The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian economy.

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 countrys economic performance, the apex bank said in a statement issued on Tuesday, August 13, 2024.

According to the statement signed by Hakama Sidi Ali (Mrs.),CBNs Ag. Director, Corporate Communications, 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 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 Nigerias economic climate. These reports offer valuable insights into the perceptions and outlooks within the business and household sectors, respectively. This initiative is part of the Banks broader efforts to enhance transparency, promote informed decision-making, and support economic growth.

The reports will be periodically released on the Banks website (www.cbn.gov.ng), ensuring that they are easily accessible to all. The CBN encourages economists, analysts, investors, media, and the general public to use these reports to gain a more comprehensive understanding of Nigerias economic dynamics, thereby fostering a more inclusive economic discourse.