The Central Bank of Nigeria (CBN) has reintroduced the publication of a number of key financial studies.
CBN, in a press release on its official X deal with and signed by its Performing Director, Company Communications, Sidi Ali Hakama, on Tuesday, stated the initiative is a part of its broader efforts to boost transparency, promote knowledgeable decision-making, and help financial progress.
The apex financial institution additionally reaffirmed its dedication to fostering transparency and accountability within the Nigerian economic system.
It additional famous that the studies – the Buying Managers’ Index (PMI), Enterprise Expectation Survey (BES), Inflation Expectation Report and different macroeconomic indicators will present stakeholders with well timed and correct insights into the nation’s financial efficiency.
“The reintroduction of those studies, a part of the continuing information enhancement initiative throughout the CBN, goals to make sure that the general public, policymakers, and the enterprise group have entry to important financial indicators.
“The PMI, which assesses the well being of the manufacturing, providers, and agricultural sectors, together with the enterprise and family expectations studies, are essential instruments for understanding Nigeria’s financial local weather.
“These studies provide priceless insights into the perceptions and outlooks throughout the enterprise and family sectors, respectively,” the CBN stated.
The assertion additional acknowledged that the studies shall be periodically launched on the apex financial institution’s web site, making them simply accessible to the general public.
It inspired economists, analysts, buyers, media, and the general public to utilise these studies for a deeper perception into Nigeria’s financial dynamics, selling a extra inclusive financial dialogue.
The latest PMI report and enterprise expectation survey from the CBN have been issued on December 23, 2020.
