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IT giant, Chams and Osun partner Over New Empowerment Scheme

Osun State Governor, Ogbeni Rauf Aregbesola, recorded another huge success in his six-point agenda over the weekend when he launched the OYES Sustainable Employment Scheme (OSES). The OSES initiative which is a partnership arrangement between Osun state Government and Chams PLC on youth empowerment and employment generation will create employment for 5,000 youths by deploying [...]

Academia, govt and industry must work together for Nigeria – Aladekomo

Demola Aladekomo, Group Managing Director, Chams Plc, is the new President of the Lagos Business School Alumni Association (LBSAA). Aladekomo took over the leadership baton from Udeme Ufot, Managing Director of SO&U Saatchi & Saatchi. The Lagos Business School Alumni Association has a unique electoral system which stipulates that the vice-president automatically becomes the president [...]

Academia, govt and industry must work together for Nigeria – Aladekomo

New president of Lagos Business School Alumni Association (LBSAA), Mr. Demola Aladekomo has called for synergy among the academia, industry and government. He said this while fielding questions from journalists weekend during the association’s 2012 President’s dinner at Eko Hotel and Suites, Lagos. He added that no nation can progress as long as there is [...]

Cashless Economy – IADs Criticise CBN’s Policy Reversal On Offsite Atms

As the cashless economy initiative of the Central Bank of Nigeria (CBN) goes full throttle from today, the Independent Automated Teller Machine (ATM) Deployers (IADs) licensed by the apex bank have criticised the policy reversal of the Bank's directive on the deployment of offsite ATMs, saying that CBN was insensitive especially in the light of [...]

FG approves N30bn for new national identity scheme

The Federal Executive Council on Wednesday approved N30bn for a new national identity scheme for the country. The amount would take care of the first phase of the scheme, known as the Integrated National Identity Management System, which is expected to gulp N30.066bn. Minister of Information, Mr. Labaran Maku, who disclosed this at the post-FEC [...]

Nigeria must deploy technology to curb terrorism – Chams MD

In a chat with Biodun Coker, the Group Managing Director of Chams Plc, Mr. Demola Aladekomo spoke on the future outlook of the homegrown Information and Communications Technology company, its strategic and holistic investments in e-commerce infrastructure which positions it to be one of the drivers of CBN’s cashless economy initiative, as well as the [...]

Paymaster obtains CBN PTSP license

Paymaster Limited, a subsidiary of Chams plc, has been licensed by the Central Bank of Nigeria (CBN) to operate as a Payment Terminal Service Provider (PTSP), for Point-of-Sale (PoS) terminals to be deployed across the country. As a PTSP operator, Paymaster will deploy PoS terminals, maintain and provide support on behalf of its acquirers, while [...]


Chams plc has announced its audited result for the year ended December 31, 2010, at its annual general meeting held in Abuja. The result shows turnover rise by 50 percent, from N989 million to N1.48 billion, gross profit jumped by a significant 280 percent from N137 million in 2009 to N520 million in 2010, while [...]

Aladekomo emerges NCS President

The Group Managing Director of Chams Plc, Mr. Demola Aladekomo, has emerged the latest president of the Nigeria Computer Society (NCS) in a keenly contested election at the 10th NCS International conference, at the International Conference Centre, Abuja. The Nigeria Computer Society (NCS) is the umbrella organization of Information Technology Professionals, Interest Groups and Stakeholders [...]

Fresh Agenda Setting for New NCS President, Aladekomo (Emma Okonji)

The newly elected President of Nigeria Computer Society (NCS), Dr. Demola Aladekomo has been challenged to inject fresh ideas that will raise vibrancy and stimulate growth of the association. A cross examination of Information Technology practitioners who are registered professionals of the association who bare their minds shortly after Aladekomo emerged NCS President, challenged him [...]