CWG, a Nigerian info know-how companies and infrastructure agency, grew its revenue by 84.22% in 2025, pushed by a sustained progress in software program gross sales and IT infrastructure companies, which rose by 54.05%, in accordance with its 2025 monetary outcomes.
CWG’s income rose to ₦65.66 billion ($47.83 million) in 2025, a 41.65% enhance from 2024. Revenue after tax hit ₦5.61 billion ($4.09 million).
Since 2024, CWG’s revenue progress has been powered by its long-term partnership with Indian multinational monetary firm Infosys, via which it distributes the Finacle core banking software to Nigerian banks, together with First Financial institution, GTBank, UBA, Constancy, Stanbic IBTC, FCMB, and Wema, lots of which carried out main software program upgrades in 2024.
Since 2023, CWG’s revenue has elevated ninefold, pushed by a surge in software program gross sales, which have jumped by 450.05% over the identical interval.
Software program gross sales rose by 27.35% to ₦20.92 billion ($15.24 million) in 2025, reflecting CWG’s shift from its roots as a programs integrator promoting Oracle {hardware} throughout sub-Saharan Africa to a enterprise more and more targeted on enterprise software program and companies.
Past software program, income from IT infrastructure companies, protecting tools gross sales and IT assist, rose 88.44%.
Managed assist companies, which embrace software program assist, {hardware} assist, efficiency monitoring, on-site technical assist, and upkeep, grew 14.60% to ₦18.83 billion ($13.72 million). Income from its platform enterprise is down 13.48%.
Regardless of the topline progress, CWG’s value of gross sales, largely prices paid to unique tools producers, rose 35.91% to ₦49.55 billion ($36.09 million), reflecting the upper value of delivering at scale.
In 2024, Adewale Adeyipo, group chief government officer of CWG, attributed the corporate’s progress to elevated gross sales and its strategic give attention to bettering effectivity, optimising prices, disciplined working expense administration, and boosting productiveness.
After recording its first billion-naira revenue in 13 years in 2024, CWG informed TechCabal in Might 2025 that it was increasing into new markets in East Africa and the Center East.
“We’re poised for much more important income and revenue progress in 2025,” CWG stated on the time. “As we transfer into 2025, we’re diversifying our choices to extra sectors, strengthening our presence in our present markets, and increasing operations into different East African international locations and the Center East.”
Nonetheless, CWG’s 2025 outcomes present it retained operations in Nigeria, Ghana, Uganda, and Cameroon, unchanged from 2024.
Whereas CWG continues to profit from banking shoppers, it has begun exploring new collaboration alternatives outdoors monetary companies. In June 2025, it partnered with Taraba State to digitise and optimise sports activities gaming income assortment processes.
In December 2025, the Federal Inland Income Service (FIRS) named CWG as one of many system integrators for Nigeria’s necessary digital invoicing system underneath the monitoring, billing, and settlement (MBS) platform. The designation positions CWG to offer end-to-end programs integration companies to companies implementing the brand new invoicing necessities.
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