Question 1

What Is IMG Stock Price Today?

Accepted Answer

Industrial & Medical Gases Nigeria Plc (IMG) is trading at ₦28 today on the Nigeria Stock Exchange (NGX).

Question 2

What Does Industrial & Medical Gases Nigeria Plc Do?

Accepted Answer

Industrial & Medical Gases Nigeria Plc was established in 1959 as Industrial Gases (Nigeria) Limited, a subsidiary of the British Oxygen Company (BOC), with a mission to provide locally produced industrial and medical gases during Nigeria's industrialization. The company was listed on the Nigerian Stock Exchange in 1979. Over the decades, it evolved, changing its name to Industrial Gases Limited, then to BOC Gases Nigeria Plc in 1997, before becoming Industrial & Medical Gases Nigeria Plc in 2021. This evolution included significant ownership changes, with The Linde Group AG acquiring a 60% stake in 2006, and later, BOC Holdings UK selling its 60% interest to TY Holdings Limited in 2021, solidifying its identity as a wholly indigenous Nigerian enterprise. The company maintains a network of production and distribution facilities strategically located across Nigeria, including major plants in Lagos, Port Harcourt, Kaduna, and Warri.

Question 3

How Do I Buy IMG Stock in Nigeria?

Accepted Answer

IMG trades on the Nigerian Exchange (NGX). You can purchase shares through a licensed Nigerian stockbroker or a regulated platform that supports NGX-listed securities.

Question 4

What Sector Does IMG Belong To?

Accepted Answer

Industrial & Medical Gases Nigeria Plc is listed under the NATURAL RESOURCES sector, specifically in the Chemicals sub-sector.

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