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CWG

CWG PLC

CWG · NGX · ICT
₦20.75
— ₦0.00 (0.00%)
₦19.75 ₦20.42 ₦21.08 ₦21.75 ₦20.75 10:44 14:14 10:14
Day range
—
Year range
₦14.05 – ₦25.40
Open
₦20.75
Previous close
₦20.75
Market cap
₦52.39B
Volume (24h)
₦99.9K
Volume (52w)
₦1.86M
Performance
7D
▲ 15.28%
1M
▲ 6.96%
1Y
▲ 24.25%
YTD
▲ 14.64%
Key statistics
P/E ratio
—
EPS (TTM)
—
Dividend yield
0.77%
Dividend (TTM)
₦0.16
Payout ratio
—
Shares outstanding
2.5B
About CWG PLC

CWG Plc, a prominent pan-African information and communications technology company headquartered in Lagos, Nigeria, traces its origins to 1992 when it was founded by entrepreneur Austin Okere as Computer Warehouse Limited. Initially focused on distributing computer equipment and providing technical support, the company strategically expanded its capabilities over time. This evolution included the establishment of DCC Networks in 1994, which diversified its offerings into telecommunications, and the acquisition of Expert Edge Technologies in 1997, significantly enhancing its software development capacity. These foundational entities were later integrated, and CWG Plc went public on the Nigerian Exchange in 2013, solidifying its position as a leading provider of comprehensive IT solutions across the continent. The company's core business revolves around delivering a broad spectrum of IT services and solutions. These include robust IT infrastructure solutions, encompassing enterprise-grade deployment and critical support for hardware and middleware systems, often in partnership with global original equipment manufacturers. CWG also specializes in software development and platforms through its innovation hub, FifthLab, which creates digital platforms such as KuleanPay, Unified Cooperative Platform, SMERP, and BillsnPay. Furthermore, it offers extensive managed services, providing 24/7 support and outsourced IT management, alongside cloud and digital transformation services including cloud hosting, cybersecurity, and enterprise integration. CWG serves a diverse clientele comprising businesses, governments, and institutions across key sectors like financial services and telecommunications, operating with a wide geographical footprint that spans Nigeria, Ghana, Uganda, Cameroon, and the United Arab Emirates, with ongoing expansion into Kenya and Rwanda.

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Country: Nigeria
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