Shareholders of CWG Plc have approved a final dividend of 70 kobo per share for the financial year ended December 31, 2025. This represents a 79% increase over the 39 kobo paid in the prior year, as the company reported its strongest financial results in recent years and outlined an ambitious growth agenda.
The approval was given at CWG’s 21st Annual General Meeting held in Lagos. Shareholders commended the board's recommendation, impressed by the group’s sustained profitability despite a challenging macroeconomic environment.
Chairman of the Board, Dr. Phillip Obioha, stated that the higher payout reflects both the strength of the year’s performance and the Board’s confidence in future prospects. He noted, “This recommendation reflects the Board’s confidence in the sustainability of CWG’s earnings trajectory and our commitment to delivering consistent and growing returns to our shareholders.”
The financial performance underpinning this confidence is compelling. The group recorded a pre-tax profit of ₦7.8 billion for the year, a 78% increase from the ₦4.42 billion posted in 2024. Revenue also saw a significant rise, increasing by 41.4% from ₦46.35 billion to ₦65.56 billion over the same period.
Dr. Obioha attributed the strong performance to a customer-centric approach that prioritizes market responsiveness, supported by deliberate investments in operational efficiency. He explained, “You can grow your top line, but if your operations are inefficient, your bottom line will suffer. We have focused on optimising our processes to ensure we deliver value.”
These efficiencies were built across CWG’s regional footprint. Group Managing Director and CEO Adewale Adeyipo highlighted strong performances across the company’s African markets as a key driver of results, with Nigeria remaining the largest and most strategic contributor to revenue. In Ghana, improved governance frameworks, enhanced compliance systems, and the relaunch of the CWG Academy, along with an expansion of cybersecurity offerings, helped the business win new customers and strengthen its position in regulated sectors.
