<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Debt sustainability across the ECOWAS region has been a source of concern in recent years. Earlier in June, the President of the ECOWAS Commission cautioned member states of their rising debt profile, which he attributed to the Covid-19 pandemic. Meanwhile, the Nigerian Economic Summit Group and the Open Society Initiative for West Africa have set up the Debt Management Roundtable to help countries in West Africa to keep debt under control. Taiwo Oyedele, Chairman of the Debt Management Roundtable and Afolabi Olowookere, Divisional Head for Economic research and Policy at the Securities and Exchange Commission join CNBC Africa to put this in perspective.</p>


Addressing West Africa’s rising debt profile

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s Finance Act 2020 introduces several amendments to both the fiscal and tax laws in the country. Having taking effect from January this year, how will implementing this act change Nigeria’s tax landscape? Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for more.</p>


PwC Nigeria: Here’s what you should know about Nigeria’s Finance Act

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Nigerian government is looking to fund its 13.58 trillion-naira 2021 budget which has a 5 trillion-naira deficit. The government also approved a Finance Act which allows the government to borrow from unclaimed dividends and amounts in a dormant bank accounts outstanding for six years or more. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for more.</p>


How Nigeria plans to fund its 5 trillion-naira budget deficit

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6211215139001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s Federal Executive Council has approved the Finance Bill 2020. According to the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Finance bill aims to improve on extant tax laws in Nigeria. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa’s Esther Awoniyi to discuss the key features of Nigeria’s Finance Bill 2020.</p>


Nigeria approves draft Finance Bill 2020 – what you need to know

<div style="max-width: 100%;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6198732393001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Proceedings are underway as Nigeria’s President Muhammadu Buhari, is presenting the 2021 appropriation bill to a joint session of the National Assembly today. Lawmakers earlier approved the 2021 to 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa’s Kenneth Igbomor for this conversation.</p>


Buhari presents Nigeria’s 2021 budget to lawmakers

PwC Nigeria: This is how the Common Reporting Standards affects Nigerians

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6180168194001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>On the 8th of May 2017, Nigeria&#8217;s Senate President inaugurated a Technical Advisory Committee to review the Companies and Allied Matters Act. Last Friday, President Muhammadu Buhari signed the act into law to replace the 30-year-old Companies and Allied Matters Act of 1990. Joining CNBC Africa to discuss what this means for doing business in Nigeria is Tinuade Awe, Executive Director of the Regulation Division of the Nigerian Stock Exchange and Taiwo Oyedele, Partner and West African Tax Leader at PwC.</p>


What the newly signed CAMA bill means for doing business in Nigeria

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6166888553001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>A survey by the Nigerian Economic Summit Group shows low tax morale among Nigerians as over 80 per cent of individuals and nearly 70 per cent of businesses believe that tax evasion is either not wrong at all, or that it is wrong but understandable. Only a few believe that tax evasion is wrong and punishable. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for more.</p>


How to change the narrative on tax evasion in Nigeria

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6154620800001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s economy faces a double threat from the coronavirus pandemic and lower oil prices. With almost 3000 confirmed Covid-19 cases in Nigeria, Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa to explore how Nigeria can cope with the strain on the revenue targets.</p>


COVID-19: What are Nigeria’s revenue options?

<div style="max-width: 700px;">
  <video-js
    data-account="1571595826001"
    data-player="c0AOssA7"
    data-video-id="6149954639001"
    data-embed="default"
    controls=""
    data-application-id=""
    class="vjs-fluid"></video-js>
</div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Nigeria’s Presidential Enabling Business Environment Council has put the implementation of the National Action Plan 5.0 on hold due to the COVID-19 pandemic. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa to discuss the implication of this and explore Nigeria’s revenue options in the face of dwindling oil prices and the coronavirus pandemic.</p>


COVID-19 & low oil prices dent Nigeria’s public finances

<div style="max-width: 700px;">
  <video-js data-account="1571595826001" data-player="default" data-video-id="6129191201001" data-embed="default" controls="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="//players.brightcove.net/1571595826001/default_default/index.min.js"><br />
</script><br />
The implementation of Nigeria’s finance act kicked off on the first of February. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for more.</p>


Nigeria’s Finance Act: How will this affect citizens and consumer markets?

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6116424173001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Nigeria&#8217;s Senate President told journalists in Abuja that the Senate will approve President Muhammadu Buhari&#8217;s $29.9 billion loan request. Meanwhile, Nigeria&#8217;s President is expected to sign the 2020 appropriation bill into law. This comes as Nigeria&#8217;s Statistics Office records another uptick in headline inflation for the month of November. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for a recap of Nigeria&#8217;s revenue drive this year.</p>


Senate to approve Buhari’s $29.9bn loan request: What impact will this have on Nigeria’s economy?

