June 20, 2026
L-R: Company Secretary, Industrial & Medical Gases Nigeria Plc, Aderonke Segun-Alabi; Chairman, Aminu Ado; Acting Managing Director, Abayomi Oke and Non Executive Director, Ishaya by Danjuma, at the 66th Annual General Meeting in Lagos.
By Preter Egwuatu
Industrial &Medical Gases (IMG) Nigeria Plc has delivered a resilient performance in 2025, doubling shareholders’ equity to N11.84 billion and paying a cash dividend of N365.5 million, amounting to 50 kobo per share, despite a challenging business environment marked by inflationary pressures, rising operating costs, and foreign exchange volatility.
The audited results show that total equity rose from N5.91 billion in 2024 to N11.84 billion in 2025, while share capital increased by 46 per cent to N365.53 million from N249.75 million. The number of issued Ordinary Shares also climbed by 46 per cent to 731.06 million shares, reflecting an expanded ownership structure and stronger shareholder funds.
