CWG Plc, a Nigerian information and communication technology (ICT) solutions provider, has recorded ₦28.4 billion in revenue in H1 2025, a 65% year-on-year increase from the ₦17.2 billion reported during the same period in 2024.
Its IT infrastructure services made up approximately 42.6% of the total revenue, accounting for ₦12.1 billion of the total revenue for the half year 2025.
CWG’s infrastructure encompasses a range of offerings focused on providing businesses with essential technology systems. These services are broken down into four main categories, which include its data centre infrastructure, the network infrastructure, security infrastructure, and storage infrastructure.
CWG provides scalable data centres to host critical applications and data, which includes infrastructure for managing servers, storage, and virtualisation to support business operations.
Its network infrastructure involves connectivity solutions such as network design, installation, and management, including Wide Area Network (WAN) and Local Area Network (LAN) solutions.
The company also offers solutions like firewall management, intrusion detection and prevention, and security audits to protect systems and data from threats, ensuring cybersecurity for clients.
As part of its storage infrastructure, CWG plc utilises on-premises and cloud-based storage solutions such as data backup and recovery, Storage Area Network (SAN), and Network-Attached Storage (NAS) to manage and safeguard business data.
CWG’s IT infrastructure majorly supported clients like MTN, UBA, First Bank, INEC and the Nigerian Communications Commission (NCC), providing hardware, networking and outsourcing services, including the supply, installation and support of servers, ATMs and middleware systems.
CWG’s ₦28.4 billion half-year revenue for 2025 signifies a strong year for CWG Plc, as it represents 79.4% of 2024’s total full-year revenue of ₦46.3 billion.
The company achieved a ₦3.56 billion profit after tax, marking a 113% increase compared to the ₦2.19 billion recorded in the same period of 2024.
This strong showing translated into even more profitability, as gross profit increased by 73% to ₦8.3 billion, earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 107%, and earnings before interest and tax (EBIT) grew by 111%.
Operational efficiency also saw considerable improvement, with the cost-to-income ratio decreasing by 16 percentage points to 46%. Furthermore, the Return on Equity (ROE) improved to 41% from 24% in H1 2024.
The Shareholders’ Fund also grew by 30% to ₦8.6 billion, showing a stronger equity base.
