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The Nigeria Immigration Service (NIS) on 4 February 2020 launched the Nigeria Visa Policy 2020 (NVP 2020).

The Nigerian government introduced the Nigerian Automotive Industry Development Plan (NAIDP) in 2013 to revitalisethe auto industry.

The Federal Inland Revenue Service (FIRS) has issued a public notice to inform taxpayers of its plan to commence a nationwide compliance check of VAT and WHT with effect from Monday 12 October 2015.

The Federal Inland Revenue Services (FIRS) has started writing to banks to appoint them as collection agents of taxpayers considered to be in default of tax payments.

On 26 March 2018, President Muhammad Buhari, following approval of the Federal Executive Council, signed the Nigeria- Singapore Double Taxation Agreement (DTA) instrument.

The National Office for Technology Acquisition and Promotion ("NOTAP) was established by the NOTAP Act, Cap. N62 LFN 2004 to monitor the transfer of foreign technology into Nigeria.

Nigeria is currently experiencing a declining growth rate. The National Bureau of Statistics recently reported a fall in Nigeria's GDP for the second quarter of 2015 at 2.35% down from 3.96% in the first quarter.

At the current rate of 5%, Nigeria's record VAT collection of N1.1 trillion in 2018 amounts to 0.9% of GDP compared to about 3.8% for commonwealth and ECOWAS countries.

From 1 October 2008 directors will have a duty to avoid a situation in which they have, or may have, a conflict of interest with the interests of the company.

2013 has proven to be a strong year for IPOs.

This quarterly update discusses developments related to the accounting for income taxes.

As explored in earlier Client Alerts,Show Footnote the European Securities and Markets Authority (ESMA) has a lot of priorities on its plate. In a letter dated 3 March but released 6 March 2025 (the 2025 Prioritisation Letter)...

EU financial supervisory authorities have published their 2025 annual reports, revealing a fundamental shift from framework development to operational enforcement and implementation monitoring. The reports demonstrate how the European Banking Authority, ESMA, EIOPA, ECB-SSM, and Single Resolution Board are moving toward data-driven supervision, systematic DORA monitoring, and enhanced cross-sectoral coordination. What does this transition from rule construction to demonstrable, peer-comparable outcomes mean

Partner in PwC’s Accounting Consulting Services in the UK, Peter Hogarth, provides an update on the leasing project and tells of his hopes for things to come.

On 30 October 2018, the European Commission published the minutes of the latest meeting of the Customs Expert Group (CEG) on customs valuation.

Capital Gains Tax (CGT) is imposed (where the disposal is not subject to income tax) at the rate of 20% on gains from the disposal of immovable property situated in Cyprus including gains...

For background, please refer to our Tax Update Newsletters N-9-2021, N-15-2021 and N-26-2021.