Business
NURTW Warns Members Against Political Thuggery
The National Union of
Road Transport Workers (NURTW) has called on members to be good ambassador of non-violence elections rather than being used as political thugs.
The National President of the Union Alhaji Najeem Yasin, in an interview with our correspondent in Lagos, said members should at all times put up their best behaviour.
Yasin said transporters were professionals like medical doctors. lawyers and pilots whose professions affects the lives of people.
“We are very important stakeholders in the growth of the economy of this nation, so we should see ourselves as ambassadors to promote good governance by promoting peaceful elections.
“Our profession can make us millionaires, we should not be used as thugs and be dumped to pay dearly later for our greed. We are responsible citizens of Nigeria and we should show it.
“Gone were the days when transport operators were seen as second citizens, we have graduates as well as masters degree holders in the profession, and we should be respected as professionals and not miscreants,” he said.
Alhaji Tajudeen Agbede, Lagos State Chairman of the Union, told our correspondent that members have been called upon at various meetings at different points to collect their Permanent Voter Cards (PVCs).
Agbede said that the card was their right to vote in leaders that would recognise the input of the unit in the progress of the state and the nation.
The chairman supporting the president’s view, stressing that members should face their job rather than being used as political thugs.
“Our profession is a risky one, we should do it diligently rather than cut our lives short in the cause of unnecessary thuggery,” Agbede said.
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.
