Business
RSUST, Diamond Bank To Partner On Managerial Ability
The Management of Rivers State University of Science and Technology (RSUST), Nkpolu, Port Harcourt said they are willing to synergise with Diamond Bank for managerial ability as dependable allies.
The Vice Chancellor of the university, Professor Barimene Fakae dropped the hint during a colloquium organised by the Faculty of Management Studies, Department of Management at the school’s Amphi-theatre, last Thursday.
Professor Fakae, who was represented by the Deputy Vice Chancellor, Professor Howell Hart said with the school attaining greater heights in educational career, such collaboration would help in research and other services and described the occasion as unique.
He said despite the high level of unemployment in the society, such synergy would be a stepping ground for the students of the department to acquire better and practical knowledge of the sector.
The Vice Chancellor disclosed that the Senate of the school had approved the re-introduction of appointing technocrats into the Board, adding that the move would further boost the academic prowess of the school, and lauded the initiative of the department, describing the theme of the colloquium, “Students-Industry Interface; Consolidating the Gown-Town Relationship,” as appropriate.
In his speech, the chairman of the occasion, Professor Augustine Ahiazu said the event would afford the students real life after their career, pointing out that it would give them an insight and motivation in preparation for the future.
Professor Ahiazu, who was represented by the chairman of Okrika Local Government Area, Hon Tamuno Williams described the occasion as apt with actualities in the industry with Diamond Bank to impact real life knowledge to them, admonishing that with hard work and determination, the sky would be their limit.
He later declared the colloquium open. In his speech, the Special Guest and Dean, Faculty of Management, Professor Sete Accra-Jaja hinted that they would mobilise the workforce to achieve desired results through efficient managerial life, adding that the colloquium was aimed at bridging the gap of managerial life after their career.
Professor Accra-Jaja enjoined the students to learn how to develop themselves, and build them emotionally for a healthy mind and body adding that energy management thinking can be solve through positive thinking as “Positive thinking is the panacea to achievement of goal.”
Also speaking, Diamond Bank Plc, Mr Joe Anaele charged the students to start designing their career with the information at their finger-tip and highlighted some benefits of saving with the bank.
Mr Anaele said the bank is also ready to partner with the students to enable them have interest in their career in mostly accounting and thanked the orgnisers of the colloquium for a job well done.
Earlier, the Head of Department, (HOD) Department of Management, Dr Isaac Zeb-Obipi in his proloque said the colloquium was an academic exercise involving experts to widen their scope of knowledge as it was aimed at bridging the gap between the students and the industry.
Dr Zeb-Obipi said it would further enable the students to interface with professionals in management outside their school environment and have a practical knowledge of the sector, rather than theory and expressed optimism that the students would be better acquainted with the practicals at the end of the day.
He thanked all for making the occasion a huge success and recalled a similar occasion that was held in 2010 by the Chartered Institute of Management.
lectures presented at the occsasion include, “Employers Expectations of potentials graduates; imperatives for young graduates,” “Developing a successful career, starting point is now,” and overview of Nigerian Labour Laws; important knowledge for potential employers and employees,” with chief Chris Biriowu as Guest Speaker.
Business
Wealth Creation: GCPBS Convenes Strategic Investment Workshop In PH
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.
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