Andersen Nigeria’s Podcast

Business restructuring emerges as a critical tool for navigating these turbulent times. By optimizing operations, reducing costs, and adapting to changing market conditions, businesses can enhance their chances of long-term success. This published article explores business restructuring as a strategic imperative for building resilience during challenging times.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article highlighted some factors affecting effective TP compliance by taxpayers and the process and impact of operationalising TP as a means to help tackle these issues.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article discusses Artificial Intelligence and its privacy risks. We also offer some recommendations about the ethical use of AI to ensure data privacy compliance in line with the provisions of the law.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

An employer’s tax and other regulatory compliance obligations concerning its workforce or employees are defined by the nature of the relationship or contract with the latter. In practice, some employers have neglected these obligations when the workforce is engaged as contract workers or consultants. Will this be deemed non-compliant considering the common law doctrine of substance over form? What are the tax compliance obligations for local and foreign employers of the workforce in Nigeria considering the various forms of workforce contracts? This published article aims to shed light on these relationships and the resultant obligations in order to avoid potential consequences that typically arise from non-compliance.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This article focuses on the recent transformation of TCN into the NISO and the TSP, the potential opportunities the unbundling presents for enhancing operational efficiency and grid reliability and the key things to consider prior to the conclusion of the transfer.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article discusses the need effective internal control to ensure business continuity and investment security, ensure the accuracy and reliability of financial reporting, and promote compliance with laws and regulations.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

As businesses continue to expand their reach and significantly increase their use of technology, the risks must be weighed against the benefits of technology usage. Increased exposure to cyberattacks and data breach incidents necessitate improved measures to combat these issues and mitigate the resulting risks from these incidents. This public article considers the evolution of the Act, issues around legality and its implementation and subsequent suspension.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article delves into the complexities of the Nigerian power sector, analyzes the implications of the tariff increase, and explores potential pathways to address the sector’s persistent challenges.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article examines the operations of the Electronic Money Transfer Levy (EMTL) since its commencement in 2020, its contributions to Nigeria’s financial environment, and the overall impact on the Nigerian economy.Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook

This published article discusses the recent migration of transfer pricing (TP) filings and Country-by-Country Reporting (CbCR) notification forms from the electronic TP platform (e-TP Plat) to the TaxPro Max platform by the Federal Inland Revenue Service (FIRS) in Nigeria. Taxpayers are granted until 30 June 2024 to complete any outstanding filings on the new platform. Thanks for listening! Follow us on LinkedIn and Twitter or find us on Facebook