Nine Nigerian banks raked in a combined interest income of N14.26 trillion in 2024, an analysis of the audited financial results of the financial institutions shows. As the banks made trillions of naira from the interest on loans given to customers during the review period, manufacturers counted their losses, groaning under the weight of soaring borrowing costs totalling N1.3 trillion …

Penultimate Wednesday, all roads led to Chrisland University, Abeokuta as my friend and brother, Prof. Babafemi Adesina Badejo delivered his inaugural lecture as Professor of Political Science and International Relations. Badejo’s inaugural lecture stood out for at least two reasons: It was the first in the university founded in 2015 and the topic was just one word, “Interests”. Quite captivating …