The Nigerian economy, as reported by the NBS, recorded the slowest first-quarter growth since 2016 (post-recession), as real GDP rose by 1.87% year on year, from N16.57 trillion in Q1 2019 to N16.89 trillion I Q1 2020.

A public notice has been published by the Lagos State Internal Revenue Service (LIRS) on the taxation of foreigners who perform employment duties in Nigeria.

The OECD has been leading the efforts to combat aggressive tax avoidance through base erosion and profit shifting (BEPS) especially by multinational companies.

The National Information Technology Development Agency (NITDA) issued a final notice on 14 October 2015 for companies to comply with the local content guidelines which came into effect on 3 December 2013.

The Central Bank of Nigeria ("CBN") on 17 May, 2017 issued a circular clarifying certain items that are eligible for foreign exchange ("FX") in the Nigerian official foreign exchange market ("FX market").

President of the Federal Republic of Nigeria, Muhammadu Buhari, has signed the Nigerian Tax and Fiscal Law (Amendment) Bill 2019

Read my article on Nigeria's tax administration scorecard, the tax administration we want and what we need to do to get there.

We understand that the Court of Appeal has reversed the long standing decision of the Federal High Court (FHC) regarding the treatment of sub-contracting expenses in the determination of deemed profit of a non resident company.

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

ASENI was established in 1992 by the Federal Government of Nigeria. The Agency's mandate is to create an enabling, knowledge-driven environment for local mass-production of standard parts, ...

The legislature has commenced the process of ratifying three avoidance of double taxation treaties with Spain, South Korea and Sweden signed on 18 November 2004...

Though the current recession has impacted negatively on Nigeria's automotive sector leading to a very slow growth scenario...

Our training sessions are practical including panel discussions, case studies, interactive modules and walk-through scenarios.

The oil price has now fallen by more than half since June of last year when the price stood at $110 per barrel.

Some life assurance policies contain elements of savings or investment. Such policies often mature during the active lifetime of the policyholder or based on an agreed tenure.

The Federal Inland Revenue Service (FIRS) recently issued a public notice on what taxpayers need to know with respect to applications for tax clearance certificate (TCC).

The Federal Inland Revenue Service (FIRS) has issued revised transfer pricing (TP) declaration and disclosure forms.

Employers are required to deduct PAYE on the benefits at the date of exercise.

A new Bill to impose a Communication Service Tax (CST) is being introduced by the National Assembly.

The Tax Appeal Tribunal (TAT) on 18 November 2015 held that the Federal Inland Revenue Service should accept tax computations prepared by the Contractor of a Production Sharing Contracts...