Business
NIESV Partners RIVPOLY On Manpower Dev
As part of efforts to ensure that quality manpower is
produced at the Rivers State Polytechnic Bori, especially in the Estate
Management Department, the Nigerian Institution of Estate Surveyors and Valuers
(NIESV) has affirmed that it will partner with the authorities of the
institution to ensure the delivery of that goal.
Speaking during a visit to the polytechnic in Bori, the
president of NIESV, Mr Emeka Eleh stated that they were in the polytechnic to
interact with and encourage the staff and students on getting the best in their
careers.
The NIESV president in company of the first vice president
of the institution, Mr James Omeru and the Rivers State branch chairman, Mr
Emma Okas Wike, who led other national and state executive members and their
entourage to the polytechnic last Thursday said that they were in Port Harcourt
for their national council meeting.
Mr Eleh urged the students during his interaction with them
to ensure that they do the right things so as to get the best in their chosen
estate management profession, and pointed out that the future of the profession
rests with the students.
The NIESV boss on behalf of the organisation, donated books
and journals to the school as part of their support to qualitative training of
students, adding that such gesture will be sustained both in the polytechnic
and other recognised institutions.
In his response, the Rector of the polytechnic, Sir Obianko
Worlu Elechi expressed appreciation to NIESV for the visit and for the donation
made to the school and pointed out that the polytechnic aims at following
prescribed standard.
He said that the polytechnic will invite the Nigerian Board
for Technical Education (NBTE) to inspect its facilities of the HND programme
in Estate Management and solicited the support of NIESV to enable the
institution achieve the goal.
Earlier on Thursday, the NIESV members paid a courtesy visit
on the Rivers State governor, Rt. Hon. Chibuike Amaechi at Government House in
Port Harcourt to intimate him on their purpose of being in Port Harcourt.
The governor who was represented by his Deputy, Engineer
Tele Ikuru received the members and declared them Ambassadors of Rivers State.
Later in the day, the estate surveyors boss also
commissioned the institution’s temporary secretariat at Stadium Road, which he
said will make the administration of the branch easier, as well as visited
offices of some members.
Corlins Walter
Banking/ Finance
Ripple Survey Reveals Appetite for Digital Assets
Cornerstone of Financial Services
A survey of more than 1 000 global finance leaders undertaken by digital payment network Ripple shows that 72% of respondents believe they need to offer a digital asset solution to remain competitive.
According to Ripple, leaders from the banking, fintech, corporate and asset management sector have made it clear that the “digital asset revolution is happening now”.
“Digital assets are quickly becoming a cornerstone of financial services, underpinned by progressive regulation, growing interest from Tier-1 banks, a steady consumer shift from banks to fintech providers, and booming stablecoin adoption,” Ripple says.
The survey was conducted in early 2026 and the findings released in March.
Stablecoin Boon or Bane?
Ripple has experienced significant success in the stablecoin sector since launching its Ripple USD (RLUSD) stablecoin in 2024.
With a market cap of $1.56 billion, it is considered a major regulated player in the market.
No doubt the platform was pleased to learn through its own survey that financial leaders were most bullish about stablecoins.
Roughly three-quarters of respondents believed they could boost cash-flow efficiency and unlock trapped working capital.
Ripple noted that finance leaders were thinking about stablecoins as more than “just a new way to execute payments”; instead, they viewed them as effective tools for treasury management.
In March 2026, Ripple began testing a new trade finance model built around RLUSD in a bid to increase the speed of cross-border payments.
The pilot initiative, developed alongside supply chain finance company Unloq [https://unloq.com], is running on the XRP Ledger inside a testing framework developed by the Monetary Authority of Singapore.
The Asian city-state is one of the platform’s biggest growth markets.
The idea behind the project is to see whether stablecoin-based settlement can streamline trade finance, too often hampered by reliance on intermediaries and slow reconciliation.
The only potential drawback is that if the initiative takes off, the Ripple to USD price could be negatively affected.
Ripple has always championed its native XRP token as a bridge asset, the “middleman” in the process of a financial institution turning dollars in the US into pounds in the UK, for example.
Ripple converts dollars into XRP and then back into pounds.
If RLUSD can do exactly the same thing, questions will be asked about XRP’s relevance.
That is a bridge Ripple will have to cross if it gets to that point.
Tokenisation Partners
Another interesting finding from Ripple’s survey is that most banks and asset managers are seeking tokenisation partners to help execute their strategies.
Some 89% of respondents said digital asset storage and custody were top priority. “Token servicing/lifecycle management also ranks highly for banks at 82%, while asset managers place greater emphasis on primary distribution at 80%,” Ripple found.
The survey also revealed that just more than half of fintechs and financial institutions want an infrastructure provider that can offer a “one-stop-shop solution”. This rose to 71% among corporate financial leaders.
Ripple attributes this to institutions and firms wanting uncomplicated, cohesive systems.
Infrastructure Rules
In its final analysis, Ripple says companies across the board are looking for partners and solutions that are “secure, compliant, battle-tested and that enable growth and execution”.
“The message is clear: infrastructure decisions made today will shape competitive positioning tomorrow.”
No surprise that this is precisely where Ripple is placing much of its focus.
