The Group Managing Director/Chief Executive Officer, Chams Plc, Mr. Femi Williams, in this interview speaks on how electronic voting can be used to address electoral challenges in Nigeria. He also shares the story of the company’s recovery from loss to profitability. Goddy Egene presents the excerpts: Recently, you informed the investing public that Chams Plc’s [...]
In this interview, Femi Williams, Group Managing Director and Chief Executive Officer Chams Plc speaks to select journalists including Iheanyi Nwachukwu. Excerpts Recently, you informed the investing public that Chams Plc’s restructuring has put the company on the path of sustainable profitability. Can you shed more light on this? Through the restructuring, Chams Plc was… [...]
Chams Plc has recovered from a loss of N1.27 billion in 2017 to a profit of N380 million in 2018, as the identity management and electronic payment company started to reap from a recent restructuring. Key extracts of the audited report and accounts of Chams for the year ended December 31, 2018 showed that the [...]
Chams Plc is the country’s first information and communication technology company to be quoted on the Nigerian Stock Exchange (NSE). In this panel interview, its Group Managing Director Mr Femi Williams speaks on financial inclusion, corporate challenges, among others. Capital Market Editor, Taofik Salako was there. As the first indigenous company to evolve from computer hardware [...]
Chams, an indigenous Information and Communications Technology (ICT) company, has said that Nigeria can leverage on its identity management solution to eliminate the operational and logistics issues hampering the successful conduct of elections in Nigeria. The firm also assured its shareholders of brighter prospects, following the successful outcome of a restructuring exercise, covering business model, [...]
•Mulls new capital raising Chams has successfully restructured its operations and now on the path of sustained growth. The company has launched a process to further strengthen its balance sheet through injection of new capital. Group Managing Director, Chams Plc, Mr Femi Williams said the company’s businesses have been repositioned and now delivering improved results, [...]
The Nigeria Inter-Bank Settlement System Plc (NIBSS) has appointed ChamsMobile (a Chams Plc company) as Agent Managers For BVN Registration. The shared agent network project of the Central Bank of Nigeria CBN and Bankers Committee which aims to capture the BVN of 20 million unbanked Nigerians over the next 2 years has received a major boost [...]
The main hall of the pharmacy house was occupied by men and women of integrity as the President of Pharmaceutical Society of Nigeria (PSN), Pharm. Ahmed I. Yakasai, FPSN inaugurated the members of the committee for Biogenerics integrity award for Pharmacists in public hospitals in Nigeria. The President in his powerful speech appreciated each and [...]
Chams Plc seeks FCTA’s partnership on ICT solutions adoption Chams Plc, Nigeria’s leading provider of ICT intelligent business solutions and services, has indicated interest in partnering with the Federal Capital Territory Administration (FCTA) as a strategic option of deepening ICT solutions deployment in the nation’s public sector. Disclosing this when he led a team of the Chams [...]
POSITIVE OUTLOOK FOR YEAR 2018 The review of Chams’ Group Accounts for period ended March (Q1) 2018 by the Management shows a great improvement in financial performance when compared to the corresponding period in 2017. The company had a revenue of N739m as at March 2018 as against N335m for the same period in 2017 [...]
