Recent happenings in the United States of America got me thinking; especially since the ascension to office, on Monday, January 20, 2025, as the 47th president of the United States of America, of Mr. Donald Trump. But more appropriately right from the party primaries and, later, the presidential campaign that pitted Trump, first against the then incumbent President Joe Biden, and later Vice-President Kamala Harris. Kamala became the Democratic candidate after Biden bowed to pressure from his own party to step aside from running. Right from his first minute in office, President Trump began to trump everything in sight, living up not just to his campaign promises but also to the meaning of his name!

As to the question of what's in a name, we must now answer, a lot! There is plenty in a name! Google says what’s in a name “means a name itself is not important, and the essence or true nature of something is more significant than what it is called; essentially, a label doesn’t define the thing itself. This phrase is commonly used to suggest that a name is just a convention and what matters is the substance behind it”. In other words, “what something is called can never fully capture the full meaning of what that something is”.

What’s in a name originated from William Shakespeare’s tragic play “Romeo and Juliet” where Juliet argued that the Montague family name, which was the source of conflict, was irrelevant compared to her lover, Romeo’s character. Juliet and everyone else were to find out later, and to their chagrin, that there was, really, something to a name!

To “trump” something means “to outdo, surpass, or get the better of that something”. To “trump” also means “to outrank or defeat someone or something, often in a highly public way” Does that fit into what President Donald Trump was, has been, is and promises to still be all the way? If you still think there is nothing to a name, ask the governor of Ondo State, Lucky Orimisan Aiyedatiwa!

As President Trump trumps everything and everyone in sight, I began to ask myself whether the US is still the democracy it is touted to be. This is, perhaps, the world’s longest-running modern democracy; a people that fought a war of Independence and made their hair-splitting “We hold these truths to be self-evident…” declaration in 1776 in a speech that has never stopped rousing the patriotic zeal and nationalistic fervour of peoples of all colour, in every clime, and through the ages!

Tell me, is the United States still a democracy - with one man, weilding a pen and hauling Executive Order as nuclear bombs right, left, and centre, re-writing history, shredding hallowed tenets, wilfully and whimsically redrawing borders, threatening to eliminate ancient landmarks, and holding everyone spell-bound? Where are America’s famed “strong institutions”? Where is its all-powerful Congress? What’s happened to the theory of separation of powers upheld so loftily by America? Where are the American people themselves, famous for defending their own freedoms and liberties?

Many are already comparing Trump with Adolf Hitler. Demagogues usually start by commanding popular appeal. Hitler dismantled German democracy and imposed his demagoguery and dictatorship through the ballot box and not by making a coup or revolution. The people at first support and hail but by the time they have seen enough to want to pull back from the edge of the abyss, it would have become too late to act.

Some other commentators have likened Trump to the USSR’s Mikhail Gorbachev whose goal was to make the Soviet Union great but his twin policies of “glasnot” and “perestroika” ended up achieving the very opposite of what he intended. Trump seeks to Make America Great Again but will he, like Gorbachev, end up achieving its direct opposite? If he cares to listen he would hear warnings that many of his policies are like a two-edged sword: as he cuts his intended adversaries, so also does he cut himself. You hit them; they hit you back. And because he fights on multiple war fronts at one and the same time, like Hitler perilously did, he forgets the lessons of history. Is he not making the same mistakes that led to Hitler’s downfall?

German philosopher, Georg Hegel, says: “The only thing we learn from history is that we learn nothing from history” Says George Santayana: "Those who fail to learn from history are often condemned to repeating its mistakes". On his own, Karl Marx says “History repeats itself, first as a tragedy, second as a farce” Tragedy or farce - which one do you think is trending with President Trump? Or is it both?

President Trump is fighting on more than two fronts. He is fighting both internal and external “enemies”. He is up in arms against millions of alleged illegal immigrants in his own country; in the process, he runs the risk of disrupting the smooth running of goods and services that will imperil many businesses and hike the cost of living for American citizens. He is threatening to seize countries, territories, and canals, some of which had existed ever before the birth of the US itself! Canada, Mexico, Panama, Palestine (Gaza) are on his radar. He is pulling the US out of international treaties, obligations, and organisations thereby endangering global peace and security.

