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CBN reintroduces key economic reports to enhance transparency

The Central Bank of Nigeria (CBN) on Tuesday announced the reintroduction of some crucial economic reports as part of its ongoing data enhancement initiative.

According to a statement by its Acting Director of Corporate Communications, Sidi Hakama, the move underscores the bank’s commitment to improving transparency and accountability in Nigeria’s economic management.

The reintroduced reports include the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report, and other significant macroeconomic indicators.

These reports are designed to offer timely and accurate insights into the country’s economic performance, providing valuable information for stakeholders including policymakers, businesses, and the general public.

The PMI will offer a snapshot of the manufacturing, services, and agricultural sectors, while the BES and Inflation Expectation Report will shed light on business and household expectations.

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