The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports.
CBN’s spokesperson, Sidi Ali Hakama, disclosed this in a statement on Tuesday.
The economic reports include the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other macroeconomic indicators.
Hakama said the reports will provide stakeholders with timely and accurate insights into the country’s economic performance.
“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,” said Hakama.
“The PMI, which assesses the health of the manufacturing, services, and agricultural sectors, along with the business and household expectations reports, are crucial tools for understanding Nigeria’s economic climate. These reports offer valuable insights into the perceptions and outlooks within the business and household sectors, respectively.”
She added that the initiative is part of the Bank’s broader efforts to enhance transparency, promote informed decision-making, and support economic growth.
According to her, the reports will be periodically released on the Bank’s website (www.cbn.gov.ng) to ensure that they are easily accessible to all.
CBN, however, encourages economists, analysts, investors, media, and the general public to use these reports to gain a more comprehensive understanding of Nigeria’s economic dynamics.
