The Central Bank of Nigeria has announced the reintroduction of several key economic reports, including the Purchasing Managers’ Index, Business Expectation Survey, and Inflation Expectation Report, in a bid to enhance transparency and accountability in the nation’s economy.
According to a statement by the Acting Director of Corporate Communications at CBN, Sidi Ali, the move is part of the CBN’s ongoing data enhancement initiative.
ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!
The reports, which will be periodically released on the CBN’s website, will provide stakeholders with timely and accurate insights into Nigeria’s economic performance.
“These reports offer valuable insights into the perceptions and outlooks within the business and household sectors, respectively.
This initiative is part of the Bank’s broader efforts to enhance transparency, promote informed decision-making, and support economic growth,” the statement said.
The CBN encouraged economists, analysts, investors, the media, and the general public to utilize the reports to gain a deeper understanding of Nigeria’s economic dynamics and foster a more inclusive economic discourse.
Leave a comment