The combined market capitalisation of Dangote Cement Plc and five other Nigerian companies that recently joined the FTSE Frontier 50 Index rose to N60.97 trillion last week. The other companies are Aradel Holding Plc, FirstHoldCo Plc, Guaranty Trust Holding Company (GTCO) Plc, MTN Nigeria Communications Plc, and Zenith Bank Plc. As of September 18, 2026, their market capitalisation stood at N60.44 trillion, representing a week-on-week increase of about 0.88 per cent. In the first trading week after joining the index, MTN Nigeria Communications recorded the highest stock price decline of about 3.03 per cent to close at N863 per share.
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