Shared on01 Aug 25
Governance Crisis at TCN Plc Raises Investment Risk for Ikeja Hotel Plc Key Takeaways: IHPLC Denies Director Withdrawal: Ikeja Hotel Plc (IHPLC) has clarified it did not authorize the removal of its nominated directors—Chief Anthony Idigbe SAN and Alhaji Abatcha Bulama—from the board of its investee company, The Tourist Company of Nigeria Plc (TCN). Board Dispute and SEC Oversight: The controversy stems from the SEC-ordered forensic audit of IHPLC, which triggered governance tension within IHPLC and TCN, both still under SEC regulatory scrutiny.
Shared on29 Jul 25
WaneInvestmentHouse has decreased revenue growth from 20.0% to 12.1% and decreased shares outstanding growth rate from 0.1% to 0.0%.
Shared on25 Apr 25Fair value Decreased 97%
WaneInvestmentHouse has decreased revenue growth from 132.0% to 20.0% and increased future PE multiple from 3.1x to 3.4x.