US EditionChams, CWG profits soar to billions for first time in 13 years
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Chams, CWG profits soar to billions for first time in 13 years
For the first time in 13 years, Computer Warehouse Group (CWG) Plc and Chams Holding Company Plc have reported billion-naira profits owing largely to Nigerian banks upgrading their IT infrastructure and telecom companies acquiring more SIM cards. Their latest unaudited financial reports for full-year 2024 showed a 395% jump in combined after-tax profit—from ₦983.7 million in 2023 to ₦4.88 billion in 2024. Chams, a provider of technology-driven s…
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