Business
Ogogoro: Dog Meat Biz Still Booms In FCT
Dealers in dog meat at
the Ushafa Bridge in Bwari, FCT, say that media reports about people who died from consuming dog meat and local gin will not deter them from doing their business.
The traders spoke in separate interviews with our correspondent yesterday in Bwari.
The tragedy was said to have happened in Woji Obio/Akpor council area in Rivers State.
One of the dealers, Mr Naboth Zachariah, told our correspondent he had never received any complaint from his customers since he started the business in 2013.
Zachariah, who hails from Kaduna State, said although the story generated anxiety and apprehension among people in the community, he was bent on continuing with the business.
“The story is not affecting me; people buy dog meat every time; they said it was due to the spirit ‘ogogoro’; I think that is what killed them.
“So, it is not that dog normally has anything; because I have been selling it here for a while and nobody complained to me about sickness.
“I buy it; I kill and sell it every day; sometimes we sell up to five dogs every day.
“The other people have already finished selling theirs; it is because I did not kill mine early today that my product has not finished.”
Another bush meat seller, Mrs Esther Emmanuel, expressed optimism that the dog meat story would not affect her business.
According to her, the dog meat story is similar to the Ebola Virus Disease outbreak.
She, however, said that she would continue with her bush meat business.
“I sell bush meat; I don’t know about dog meat; but during the Ebola regime, people were deceived to think it will kill them when they eat the meat. We still sell bush meat; I still sell now the way I used to sell the meat before.
“The business is moving I sell all my products in a day; I will buy another one and cook it to sell.
“The business mostly thrives on Saturdays and Sundays as against week days.”
She, however, advised people to always examine bush meat they buy before consumption, to avoid health complications.
According to her, such complications often occurred through the consumption of animals that died from poisoning.
“Therefore, people need to be cautious before eating them,’’ she said.
According to her, the regular demolition of the bush meat spot is the only challenge to the growth of the business in the area.
She, therefore, appealed to the Bwari Area Council authority to build a befitting market where people could legitimately engage in bush meat and dog meat trade, in order to attract fun seekers and promote business growth.
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.
