Some of the relevant laws regulating corporate business in Nigeria include the following:
Nigeria
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Articles & Analysis | Nigeria's legal framework and the rules and regulations for doing business from The Report: Nigeria 2015
Interviews & Viewpoints | Taiwo Oyedele, Partner and Head of Tax and Regulatory Services, PwC Nigeria, on the need for reforms to streamline the tax system: Viewpoint from The Report: Nigeria 2015
While the tax burden in Nigeria is fairly in line with regional levels, the country is consistently rated lower than similar economies in areas like number of tax payments and time needed to comply. The “Paying Taxes” 2014 report, a joint study of tax regimes in 189 economies by PwC and the World Bank, finds that on average globally a medium-sized company has a total tax...
Articles & Analysis | Changes to tax regulations in Nigeria raise the level of enforcement from The Report: Nigeria 2015
Nigeria undertook a rebasing exercise of its GDP in 2014. This brings into sharper focus the very low taxrevenue-to-GDP ratio, which is now about 8% and a much lower ratio of 4% for non-oil taxes. There is pressure on the government to improve the ratio, but in reality this is not a quick fix. It will require a broad-based approach to address the complexity of tax...
Articles & Analysis | Nigeria's tax framework and its implications for businesses from The Report: Nigeria 2015
Nigeria, like other nations, has rules and regulations governing the operation of corporate entities in the country. A foreign entity intending to do business in Nigeria is required by the Companies and Allied Matters Act (CAMA) to incorporate a Nigerian company for that purpose. Branch operations or offices of foreign companies are not allowed in the country except in...
Articles & Analysis | Better use of ICT resources in Nigeria's education sector a key part of strategy from The Report: Nigeria 2015
As part of a wide-ranging effort to prepare young Nigerians for the digital economy, expanding the use of ICT throughout the education system was a key component of the 10-year Strategic Education Plan (SEP), launched in 2007 by the Federal Ministry of Education. The SEP has laid out a number of technology-related objectives for the sector, including the achievement of...
Articles & Analysis | Major upgrades to capacity and standards are needed for the country to meet its broader economic goals from The Report: Nigeria 2015
Home to the largest and one of the youngest and fastest-growing populations in Africa, Nigeria’s youthful demographic profile could prove to be either a future economic asset or a significant social burden. Given that 63% of the country’s 170m people are under the age of 24, much will ride on the progress that can be made to improve the quality and capacity of its...