The Central Bank of Nigeria (CBN) has announced the reintroduction of several key economic reports, a move aimed at providing both international and local investors with accurate and timely information on the country’s economic indicators. This decision, endorsed by CBN Governor Yemi Cardoso, is part of the bank’s efforts to enhance transparency and support informed decision-making within the economic sector.
In a statement released on Tuesday by the Acting Director of Corporate Communications, Sidi Ali Hakama, the CBN confirmed that the reports would include the Purchasing Managers’ Index (PMI), Business Expectation Survey (BES), Inflation Expectation Report (IER), and other vital macroeconomic indicators.
The statement highlighted that these reports are crucial tools for assessing the health of various sectors, including manufacturing, services, and agriculture. By offering insights into the perceptions and outlooks of both businesses and households, the CBN aims to provide a clearer understanding of Nigeria’s economic climate.
The initiative is part of a broader data enhancement effort by the CBN to ensure that the public, policymakers, and the business community have access to essential economic data. The reports will be periodically released on the CBN’s website, making them easily accessible to all interested parties.
The CBN has encouraged economists, analysts, investors, the media, and the general public to utilize these reports for a more comprehensive understanding of Nigeria’s economic dynamics, ultimately fostering a more inclusive economic discourse.
News Editor 
Hyelsinta Hassan