One man is imposing policies and making decisions whose debilitating and deleterious consequences will be difficult to reverse or repair years, even decades, after he has left office. He has only four years to spend in the White House. The few days he has been there already looks like eternity!

President Trump does things that will be considered unthinkable even in some of the countries he arrogantly and derisively called shitholes. He wears vengeance and vendetta like a badge of honour; he sacks with relish those he branded as personal enemies, and hands over the country to the financiers of his electoral victory, not under the table but in the full glare of all. The things President Trump shoves down the throat of everyone - Americans and foreigners alike - baffle me. But will he get away with all of this?

Gains of centuries of struggle for a better America - and a safer world - have been wiped away with just a stroke of his pen, throwing the World Health Organization, UNICEF, USAID, the International Criminal Court and lots of other multilateral agencies into grief. He is opposed to the promotion of a safer environment for all. He has given notice he would exit arms treaties with Russia that have helped to starve off the prospects of a nuclear holocaust.

As we speak, the humanism of the United States stands threadbare - stripped by Trump's pen! But in every disappointment, they say, there is a blessing. The revelations coming out of Trump’s scrapping of USAID may be one of such for Nigeria.

Trump, the son of immigrants, is not just trumping everything; he is trampling them as well! To “trample” means “to tread on and crush; to treat with contempt”. That’s exactly what President Trump is doing right now to American citizens; some of whom, ironically, elected him as president. Hundreds of Nigerians have been deported on his orders. That is what he is also doing to alleged illegal immigrants. He has declared "war" on China, Canada, Panama, and Mexico.

The other day I watched the Canadian leader, Justin Tradeau, almost in tears as he roused his citizens to rise up as one man to the Trump challenge. Trump's threats alone are said to have already started “affecting business and household confidence” in Canada and Mexico. Little Panama, bracing up to suffer what it must, tries feverishly to reach accommodation with Trump over the Panama canal. Mexican President Claudia Sheinbaum has ordered retaliatory tariffs in response to any from Trump. Ordinary Americans, now stirring, are hitting the street with strindent anti-Trump rhetorics. China has announced its own retaliatory tariffs on US goods.

Isaac Newton’s third law of motion says action and reaction are equal and opposite. So we must expect reactions from everyone President Trump tramples. He has said even Europe and the United States’ NATO allies will not be spared.

In a sense, there is a way Trump’s bull in a chinashop may help to offload many of those who, customarily and for decades, rode on the back of the United States; now, they will be compelled to become more circumspect, be more responsible, be more responsive, and be more alive to their responsibilities. I hope Nigerians will be one such people. But if this does not teach Third World countries especially to look inward and become more self-reliant, nothing else will!

Now is the saying, there is no such thing as a free lunch, come alive practically before our very eyes!

Naija News reported that the President’s Special Adviser on Information and Strategy, Bayo Onanuga, disclosed this in a statement.

According to the statement, the President approved Dr Saviour Enyiekere’s appointment as Chairman of the National Assembly Service Commission for a five-year renewable term.

Until his appointment, Enyiekere, an environmental specialist, was the Deputy Chief of staff to the Senate President.

President Tinubu also approved the appointment of two commission members from each of the six geopolitical zones.

The 12 members are: Suleiman Othman Hunkuyi and Hon. Yusuf A. Yusuf Tabuka for North West, Aminu Ibrahim Malle and Alhaji Lawan Maina Mahmud for North East, Mark Hanmation Tersoo and Salihu Umar Agboola Balogun for North Central, Hon. Taiwo Olukemi Oluga and Hon. Afeez Ipeza-Balogun for South West.

Others are Hon. Nnanna Uzor Kalu and Festus Ifesinachi Odii for South East, and Patrick  Giwa and Mrs. Mary Ekpenyong for South-South.

