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The Nigeria Revenue Service has launched compliance monitoring for large taxpayers under the National E-Invoicing & Electronic Fiscal System, requiring companies with annual turnover of ₦5 Billion and above to complete full system integration by 31 July 2026. Non-compliant entities face immediate enforcement actions, statutory penalties, and potential operational disruptions under applicable tax laws.

Every Business Name owner who earns an income in Nigeria either from employment or from carrying on a business is subject to tax under the Personal Income Tax Act.

One of the highly contentious areas during a Transfer Pricing (TP) audit is the characterisation of related entities based on the functions performed, assets utilised and risks assumed...

It amounts to an abuse of the CBA framework to incorporate and sustain clauses that circumvent the provisions of the law based on the union's potential to create or trigger industrial crisis at will.

When tax revenue grows at a slower rate than the GDP, the tax-to-GDP ratio drops; when tax revenue grows faster than GDP, the ratio increases.

nternational Mobility has evolved over the years due to globalization, proliferation of new information technologies as well as the high demand for human talent everywhere in the world.

Within the last decade, the Nigerian upstream sector witnessed significant transactions involving the sale of interests in oil licenses.

On 18 June 2026, the Federal Government recently issued the General Guidelines for the implementation of the 2025 Tax Acts, providing a transitional framework for the application of the new tax legislation and expressly precluding the retroactive application of the Acts. The Guidelines are intended to provide the much-needed clarity on compliance obligations as the new tax regime takes effect.

On 14 April 2021, the Ministry of Interior (MOI) held its 2nd stakeholders' meeting on expatriate quota matters.

Tax incentives are a vital component of government taxation policies aimed at stimulating specific economic activities by reducing tax obligations.

In recent times, corporate entities operating in various sectors of the Nigerian economy have been inundated with tax assessments from the Revenue Mobilization Allocation and Fiscal Commission ("RMAFC").

The Chief Judge (CJ) of the Federal High Court (FHC) recently issued the Federal High Court (Federal Inland Revenue Service) Practice Directions, 2021 (the Directions) in respect of tax matters...

Commencing a business in Nigeria can be a promising venture, given the country's large population, growing economy, and various business opportunities.

As of now, Nigerian capital gains tax (CGT) generally does not apply to offshore transactions involving the sale of foreign holding companies with indirect Nigerian exposure.

The Federal Executive Council, the highest Executive decision making organ in Nigeria, yesterday approved a new National Tax Policy for the country.

The Bill was initially introduced to the Senate on 8 March 2022 for first reading.

Many thanks to all our guests at the PwC's Tax Stakeholders' Event on Monday 23 November 2015.