Chams Holding Company Plc recorded an 18 per cent increase in revenue to N17.65bn for the financial year ended 31 December 2025, declared a dividend of three kobo per ordinary share amounting to N270m, and announced the appointment of Segun Oloketuyi as Chairman of the Board following the retirement of the founder, Demola Aladekomo.
The dividend reflects the company’s commitment to rewarding shareholders while retaining sufficient capital to support its future growth and expansion initiatives. The technology and digital solutions group reported an operating profit of N1.37bn, representing a 17 per cent increase from N1.17bn recorded in 2024.
Profit after tax also rose 6.66 per cent to N417m from N391m in the previous year, underscoring stronger earnings from core operations despite Nigeria’s challenging macroeconomic environment.The Group Managing Director, Mayowa Olaniyan, in her statement, described the 2025 performance as a significant milestone in the company’s evolution, noting that improved operating efficiency and a more diversified revenue base enhanced the quality of earnings.
Speaking at the company’s 42nd Annual General Meeting, the outgoing Chairman and founder, Aladekomo, who retired after four decades of leading the company, described Oloketuyi as a distinguished financial services executive with deep corporate governance expertise and a strong commitment to creating long-term shareholder value.
He also welcomed Tomiwa Aladekomo as Vice Chairman, expressing confidence that the new leadership team, working alongside Olaniyan, would accelerate Chams’ next phase of innovation, digital transformation, and pan-African expansion.
In his acceptance speech, Oloketuyi paid glowing tribute to Aladekomo, describing him as an institution builder whose visionary leadership laid the foundation for Chams’ enduring success and transformation into a leading technology company. Shareholders approved all resolutions presented at the meeting, including the re-election of directors, and honoured the retiring chairman with a standing ovation in recognition of his outstanding contributions.