Corporation of Dubai was executed by Meristem Securities Limited. The transaction is now the largest single trade on The Nigerian Stock Exchange since 1997.