Business
RSUST Post-JAMB Test VC Allays Computer Fears
The authorities in the Rivers State University of Science and Technology (RSUST) have dispelled fears over the new computer test it introduced for its post University Matriculation Exams.
Vice Chancellor of the institution, Prof Barineme Fakae in a telephone chat with The Tide said the computer test was introduced by the school to check malpractice and paper leakages.
Asked whether the test would not be expensive for the student, Prof Fakae said , “it is expensive for us but for the students it is cheap. No student is paying anything.
He submitted that the computer exams was introduced to raise the e’ capacity profile of the university, especially at a time when computer literacy has become a big challenge in high institutions across the country.
Prof Fakae also argued that the exams would aid the applicants in computer knowledge as well.
But while some of the students who applied for the post-Jamb say it would not allow them to be proficient in answering the questions, the VC responded,” you don’t need to know computer. All you need to know is to press the computer and you even need to know how to type”.
The RSUST vice chancellor believed that the computer test has equally checked corruption”, you remember before this time they use to pay N4,000 and N2000 but this time we only asked them to pay just a N1000″.
However, a cross section of students who spoke to the Tide over the development said the computer test was not easy to handle, stating that time allotted was also short.
The Tide investigations reveal that the test was also a way to cut down the number of intakes following National University Commission’s directives on schools not to admit beyond their capacity.
Last year, it was learnt that the Rivers State owned institution absorbed about 2,000 students in umerited admissions.
Meanwhile, the Joint Admission and Matriculation Board (JAMB) is in lock ahead with universities over the post JAMB tests. The body believes its exams should be the final entrance requirement for admissions..
But universities have refused, saying that they need to screen their in-takes before admission.
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.
