U.S. firms in Nigeria generate N2.6tr
United States’ companies operating in Nigeria generated revenue worth more than N2.6 trillion in 2017, a survey conducted by the American Business Council, in collaboration with Accenture, KPMG, PwC and the U.S. embassy has revealed.
NFF ready for EFCC investigation, says board
The leadership of the Nigeria Football Federation (NFF) headed by Amaju Pinnick yesterday said it was ready to face the Economic and Financial Crimes (EFCC) investigations...
PwC warns against rising BEC as ransomware menace hits 2370%
Price waterhouse Coopers (PwC) has alerted organisations and individuals to the rising Business Email Compromise (BEC), which is majorly impersonation of executives. BEC, it explained, aimed to get an employee, customer, or vendor to transfer funds or sensitive information to the phisher. Phisher is someone who tries to obtain financial or other confidential information from…
Grandmaster lauds PwC Chess4Change’s initiative
Chess Grandmaster Nigel Short has applauded PwC Nigeria for supporting the growth of chess in Nigeria especially by promoting the adoption of the sports among young people through her Chess4Change programme. The British former world champion who is visiting Nigeria made this remark during a courtesy visit to the leading professional services firm in Lagos.…
PwC predicts 12.1 percent growth for media in five years
According to the latest report by global accounting firm, Price Water Copper (PWC), Nigeria would be the world’s fastest-growing Entertainment and Media (E&M) market over the coming five years with a 12.1 per cent Compound Annual Growth Rate (CAGR), while the slowest-growing will be Japan, put at 1.7 per cent CAGR.
PwC’s Transfer Pricing Series
Effective July 2017, the OECD updated its transfer pricing (TP) guidelines for MNEs and tax administrations (“the Guidelines”) to align with the recommendations from the base erosion and profit shifting (BEPS) project.
PwC’s ‘5for5’ walk raises funds for charities
Staff and alumni of Price Waterhouse Coopers (PwC) held a walkathon and carnival recently. It was tagged ‘5for5,’ aimed at raising funds for five charities...
PwC organises walk to raise fund for charity
In a bid to fulfil its mandate of building trust and proffering solutions to challenges in the society, Price waterhouse Coopers (PwC) Staff and Alumni recently organised a walk and carnival tagged “5to5”. The organisation has a network of firms in 158 countries with more than 236,000 people committed to delivering quality in assurance,…
What Nigeria’s signing of the OECD’s multilateral instrument means for taxpayers
When the international community agreed there was a need to fix the international tax rules through the BEPS project, one of the problems they had to address was how to ensure that the recommendations from the project....
The common reporting standard – your foreign bank account could be coming to Nigeria
If you live in Nigeria and you have a foreign bank account; you should read this.If things go as planned, the FIRS will soon have access to information on the money and other financial investments that you have in your foreign bank account.