Alhaji Aliko Dangote

Nigerian business magnate Aliko Dangote to reduce stake in Dancem by October

Dangote Industries Ltd, Alhaji Aliko Danagote's holding company, has up till October 26 to sell down or dilute its stake in cement manufacturer Dangote Cement PLC. The reduction in shareholding will enable the cement company to comply with flotation regulations in Nigeria's bourse.

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