Business
Amaechi Assures Land Owners Of Cof O
Rivers State Governor, Rt Hon Chibuke Amaechi says duly
signed land titles and Certificates of Occupancy on lands in the state would be
released 30 days after submission of requisite documents.
Governor Amaechi stated this yesterday when he received
members of the National Council of the Nigerian Institution of Estate Surveyors
and Valuers at Government House, Port
Harcourt.
Represented by his Deputy, Engr Tele Ikuru, Governor Amaechi
said that the experiences whereby signed land titles were not received many
years after application would now be a thing of the past, charging those
seeking Certificates of Occupancy on their property to ensure that they submited
all the necessary papers to the state land office. He assured that 30 days
after submission, they would have the title fully signed.
Earlier in his address, the National President of the
Institute, Mr Emeka Eleh, had told the governor that they were in the state to
hold the national council meeting of the body, and that Port Harcourt was
chosen to host the meeting as an endorsement of the efforts of the government
at providing functional infrastructure for the people.
Mr Eleh said that land is wealth, and as such its proper
management is very crucial to the people, calling on the government to
constitute the State Land Use Allocation Committee to ensure proper land
allocation and management of resources as a means of creating wealth for the
people
Meanwhile, the Rivers State Government has rolled out a
number of activities lined up to mark the nation’s 52nd Independence
Anniversary celebration.
The schedule of activities, signed by the Chairman,
Anniversary Central Planning Committee, Sovens Okari, indicated that there
would be a Juma’at service at the 2 Brigade Central Mosque, Bori Camp, Port
Harcourt at 1pm today.
The statement further indicated that an interdenominational
church service at Christ Church Interdenominational, Old GRA, Port Harcourt
would hold Sunday at 10am.
Sovens, who is also Permanent Secretary in the office of the
Secretary to the Rivers State Government, stated that the Independence
Anniversary parade would commence on Monday at 10am with the Governor, Rt Hon
Chibuike Rotimi Amaechi as special guest of honour, adding that the event would
take place at the Liberation Stadium, Elekahia.
He advised all schools and organisations taking part in the
parade to arrive the venue at 7am before commencement of the opening
formalities.
According to the programme of activities, the events will be
rounded off with a cock-tail party same day at 7pm at the Banquet Hall of
Government House, Port Harcourt, with Governor Amaechi as special guest of
honour.
Traditional rulers, community leaders, voluntary organisations,
religious organisations, youth bodies, labour unions and captains of industry,
are encouraged to be clad in the traditional Green-White-Green national colour
outfits, in the letter and spirit of the Independence Anniversary celebrations,
the statement added.
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.
