Nigeria, Sept. 17 -- Reading Renewed Hope in Central Banking by Rahma Olamide Oladosu is both refreshing and enlightening. At 133 pages, the book compiles 26 essays originally published in Economic Confidential and it provides a rich, accessible analysis of Nigeria's monetary reforms and the evolving role of the Central Bank of Nigeria (CBN) under Governor Olayemi Cardoso. It is a work that not only documents but also explains and interprets one of the most complex aspects of Nigeria's economic life - how central banking decisions shape the financial stability of an entire nation.

For years, Nigerians have struggled to make sense of economic policies: the shifts in foreign exchange reforms, fluctuations in interest rates, and the seeming...