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Report: Tax Obligations, COVID-19 Impact, Forex Worry CFOs


Dike Onwuamaeze
Chief Financial Officers (CFOs) of top Nigerian corporate organisations have stated that foreign exchange (forex) availability, taxation and the impact of COVID-19 are their three major sources of concern in managing the finances of their respective organisations.
They expressed these views in the KPMG Nigeria 2021 CFO Outlook Survey (Half Year Review, June 2021), which also identified security, infrastructure and power as top three matters government should address to enhance ease of doing business, stimulate economic growth and improve public trust in the country’s economy.
The sectors covered by the survey included financial service, energy and natural resources, technology, media and telecommunications, consumer and industrial markets, infrastructure, government and healthcare among others. ....

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