The Central Bank of Nigeria, CBN, has restated its commitment to transparency and accountability in the nation’s financial sector.
The Yemi Cardoso-led government bank says the reintroduction of key economic reports is carefully designed for the purpose of ensuring international best practices in the sector.
The apex bank, in a statement issued by the Acting Director Corporate Services, Sidi Ali said the reports will give first hand and timely information to stakeholders of what is happening in the nation’s financial sector, adding that Nigerians have the right to knows what’s happening in the economy.
The reports, the bank said, include the Purchasing Managers’ Index, PMI, Business Expectation Survey, BES, Inflation Expectation Report, and other critical macroeconomic indicator
The statement said, “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.”
These reports will be periodically released on the CBN’s official website, making them accessible to the public, policymakers, and the business community, the Cardoso-led apex bank said.