The statement further added that each of the members of the commission shall hold office for a renewable period of five years.

“Like the chairperson, members of the Commission shall hold office for a renewable term of five years,” it stated.

[NaijaNews]

Spain’s High Court on Thursday said it had found former football federation boss, Luis Rubiales guilty of sexual assault for kissing Spain forward Jenni Hermoso without her consent.

The court set a fine of over 10,000 euros ($10,434.00), but acquitted Rubiales of coercion.

Recall that prosecutors had sought a prison sentence for Rubiales in a case that sparked a debate in Spain about sexism in women’s football.

However, the court in a statement today, said: “The ruling bans Rubiales from going within a 200-meter (656-foot) radius of Hermoso and from communicating with her for one year.”

Rubiales was accused of sexual assault for kissing Hermoso on the mouth in 2023.

The 47-year-old was also accused along with three other former soccer federation officials of attempting to then coerce her into saying the kiss, at the 2023 FIFA World Cup awards ceremony in Sydney, was consensual.

Rubiales eventually resigned three weeks after the scandal and was banned by FIFA for three years.

However, Hermoso had insisted she did not consent to the kiss while Rubiales denies wrongdoing and says it was consensual.

[DailyPost]

Former President Olusegun Obasanjo has advised former military President and Head of State, General Ibrahim Badamasi Babangida to expect diverse criticism of his new literary work – “A Journey in Service”.

He disclosed this on Thursday in Abuja while declaring open the public presentation of the book and fundraising for a presidential library to be built in Minna, Niger State capital.

Obasanjo, who was the chairman of the occasion commended the efforts of the former military tactician in writing the book, stressing that Babangida has not only contributed to history-making, he has contributed to documenting history.

He stated: “You have not only contributed to history, you have contributed documenting to history.

“It is an important part of our nation-building to keep accurate records. Please don’t be unduly worried about critics and put him down syndrome.

 He then advised Babangida to expect a wide range of criticism over the book.

According to him, “The book will be reviewed, read, quoted, praised and lambasted, and some will agree with you in part, and some will disagree with you in part, some may even wholly disagree with you. Why should you write the book? It is self-glorification. They will say. Controversy may even develop. It’s all good for you and good for the book and our nation-building process, the more praised and condemned the book is, the better because it means that it is being read.

 “Please don’t be unduly worried about critics and put him down syndrome. It may even be an indication of success but take note of objective criticism. You should expect a reaction galore. The reaction will be good, bad and ugly.”

[TheNation]

Former military Head of State, Ibrahim Babangida, on Thursday, expressed regret over the annulment of the June 12, 1993 presidential election, describing it the most difficult period of his life.

Babangida said this at the official launch of his memoir, ‘A Journey in Service,’ in Abuja.

He said, “Undoubtedly credible, free and fair elections were held in June, on June 12, 1993.

“However, the tragic irony of history remains that the administration that devised a near-perfect electoral system and conducted those near-perfect elections could not complete the process.

“That accident of history is most regrettable. The nation is entitled to expect my impression of regret.

“As a leader of the military administration, I accept full responsibility for all decisions taken under my watch.”

He added, “And June 12 happened under my watch, mistakes, oversights and missteps happened in quick succession, but I say in my book, in all matters, we acted in the supreme national interest so that Nigeria could survive.

“Our nation’s march to democracy was interrupted, a fact that I deeply regret. But Nigeria and democracy is still alive, a testament to commitment.”

Former Vice President Yemi Osinbajo also rehashed Babangida’s words while reviewing the book.

“June 12 elections was the most challenging of my life. If have to do it all over again, I’ll do it differently,” Osinbajo said quoting a section from the book.

The book, which offers insights into key moments in the country’s history, also addresses other national controversies, including the 1976 coup attempt that led to the assassination of then-Head of State, Murtala Muhammed, and the 1986 letter bomb that killed investigative journalist, Dele Giwa.

