Some 416-million shares in Dangote Cement have been traded at 210 naira each in off-market deals valued at 86.1-billion naira ($236-million), traders said on Tuesday.
Dangote Cement, which makes up one-third of the Nigerian bourse’s total market capitalisation, shed 0.68 percent to 222.22 naira, valuing it at 3.79 trillion naira ($10.4-billion).
Nigeria’s biggest listed company is majority owned by billionaire tycoon Aliko Dangote.
Brokers Stanbic IBTC and Meristem acted for the parties.
Dangote Cement was not immediately available for comment.
