CBN re-introduces Publication of Key Economic Reports

cover, Financial Markets

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 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. 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. This initiative is part of the Bank’s broader efforts to
enhance transparency, promote informed decision-making, and support economic growth.
The reports will be periodically released on the Bank’s 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 Nigeria’s economic dynamics, thereby fostering a more inclusive economic
discourse.
Hakama Sidi Ali (Mrs.)
Ag. Director, Corporate Communications
August 13, 2024