Business
United Airlines Expands Operational Routes
A fast growing indigenous carrier, United Nigeria Airlines, is taking a giant stride to expand its operations, as it is set to open a new airline route connecting Kano State with Sokoto State in December, among other steps.
The Chief Operating Officer of the airline, Mazi Osita Okonkwo, in a statement made available to newsmen on Friday, said the company has concluded plans to expand its operations to unite the northern part of the country with the opening of offices in Kano and Sokoto states.
According to the release, the Kano and Sokoto routes opening is coming amid plans to also connect Edo, Plateau, and Borno States with the arrival of more aircrafts.
“The Kano and Sokoto offices of the airline will operate at the Mallam Aminu Kano International Airport and the Sultan Abubakar International Airport.
“Already, plans are in top gear for the inaugural flight to the two airports planned to take place between December 1 and December 2, 2023”, he stated.
Okonkwo further explained in the statement with that the airline was interested in uniting Nigerians across more cities in the country.
“The expansion of flight services to Kano and Sokoto, with a further vision for Edo, Plateau, and Borno States is part of the strategic plans of the company to unite Nigerians and offer them more options for air travel.
“With the expansion of air transport services to the north, Nigerians would have more options to connect with more cities, their loved ones, and businesses in safety and in comfort.
“We shall soon commence scheduled flight operations to Kano and Sokoto, and already, we have put support infrastructure on the ground at the airports to facilitate this vision.
“Our mission is to expand the travel options available to Nigerians so that more people can travel by air.
“This will enhance connectivity between Nigerian cities, and families as well as enhance economic activities. Ours is to make sure that Nigerians travel in safety and in comfort across cities where we have already taken our services.
“As you know, with Kano and Sokoto on our schedules, we look forward to bringing Plateau and Borno states on board, just as we are also putting up infrastructure to make sure that Edo State is also connected through the Benin airport”, he stated.
By: Corlins Walter
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.
