The role of a central bank in any modern economy goes far beyond setting interest rates, supervising banks, or managing reserves.

The recent partnership between the Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) to combat electronic fraud has sparked fresh optimism.

Aliko Dangote, President of the Dangote Group, has announced that the expansion of the Dangote Petroleum Refinery to a capacity of 1.4 million barrels per day will generate employment for about 95,000 skilled workers at peak construction.

The Nigeria Revenue Service (NRS) has dismissed reports claiming that the Federal Government will introduce a new vehicle tax effective July 1, 2026.

That is why the recent visibility of the Central Bank of Nigeria under Governor Olayemi Cardoso deserves serious attention.

President of the Dangote Group, Aliko Dangote, has called for urgent investment in local manufacturing and power infrastructure, stressing that Nigeria must design and build what it consumes to achieve economic independence.