Industrial & Medical Gases Nigeria has been quietly supplying the oxygen, nitrogen and acetylene that keep Nigerian hospitals, welders and factories running since 1959. It is a small, profitable company with a freshly strengthened balance sheet — and a profit story that needs careful reading. Full nameIndustrial & Medical Gases Nigeria Plc Tickers / exchangeIMG / Nigerian Exchange (XNSA) HeadquartersLagos, Nigeria SectorIndustrial and medical gases Founded1959 Market valueNot published in available sources Yearly sales (FY2025)₦8.38 billion (US$6.3 million) Net profit (FY2025)₦989.9 million (US$745,000) Net margin11.8% (our calculation) Return on equity8.4% …
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