Dangote Cement Plc’s newly appointed chairman, Emmanuel Ikazoboh, has set out a five-point agenda aimed at sustaining the company’s growth trajectory and strengthening its role in Africa’s industrial and economic development.
Speaking at Nigerian Exchange Group (NGX Group) during a combined Closing Gong Ceremony and Facts Behind the Figures presentation, Ikazoboh said his priorities include sustaining the company’s governance structures, driving growth and market transformation, accelerating innovation to reduce the group’s carbon footprint, expanding engagement with partners and host communities, and investing in its workforce.
In his address as chairman, Ikazoboh emphasised that the capital market remains a critical partner in realising Dangote Cement’s ambitions.
“By working closely with NGX Group and its stakeholders, we will sustain our governance structures, pursue innovation, and strengthen engagement with investors and communities. This collaboration will be essential to securing the company’s next phase of growth.”
His appointment comes after Aliko Dangote, president and founder of Dangote Group, stepped down as chairman of Dangote Cement in July 2025.
A former interim administrator of the Nigerian Stock Exchange during a period of critical reform, Ikazoboh’s return to the market at the helm of one of Nigeria’s largest listed companies underscores the increasingly central role of NGX Group in shaping corporate governance standards and strengthening the alignment between listed corporates and the capital market.
Umaru Kwairanga, chairman of NGX Group, described the transition as an important moment for Nigeria’s capital market.
“Dangote Cement has long been a cornerstone of our Exchange, contributing significantly to market depth, liquidity, and investor confidence. The appointment of Ikazoboh, with his track record in governance and market reforms, signals continuity and ambition. At NGX Group, we remain committed to providing a credible and innovative platform that enables companies of this scale to thrive.”
Temi Popoola, group managing director and chief executive officer of NGX Group, said the Group is positioning itself as a partner in corporate transformation. “The capital market is not only a platform for raising funds but also a driver of transparency, innovation, and long-term value creation. Dangote Cement’s growth story illustrates the possibilities for issuers that leverage the full depth of NGX Group’s ecosystem.”
Jude Chiemeka, chief executive officer of NGX, added that the Facts Behind the Figures series is designed to enhance market transparency and improve investor understanding. “Engagements such as this demonstrate the value of consistent disclosure and accountability. They also reaffirm NGX’s role as the marketplace for driving industrial growth and investor confidence”.
Arvind Pathak, group managing director of Dangote Cement, noted that the company’s growth ambitions are increasingly tied to sustainability and innovation. “We are committed to building on our achievements by embedding environmental responsibility into our operations, expanding our regional footprint, and ensuring long-term value for shareholders.”
Dangote Cement remains one of the Exchange’s largest companies by market capitalisation, with a valuation exceeding N8trillion. Its Premium Board listing signals adherence to the highest standards of governance, capitalisation and liquidity, reinforcing NGX Group’s ambitions of positioning Nigeria as a leading hub for capital formation and sustainable corporate growth in Africa.
The event culminated in the symbolic sounding of the Closing Gong, underscoring Dangote Cement’s role as a bellwether for Nigeria’s capital market.