Reflecting on his decision to annul the June 12 election, widely regarded as the most credible in the country’s history, Babangida admitted that if given another chance, he would have handled the situation differently.

The June 12 election, won by businessman and politician, Moshood Abiola, is considered Nigeria’s freest and fairest election.

However, Babangida annulled the results, citing concerns over national security.

This sparked widespread protests and political unrest nationwide at the time.

The annulment eventually led to Babangida’s resignation and a prolonged struggle for democracy in Nigeria, culminating in the return to civilian rule in 1999.

Thursday’s event marked the official launch of General Babangida’s official memoir, ‘A Journey in Service’.

It drew an elite gathering of past and present leaders who reflected on his legacy and the state of democracy in West Africa.

Discussions ranged from Babangida’s contributions to Nigeria’s political history to concerns over the resurgence of military coups in the region.

In his keynote address, former Ghanaian President Nana Akufo-Addo emphasised the importance of multi-party democracy in Africa’s development.

He warned against the growing wave of military takeovers, calling them a setback to democratic progress.

“Multiple parties are good for our continent,” Akufo-Addo said, urging leaders to protect democratic institutions.

Former Nigerian Head of State, General Yakubu Gowon (retd.), lauded Babangida’s rise from aide-de-camp to head of state, describing him as a “boss of bosses.”

Gowon also expressed gratitude for Babangida’s decision to restore his rank of General after it was stripped following the 1976 coup.

The former head of state said, “Thank you for restoring my rank,” reflecting on how Babangida’s leadership impacted his life.

Meanwhile, General Abdulsalami Abubakar, another former military president, shared personal anecdotes about his long-standing relationship with Babangida, which, he said, spans over 80 years.

Abdulsalami recalled a childhood prophecy that foretold Babangida’s rise to power and commended him for documenting his life’s journey.

“Your memoir will enrich the country,” Abdulsalami stated.

For his part, former President Goodluck Jonathan described Babangida as one of Nigeria’s most charismatic leaders and called for the creation of presidential libraries to preserve the country’s political history.

“IBB brought us here today to celebrate his book and library.

“His home has become somewhat of a pilgrimage site,” Jonathan noted.

Representing immediate-past President Muhammadu Buhari, ex-Minister of Transportation, Jaji Sambo, delivered a congratulatory message, expressing hope that Babangida would continue offering valuable counsel to Nigeria’s leadership.

Various dignitaries and businessmen such as the Chairman of the Dangote Group, Aliko Dangote and the Chairman of BUA Group, Abdulsamad Rabiu, launched the book with N8bn and N5bn each.

Dangote pledged to donate N2bn annually for four years for the construction of the IBB Presidential Library.

Meanwhile, Senator Sani Musa, representing Niger East Senatorial District, donated N250m; the Fidelity Bank leadership launched the book with N150m, while Businessman Arthur Eze donated N500m.

[Punch]

Sultana Nazif, the daughter-in-law of Muhammadu Sanusi II, the Emir of Kano, says she doesn’t believe in women replacing their father’s name after marriage.

During a question-and-answer session on her Instagram story, a fan asked Sultana if she had changed her last name from Nazif to Sanusi after marrying Ashraf Adam, the son of Sanusi.

“Have you changed your name to Sultana Sanusi?” the fan asked.

Sultana replied, “No, I don’t believe in replacing your father’s name after marriage”.

Her stance is quite unusual, as in many cultures, women traditionally take their husband’s surname after marriage.

Some women, however, choose to hyphenate their last names or keep their maiden name for personal or professional reasons.

In August 2024, Sultana tied the knot with the Ashraf in Abuja.

She is the daughter of Suleiman Mohammed Nazif, a politician from Bauchi state.

Ashraf, on the other hand, is one of the sons of Muhammad Lamido Sanusi II.

Sanusi served as the governor of the Central Bank of Nigeria (CBN) from 2009 to 2014. He was suspended by ex-President Goodluck Jonathan under controversial circumstances.

