Chams, the ID and payments giant behind BVN, records ₦429M Q1’26 profit

Technext24 | 01-05-2026 07:16pm |

Chams Holding Company Plc has reported a profit of ₦429 million for the first quarter of 2026. The company, known for its role in Nigeria's identity management and payment systems, operates several subsidiaries that contribute to its infrastructure capabilities. This financial performance highlights the firm's ongoing impact in the sector, particularly in relation to the Bank Verification Number (BVN) initiative. The results reflect the company's strategic position within the growing landscape of identity and payment solutions in Nigeria.

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