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Flexus Reveals More Investment Opportunities …As Value Of Saved Cash Depreciates

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10 years ago

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The Managing Director
(MD) of Flexus Global Solution Investment Limited, Mr Kounougna Henri, has revealed more investment opportunities aimed at preventing individual economic crisis.
Henri, who was speaking during an Investment and business Conference in Port Harcourt on Friday, said that savings result to the depreciation of the value of money.
He reiterated that “money saved over time depreciates while money invested over time appreciates in it’s value,” adding that saving account yield little or no interest compared to the amount of money generated through business by the banks using their customers’ money.
He revealed that the company has introduced “Flexus  Mutual Assistance Scheme (FMAS) and Promo on the normal investments that would take their investors to another level.
According to the company’s executive, FMAS is modernizing the traditional contribution in which a group of people come together and make a fixed payment of a certain amount, daily, weekly or monthly to a common fund, which will be distributed by turns to the participants.
“As a fund administrator, Flexus will receive payment from all participants and pay directly into the beneficiary account.
He noted that the scheme has N20,000, N50,000. N100,000, N250,000, N500,000 and N1,000,000 categories, adding that Flexus as the administrator would ensure the monies are paid as at when due.
The MD also said that the company has planned a promo for the conventional investment adding that investors are expected to win quality prices.
He also noted that Flexus would fully have a brand name for her transport line in  March and called for investors to identify with flexu to enable her empower more entrepreneurs.
“Saving account makes your money not to be currency which is expected to flow and not being stagnant.”
Also speaking, the Administration Manager of Flexus, Mr. Daniel Owhotemu said that the company has been known for her intergrity and consistency in business and financial empowerment.
An investor, Mr. Michael Alandu commended the company for her sincerity and the attitude of paying on time, adding “the interest comes in block, not piecemeal.
“I am a proud investor with Flexus company and the promise is 100 per cent sure.”
In his testimony, Mr. Chiweke Egbuedo who is into transportation business, said Flexus was the company that God used to grow his falling business through their empowerment scheme.

 

Lilian Peters

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Kenyan Runners Dominate Berlin Marathons

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2 days ago

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September 22, 2025

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Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.

Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.

The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.

Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.

“I did my best and I am happy for this performance,” said Sawe.

“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”

Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.

In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.

Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.

Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.

 

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NIS Ends Decentralised Passport Production After 62 Years

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2 days ago

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September 22, 2025

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The Nigeria Immigration Service (NIS) has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, made the disclosure during an inspection of the Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja, last Thursday.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
According to him, the centralised production system aligns with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for improved service delivery.
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FG To Roll Out Digital Public Infrastructure, Data Exchange, Next Year 

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2 days ago

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September 22, 2025

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The National Information Technology Development Agency (NITDA) has announced plans to roll out Digital Public Infrastructure (DPI) and the Nigerian Data Exchange (NGDX) platforms across key sectors of the economy, starting in early 2026.
Director of E-Government and Digital Economy at NITDA, Dr. Salisu Kaka, made the disclosure in Abuja during a stakeholder review session of the DPI and NGDX drafts at the Digital Public Infrastructure Live Event.
The forum, themed “Advancing Nigeria’s Digital Public Infrastructure through Standards, Data Exchange and e-Government Transformation,” brought together regulators, state governments, and private sector stakeholders to harmonise inputs for building inclusive, secure, and interoperable systems for governance and service delivery.
According to Kaka, Nigeria already has several foundational elements in place, including national identity systems and digital payment platforms.
What remains is the establishment of the data exchange framework, which he said would be finalised by the end of 2025.
“Before the end of this year and by next year we will be fully ready with the foundational element, and we start dropping the use cases across sectors,” Kaka explained.
He stressed that the federal government recognises the autonomy of states urging them to align with national standards.
“If the states can model and reflect what happens at the national level, then we can have a 360-degree view of the whole data exchange across the country and drive all-of-government processes,” he added.
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