He would later become the Emir of Kano. However, in 2020, Sanusi was deposed by Abdullahi Ganduje, the state governor, for “disrespecting lawful instructions”.

On May 23, Governor Abba Kabir Yusuf reinstated Sanusi as Emir of Kano.

[TheCable]

XRP (CRYPTO: XRP) and Bitcoin (CRYPTO: BTC) have plenty of catalysts to support their future growth, and it's common knowledge that financial institutions around the world are adopting both coins for various reasons. But there's one new trend in particular that's driving those same financial institutions to take more interest in these two coins.

The trend might take years to play out, if it continues at all. For investors, that part could be great news, as it could lead to a new era of upwardly mobile prices borne from millions of people getting real utility from both coins. Here's what you need to know.

There's going to be a lot more physical stuff tracked on the blockchain
People trading in crypto know that Bitcoin and XRP are blockchains, and that the coins that live on those chains are associated with a myriad number of different wallet addresses. One person could have many wallets, or only one, just like they could have vast holdings of the tokens, or only a small pile.

When Bitcoin was first invented, tokens were fungible. Put differently, every token was identical to every other token, except for the address where it resided -- just like the dollar bills in your physical wallet right now.

Since then, upgrades have been made to the Bitcoin chain so that coins can include metadata that inscribes additional information. That's one of the ways that the chain can now be used to mint, send, and hold non-fungible tokens (NFTs). So far, many of the NFTs minted on the coin's chain are decidedly non-serious memes rather than anything that's useful in a financial sense or otherwise investable.

XRP has a similar capability. What's the point of a coin like XRP that's intended for serious financial applications, specifically reducing fees associated with international money transfers, having such a function? The chain isn't compatible with swapping images of meme coins or other more traditional uses of NFTs on other chains.

In short, this functionality opens the door to tracking real world assets (RWA) like properties, commodities, stocks, art, bonds, cars, and more, all on the blockchain. An NFT could contain the legal rights to a property provided that the holder could prove that they control the wallet address where the NFT resides. And that's exactly what's happening more and more on XRP and to a lesser extent on Bitcoin.

The push to track RWAs on various blockchains is just starting. As of early 2025, an estimated $7.6 billion worth of hard assets were tracked across the cryptocurrency sector. Some of the headier estimates for the growth of such tokenized assets see the total value tracked on blockchains to surpass $30 trillion by 2030.

Moving forward, at least some subset of investors looking to create a traceable record of their assets are going to use XRP or Bitcoin. In the long run, that could bring billions of dollars in value to both chains, pushing their price skyward in the process.

It's still the early days
As appealing as RWA tokenization may seem right now, there isn't any reason to rush to buy either XRP or Bitcoin on the basis of this trend alone, at least not yet.

They aren't the only two chains in the running for tracking the world's assets. Many others have the same capabilities, and there is no guarantee that either of these two will win the fight for market share. In fact, because of how difficult it is to update Bitcoin, it's better to bet against its becoming the chain for tracking real world assets.

XRP may have a better chance, as it's being actively developed, and it's already in use by international banks for the purpose of processing money transfers. It wouldn't be too difficult for those financial institutions to tokenize the assets they control using XRP, and it'd likely be a lot cheaper and faster than trying to do the same with Bitcoin.

But it's unclear how much demand for XRP those efforts would actually generate at this early stage. Keep in mind that XRP's network charges fees that are a fraction of a penny for each transfer that occurs using the coin; there's simply no way that transferring assets could ever produce much in the way of revenue unless the transactions were priced differently.

Overall, the takeaway here for investors is that there may be a big addition to the investment thesis for both of these cryptocurrencies over the next few years if the RWA tokenization trend really takes off. Keep an eye on how much the major financial institutions buy into the idea. If it seems like they're all in, and if they choose either Bitcoin or XRP to be the tool for implementing the tokenization process, it'll be a strong buy signal.

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Alex Carchidi has positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin and XRP. The Motley Fool has a disclosure policy.

[The Motley Fool]