Business
NBA Advises Gombe Assembly On Child Rights Act
The Gombe State chapter of the NBA, has advised the state’s House of Assembly to enact the Child Rights Act, considering diversity, cultural and religious backgrounds of the state.
Chairman of the Association, Mr. Luka Haruna, gave the advice in an interview with newsmen in Gombe Tuesday.
He said it was the responsibility of the legislature to ensure that various laws for the good governance of the state were enacted.
“I advise them they should currently look into this particular law because it affects the teeming youths and the younger generation who will come to be the leaders of this country subsequently.
“In enacting the law for Gombe State, I think the House of Assembly should consider the diversity, cultural background, moral background and religious background of this particular entity and fashion a law to design the purpose for the people here.’’
According to him, enacting the law will protect the interests of the children; they will have quality education, health care and moral upbringing in the state.
He also advised the legislature to take a cue from states that had already enacted the law and added that its acceptance was assured in Gombe State.
“The acceptability of the law is gradual process; once we have the law in place, then its applicability and its acceptance will come to stay gradually.
“But at the moment so many parents think it’s giving right to children to misbehave anyhow; while on the other hand without the law, the right of the children are being constantly and frequently abused which negates their own fundamental right here.
“So acceptance is a different thing while having the law is another ball game.’’
Haruna also called on the people of the state to look into the issue critically and look at the condition of the children in the state, adding that if the state assembly refused to act, the bar would certainly take the initiative to ensure that the law came into being.
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.