NGX Chairman welcomes Dangote Cement’s new board, commends Aliko Dangote’s legacy
The Nigerian Exchange (NGX) played host to one of its most illustrious listed companies, Dangote Cement Plc, at a Facts Behind the Figures presentation held at the Exchange’s headquarters in Marina, Lagos. The event, which marked the formal introduction of Dangote Cement’s newly reconstituted board of directors, was attended by top industry players, capital market stakeholders, and the media.
In his welcome address, Chairman of the NGX Group, Alhaji (Dr) Umaru Kwairanga, lauded Dangote Cement for its exemplary track record and strategic role in the Nigerian capital market.
“Dangote Cement is one of the pride of our market,” Kwairanga stated. “Listed on the Premium Board, it reflects the highest standards of corporate governance and regulatory compliance. It is also one of the most capitalised companies on our Exchange and has consistently delivered value to shareholders through regular dividends and capital appreciation.”
The highlight of the event was the unveiling of the company’s new board, which the NGX Chairman described as a “board of the highest calibre” with a combined boardroom experience of over 400 years. He noted that the team embodies a balanced blend of generational diversity, gender representation, and global expertise.
Leading the new board is Mr. Emmanuel Ikazobor, a seasoned corporate manager and former head of the Nigerian Exchange, whose leadership Kwairanga praised as a strong foundation for the company’s continued growth.
Kwairanga also paid glowing tribute to Alhaji Aliko Dangote, GCON, the company’s founder and former Chairman, describing him as a visionary entrepreneur and a selfless leader committed to the development of Nigeria and the African continent.
“We know Alhaji Dangote for his love for Nigeria and Africa, his vision, and his bold steps to make our continent self-sufficient,” Kwairanga remarked. “Now, we can add another quality to that list—his desire to leave a lasting legacy. His decision to hand over to capable successors shows foresight, maturity, and strength of character.”
He further thanked Alhaji Dangote for his continued support for the Nigerian capital market and expressed optimism that more companies under the Dangote Group portfolio would be listed on the Exchange in the near future.
“Thank you, sir, for your leadership and your promise to bring more of your companies for listing. This is a great boost for our market and the economy at large,” he concluded.
The event underscored the Nigerian Exchange’s continued commitment to promoting transparency, investor confidence, and corporate excellence among listed companies.
