PwC says unresolved issues around wallet transfers, asset valuation and withholding tax could complicate compliance.
VASPs face extensive reporting and tax-administration duties, with penalties reaching N10 million for the first month of default.
The firm says clearer guidance...
Virtual-asset tax defaulters face a N10 million penalty in the first month and N1 million for every subsequent month, according to PwC’s analysis of the NRS guidelines.
Failure to deduct tax at source attracts a 40 percent penalty,...
May 20, (THEWILL) — Global revenues generated from carbon pricing mechanisms rose above $107 billion in 2025, according to the World Bank’s latest “State and Trends of Carbon Pricing 2026” report.
The report showed that annual revenues from emissions trading...
January 29, (THEWILL) — PricewaterhouseCoopers (PwC) Nigeria and BusinessDay Media have announced plans to host a high-level CEO roundtable discussing Nigeria’s 2026 budget and its implications for the business environment, investment climate, and economic growth prospects.
The event, scheduled...
January 14, (THEWILL) — The Nigerian Communications Commission (NCC) has appointed PricewaterhouseCoopers (PwC) to conduct an independent review of competition in Nigeria’s telecommunications sector amid concerns over market dominance by some operators.
The assessment will examine market concentration, identify operators...
January 09, (THEWILL) — PwC Nigeria has been accredited as a system integrator for Nigeria’s new mandatory e-invoicing system under the Monitoring, Billing and Settlement (MBS) platform, a move aimed at modernising the country’s digital tax administration.
The accreditation...
January 07, (THEWILL) — Global professional service firm, PricewaterhouseCoopers, PwC, has said Nigeria’s poverty rate may rise sharply to 62 percent by 2026, with about 141 million people expected to be living below the poverty line.
The...
July 19, (THEWILL) - Taiwo Oyedele, a fiscal policy partner and Africa tax leader at PriceWaterhouseCoopers (PwC), has resigned from his position after over two decades in the organisation.
This is coming in less than two weeks after he was...
March 09, (THEWILL) - Britain's auditing watchdog has imposed a 7.5 million pound ($8.9 million) penalty on PwC (PriceWaterhouseCoopers) for "serious breaches" found in audits of engineer Babcock International (BAB.L), Reuters said on Wednesday, quoting the regulator.
The Financial...
The exercise, which will cover APC wards across the country, is expected to provide an opportunity for existing members to validate their membership records while opening the door for new members and supporters seeking to join the party.