Publications & Insights

Impact of Corruption on Nigeria's Economy

01/02/16

In this report we formulate the ways in which corruption impacts the Nigerian economy over time and estimate the impact of corruption on Nigerian GDP, using empirical literature and PwC analysis.

2016 Tax Outlook. What you should expect in the new year and how to be better prepared

26/01/16

Going forward, aggressive tax avoidance will become the new tax evasion. Tax planning will therefore be tempered with low appetite for risk especially reputational damage while the debate on tax morality will intensify.

Memories from 2015 A review of the major tax and fiscal policy events in the past year

26/01/16

The process of splitting the moribund Petroleum Industry Bill (PIB) started with the draft Petroleum Industry Governance and Institutional Framework (PIGIF) Bill.

Flaws of the Withholding Tax System in Nigeria

07/01/16

A survey conducted by PwC during a recent tax stakeholders' event revealed that sixty percent of taxpayers consider withholding tax as the most complex aspect of tax compliance in Nigeria

A Nigerian Perspective

06/01/16

Nigeria paints a slightly different picture in terms of the Challenges experienced in the Power industry compared to the rest of Africa

PwC Tax Academy Curriculum

14/12/15

Join our monthly knowledge and experience sharing forum on tax matters, designed to provide a platform for learning and exchange of ideas on practical tax issues.

IFRS Newsletter - Q3 2015

02/12/15

This newsletter highlights some of the IFRS hot topics currently affecting organisations operating in Nigeria.

Reputational Risk

20/11/15

In all the publicized cases where the tax strategies of multinational companies have been called into question, transfer pricing is usually presented as the main culprit. The allegations are typically that these multinational companies have shifted profits (using transfer mispricing) from the countries where the business revenues are generated(and therefore avoided tax) to other countries where they will pay little or no tax.There are other risks which a business can influence. One of these is reputational risk. Reputational risk is the risk that a business will lose revenue or incur significant costs as a result of damages to its public image.

Doing Business in Nigeria

02/11/15

Nigerian government depends largely on revenue from oil and gas. Changes have been proposed to drive economic growth, attract investment and diversify the economy (with more focus on the non-oil sector including Agriculture, Mining, Manufacturing and promotion of capital projects and infrastructure).

Africa's Next Automotive Hub

28/10/15

Nigeria has the potential to become the hub of Africa's automotive industry. Home to an estimated 170 million people, over 40 million of who are in the growing middle class, the continent's largest economy is increasingly seen as an attractive destination for investors across all sectors.