Chams Holding Company Plc has declared a final dividend of N270 million to its shareholders for the fiscal year that concluded on December 31, 2025.
In a corporate announcement made on Thursday, the Nigerian technology provider stated that a final dividend of N0.03 for every share of 50 kobo each will be paid. This payout is subject to appropriate withholding tax and shareholder approval.
Shareholders whose names appear in the register of members as of the close of business on June 18, 2026, are eligible to receive this dividend. The company will pay dividends electronically on July 10, 2026, to shareholders who have completed their e-dividend registration and mandated the Registrar to transfer dividends directly into their bank accounts.
The company's unaudited full-year 2025 results show a significant increase in revenue, which grew by 17.89 percent to N17.48 billion. This growth was primarily fueled by a substantial rise in demand from telecommunications operators and banks.
Profit after tax saw a considerable increase of 54.86 percent, reaching N605.58 million. This performance highlights the company's successful leverage of Nigeria’s expanding SIM distribution and payment infrastructure.
Revenue generated from the supply of data card products experienced a remarkable surge of 573.16 percent, amounting to N5.90 billion in 2025. This increase is attributed to higher SIM card purchases by telecom operators, driven by accelerated subscriber growth and SIM replacements across the market.
Banks also continued to issue a high volume of payment cards, maintaining strong demand for physical cards despite the growing adoption of mobile banking and digital wallets. These sectors, telecommunications and banking, have become key drivers in Nigeria’s digital economy.
In a separate filing with the Nigerian Exchange Group, Chams announced the appointment of Michael Uwakwe as a non-executive director, effective April 1, 2026. Uwakwe brings over three decades of experience, including a career at TotalEnergies. He currently chairs Creditville Limited, a financial services firm with interests in consumer lending, equipment leasing, capital markets, and real estate.
Uwakwe also serves on the board of Redwood Asset Management Company Limited, a fund and portfolio manager registered with the Securities and Exchange Commission. Additionally, he is a member of the Investment Strategy Committee of the Total Closed Pension Fund, with approval from the National Pension Commission. His professional affiliations include the National Institute of Credit.