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6098468728001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Nigeria&#8217;s Federal Inland Revenue Service (FIRS) says it generated just over N4 trillion in the first 9-months of the year. But the agency&#8217;s N8.5 trillion revenue target for next year, has led to the introduction of some initiatives that have stirred up mixed reactions. Partner and West Africa Tax Leader at PwC Nigeria, Taiwo Oyedele joins CNBC Africa to assess the implications of recent initiatives.</p>


Nigeria’s revenue drive creating mixed reactions amongst economic classes

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6074423319001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Nigeria&#8217;s Federal Inland Revenue Service says it recorded 5.3 trillion naira in tax revenues for 2018. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa to assess some recent developments in the tax space.</p>


Assessing Nigeria’s revenue collection drive

<div style="max-width: 700px;"><video-js data-account="1571595826001" data-player="default" data-embed="default" controls="" data-video-id="6063849988001" data-playlist-id="" data-application-id="" class="vjs-fluid"></video-js></div>
<p><script src="https://players.brightcove.net/1571595826001/default_default/index.min.js"></script></p>
<p>Stockbrokers will now charge 5 per cent VAT on transactions on the Nigerian Stock Exchange (NSE) as the five-year Order for Exemption of VAT on all NSE transactions expires. So what are the implications? CNBC Africa’s Christy Cole is joined by Managing Director of Capital Bancorp, Aigboje Higo, partner &#038; West Africa Tax leader at PwC Nigeria, Taiwo Oyedele, Executive Chairman of FIRS, Babatunde Fowler and Chief Equity Analyst of Palesa Capital, Nornah Awoh for more.</p>


NSE to re-introduce 5% VAT on transactions as waiver expires

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6003881232001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Taiwo Oyedele, Partner and West Africa Tax Leader at joins CNBC Africa to assess the cost of Nigeria&#8217;s election cycle on taxpayers as we build up to Nigeria&#8217;s elections this weekend.</p>


Assessing the tax burden of Nigeria’s election cycle on taxpayers

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5971503876001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Kogi State Internal Revenue Service shut down some telecommunications facilities in the state over unresolved taxes and levies. Taiwo Oyedele, Partner and Head of Tax Regulation at PWC Nigeria joins CNBC Africa to discuss this development and discuss the tax system in Nigeria’s telecommunications sector.</p>


Taiwo Oyedele

Addressing West Africa’s rising debt profile

PwC Nigeria: Here’s what you should know about Nigeria’s Finance Act

How Nigeria plans to fund its 5 trillion-naira budget deficit

Nigeria approves draft Finance Bill 2020 – what you need to know

Buhari presents Nigeria’s 2021 budget to lawmakers

PwC Nigeria: This is how the Common Reporting Standards affects Nigerians

What the newly signed CAMA bill means for doing business in Nigeria

How to change the narrative on tax evasion in Nigeria

COVID-19: What are Nigeria’s revenue options?

COVID-19 & low oil prices dent Nigeria’s public finances

Nigeria’s Finance Act: How will this affect citizens and consumer markets?

Senate to approve Buhari’s $29.9bn loan request: What impact will this have on Nigeria’s economy?

Nigeria’s revenue drive creating mixed reactions amongst economic classes

Assessing Nigeria’s revenue collection drive

NSE to re-introduce 5% VAT on transactions as waiver expires

Assessing the tax burden of Nigeria’s election cycle on taxpayers

Understating tax regulation in Nigeria’s telecom sector

News Tips

Advertise With Us

Taiwo Oyedele

Addressing West Africa’s rising debt profile

PwC Nigeria: Here’s what you should know about Nigeria’s Finance Act

How Nigeria plans to fund its 5 trillion-naira budget deficit

Nigeria approves draft Finance Bill 2020 – what you need to know

Buhari presents Nigeria’s 2021 budget to lawmakers

PwC Nigeria: This is how the Common Reporting Standards affects Nigerians

What the newly signed CAMA bill means for doing business in Nigeria

How to change the narrative on tax evasion in Nigeria

COVID-19: What are Nigeria’s revenue options?

COVID-19 & low oil prices dent Nigeria’s public finances

Nigeria’s Finance Act: How will this affect citizens and consumer markets?

Senate to approve Buhari’s $29.9bn loan request: What impact will this have on Nigeria’s economy?

Nigeria’s revenue drive creating mixed reactions amongst economic classes

Assessing Nigeria’s revenue collection drive

NSE to re-introduce 5% VAT on transactions as waiver expires

Assessing the tax burden of Nigeria’s election cycle on taxpayers

Understating tax regulation in Nigeria’s telecom sector

News Tips

Advertise With Us

Newsletters