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Nigeria stock index rises 1.4% on Dangote Cement gains

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World Cement,

Reuters are reporting that Nigeria's stock index increased by 1.41% on 29 February, supported by investors' interest in the shares of Dangote Cement. The company accounts to a third of the local bourse capitalisation.

Dangote Cement increased 5% to 141.75 naira on expectation that the company will release a robust 2015 financial report.

The company may release its full-year results on 1 March with promise of positive dividend payment.

Edited from source by Joseph Green. Source: Reuters

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