IMG Nigeria PLC Achieves 100% Equity Growth in 2025

IMG Nigeria PLC announced a significant 100% growth in equity, increasing from N5.91 billion in 2024 to N11.84 billion in 2025. The company declared a cash dividend of N365.5 million, equating to 50 kobo per share.

Despite facing challenges such as inflationary pressures and rising operational costs, IMG Nigeria PLC reported a revenue of N8.45 billion for the year ending December 31, 2025, slightly up from N8.38 billion the previous year. Profit before tax was N990 million, a decrease from N1.62 billion in 2024.

Chairman Aminu Ado described the financial year as a testament to the company's resilience and adaptability. Managing Director Abayomi Ok emphasized the focus on operational efficiency, customer retention, and cost optimization strategies to drive sustainable growth.

The number of issued ordinary shares increased by 46% to 731.06 million, reflecting an expanded ownership structure and stronger shareholder funds.