The company is facing accounting insolvency as its total assets of N Its accumulated loss of N The financial year under review was one of turmoil and disappointment for the Company and its shareholders. TCN battled with the rapid decline in the economy and a bitter shareholder dispute, all impacting negatively on the business, according to Goodie M Ibru, chairman of the company.
Goodie also attributed the operating loss to lower business volumes and the impact of higher costs caused by the weakening Naira. In a lawsuit filed in by Mrs. Further analysis of the financial statement of TCN shows total debt in the balance sheet of the company stood at N The economy shrank 2. The naira lost 37 percent of its value against the US currency due to the adoption of a flexible exchange rate by the central bank in June. That saw many firms record huge revaluation losses.
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COVID precautions are taken seriously which i really appreciate. Nigeria Hotels. Lagos Hotels. See all 1, properties in Lagos. See map. Exceptional location. Nearby landmarks Food Corner m. Silver Bird Cinema m. Glen Eagles Hospital m. Lekki Market m. GPO m. Victoria Island m. Internet Planet 1. See all 60 photos.
Free Wi-Fi. Hygiene Plus. This property has self-selected and self-certified the following hygiene measures. Learn more. Safety Features. See all amenities. Preventative Equipment. Health and Medical. Your dates are popular among travelers Users are booking a place in Lagos every 34 minutes on Agoda. Good to know. Value for money 8.
Room photos and details. Enter dates to see prices. Frequently asked questions. View Map. Property ranking Compared to Lagos properties. See all rankings. Better than. Overall rating:. Excellent 25 reviews. Show less. Amenities and facilities. Languages spoken. Wheelchair accessible. Internet access. Free Wi-Fi in all rooms! Wi-Fi in public areas. Things to do, ways to relax. Fitness center. Game room. Swimming pool [indoor]. Swimming pool [outdoor]. Tennis court. Ticket services.
Cleanliness and safety. Body thermometer. Daily disinfection in all rooms. Daily disinfection in common areas. Face coverings on staff. First aid kit. Free face masks. Hand sanitizer. Hot water linen and laundry washing. Individually-wrapped food options. Physical distancing of at least 1 meter.
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