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WeWork, a troubled office-sharing firm, has seen its shares plunge by over 50% in early trade in New York, following reports it could file for bankruptcy as early as next week. The company, once seen as the future of the office, has been plagued by problems, including a disastrous attempt in 2019 to sell shares […]
The Lagos State Internal Revenue Service (LIRS) has shut down 34 corporate organizations and 23 hotels, restaurants, and event facilities due to non-remittance of consumption taxes by hospitality sector operators to the Lagos State Government. The closures were made during a state-wide tax law enforcement exercise conducted by the Service in Lagos. The tax liabilities […]
