The Central Bank of Nigeria (CBN) has announced the reintroduction of several key economic reports as part of its efforts to foster transparency and accountability in the Nigerian economy.
The reports, which include the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), and the Inflation Expectation Report, are expected to provide stakeholders with timely and accurate insights into the country’s economic performance.
In a statement signed by Ag Director, Corporate Communications Mrs. Hakama Sidi Ali on Friday, the CBN emphasized that these reports are crucial tools for policymakers, businesses, and the public in understanding the economic landscape of Nigeria.
According to the statement, “These reports, including the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other macroeconomic indicators, will provide stakeholders with timely and accurate insights into the country’s economic performance.”
The reintroduction of these reports is part of the CBN’s ongoing data enhancement initiative aimed at ensuring that the public and the business community have access to essential economic indicators.
The statement noted that, “The reintroduction of these reports, part of the ongoing data enhancement initiative within the CBN, aims to ensure that the public, policymakers, and the business community have access to essential economic indicators.”
The CBN also highlighted that the reports would be periodically released on its official website, making them easily accessible to all.
The Bank urged economists, analysts, investors, and the general public to utilize these reports to gain a more comprehensive understanding of Nigeria’s economic dynamics, thereby contributing to a more informed and inclusive economic discourse.
