Dangote Cement is staying put on the Nigerian Exchange Group, at least for now. The company has suspended its proposed listing on the London Stock Exchange, confirming that the move will not disrupt its day-to-day operations.
The company offered little detail on the timing or the reasons behind the suspension, but made clear that shareholders and operations remain unaffected by the decision.
What prompted the pullback, and whether London remains on the table further down the road, is a question worth watching.
Originally published by Premium Times.