Business247

By James Ibori NORALIS (@the_noralis), an African-based skincare brand formulated specifically for melanin-rich skin, has called out what it describes as decades of neglect by the global beauty industry toward Nigerian and African women, arguing that the majority of products on the market were never designed with the biological and cultural needs of darker skin tones as a starting point. According to the brand, melanin-rich skin is not simply darker skin but is biologically distinct, more prone to post-inflammatory hyperpigmentation, with different sebaceous gland activity, hydration dynamics, and barrier function — meaning products formulated on European skin in European labs are not neutral for Nigerian women and can be actively damaging. “The global beauty industry chose, for decades, not to operationalise the foundational dermatology of melanin-rich skin because the research investment did not appear commercially necessary. Noralis made a different calculation: start with ...

   By Bolaji Jimoh, Fraud & Compliance Manager, Dojah   The Central Bank of Nigeria's new AML requirements are forcing financial institutions to rethink how they manage compliance, fraud monitoring, and customer risk. With implementation deadlines now in motion, banks, fintechs, and payment companies are under increasing pressure to move away from manual AML processes and adopt automated systems capable of monitoring transactions, screening customers, and identifying suspicious activity in real time. For many institutions, the challenge is not understanding the new requirements. The challenge is being ready for them. At  Dojah , we are seeing growing demand from financial institutions looking to strengthen  transaction monitoring ,  AML screening , sanctions checks, and customer risk management ahead of the June 2026 deadline. The reason is simple. Many institutions still rely on a combination of manual reviews, disconnected systems, and onboarding-focu...

By Kehinde Faruk Africa’s crypto market is gradually entering a stage where infrastructure is becoming just as important as adoption itself. Over the last few years, conversations around bitcoin-to-naira transactions focused heavily on access, trading opportunities and the rapid rise of stablecoins across markets like Nigeria, Kenya and South Africa. But recent developments within the sector suggest that attention is gradually shifting toward settlement systems, payout efficiency and how smoothly crypto moves into local currency. Monica Cash  reflects part of that new direction as more users across Nigeria’s digital finance ecosystem pay closer attention to platforms offering automated payout systems and direct settlement infrastructure. The platform has spent the last three years supporting bitcoin-to-naira transactions through systems linked to local bank payouts and structured withdrawal processes. The shift is becoming more visible among freelancers, remote workers, online merc...