Publications & Insights

Pension at State Government Level: The New Era

28/04/16

This document aids our understanding of the Contributory Pension Scheme at state level and how PwC can help state governments achieve full compliance

Tax Watch April 2016- Taxation in the digital economy

25/04/16

The existing international tax rules assume that you need a certain level of physical presence (an office, a factory, a workshop etc.) in a foreign country before you can make any significant or stable revenues. Once you have this physical presence (otherwise known as a Permanent Establishment or PE for short), you are required to pay tax in the foreign country.

Economy Alert - April 2016-: Nigeria-China Discussions

21/04/16

Two key highlights emerged from President Muhammadu Buhari’s week-long visit to China. First was China’s offer of a loan estimated at $6 billion to fund infrastructure projects across the agricultural, solid minerals and industry sectors. Second was the announced currency swap agreement by the Industrial and Commercial Bank of China Limited (ICBC) and the Central Bank of Nigeria (CBN).

Advisory Outlook April 2016- the Truth about Costs

17/04/16

Businesses need to put together a programme which will bring more significant cost savings by 'doing with less' and 'doing things differently'.

Advisory Outlook March 2016: Infrastructure Development in Nigeria

28/03/16

It is glaring that Nigeria will not be able to sustain her current level of economic growth without enhancing her infrastructure. Investing in infrastructure will drive economic growth, provide jobs, and deliver vital services to the country and the majority of its citizens.

Tax Watch March 2016: Low oil price will expose sticky barrels of tax risks

18/03/16

On the basis of the dwindling oil prices, and falling government revenue, taxpayers should expect tax authorities to intensify their efforts to re-examine and re analyse all aspects of the tax laws. This means new issues may be raised on items that were previously ignored or have hitherto been accepted as industry practice.

Tax Bites March 2016: Climate Change and the Global Action to Save our Planet

17/03/16

Climate Science is a seemingly complex area, and underlies any understanding of the functioning of the earth’s climate system as well as the effects of natural and human activity on the climate. The pace for global climate change counteraction has been set by the United Nations (UN) Framework Convention on Climate Change (UNFCCC).

Nigeria: Looking beyond Oil report

16/03/16

Our analysis identifies Agriculture, Petroleum (Petrochemical and Refining), Retail, and ICT as priority sectors with the most dominant transmission links to the overall economy

Economy Alert-March 2016-: Nigeria 2015 GDP

09/03/16

Nigeria's economy grew by 2.7%y/y in 2015, which represents the slowest growth in the past five years, much lower than the 5-year real GDP average of 4.8%y/y. Real growth decelerated sharply to 2.1%y/y in Q4'15, reflecting the weakest quarterly performance following a contraction in growth across industries and moderation in the services sector (77% of GDP).

Advisory Outlook- March 2016. PPPs: The Antidote to Nigeria's Healthcare Infrastructure Deficit

07/03/16

As Africa's most populous country and with an average five year real growth rate of 5% between 2011 and 2015, Nigeria is ranked as one of the fastest growing economies in the world. Despite this position, the nation's activities in healthcare account for less than 5% of the country's GDP