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...

     Movement in Port Harcourt just got smarter, easier, and more rewarding as SIMPLAA, Nigeria’s fast-rising mobility platform, officially launches its bold new citywide campaign, inviting residents to experience a better way to move with an exciting introductory offer: “Enjoy Up to 3 FREE Rides Worth ₦5,000.” As part of its strategic expansion in Port Harcourt, SIMPLAA is offering new riders the opportunity to enjoy free rides across the city by simply downloading the app and using the promo code SIMPLAARIDE. The campaign is designed to give thousands of residents a firsthand experience of SIMPLAA’s safe, reliable, and affordable transportation service. Port Harcourt is a city constantly in motion—from morning work commutes and business meetings to market runs, airport transfers, social outings, and nightlife. SIMPLAA is positioning itself as the everyday mobility partner built for the pace of the city. “Port Harcourt deserves a ride experience that is simple, dependabl...

Published by Hofesh Homes Limited | Real Estate Intelligence Series There is a sentence that every property buyer in Nigeria should read before signing anything, transferring any money, or trusting any document placed in front of them. It is not buried in fine print, it is Section 1 of the Land Use Act of 1978, a federal law that has governed every single piece of land in Nigeria for nearly five decades: "All land comprised in the territory of each State in the Federation are hereby vested in the Governor of that State and such land shall be held in trust and administered for the use and common benefit of all Nigerians." Read that again carefully. All land is vested in the Governor and held in trust, not owned by you, the seller. Nor owned by the developer who built the estate. Held in trust by the government, for all Nigerians. This is not a technicality, this is the foundational legal reality of every property transaction in Nigeria. And if you are buying property in Abuja,...

 By Laila Gabriel NCDF Group has announced its intention to pursue three public listings by 2028 as part of its long-term corporate development and capital market strategy. The announcement was made through the office of the Company Secretary, Adefunke B. Omidiora, while issuing a notice for the next Board of Directors meeting of NCDF Holdings Limited, scheduled to hold virtually on Wednesday, 20 May 2026, at 11:00 a.m. According to the company, the proposed roadmap includes plans to position NCDF Investment Management Plc and Konto Financial Group Plc for listing on the Nigerian capital market, while NCDF Holdings Limited, the Group’s holding company, is being considered for a future listing in the United States capital market. The company stated that the proposed listings are part of its wider plan to strengthen governance, improve access to long-term capital, and support the growth of its operating platforms. NCDF Investment Management Plc is expected to serve as the Group’s inv...

     Latest modelling Agency in Lagos state Nigeria. A new agency in African fashion has emerged with the launch of  Fresh Models , a  Lagos -based modeling agency and training academy founded by international model and creative entrepreneur  Francis Polo , also known as  Fresh Pepper . Positioned at the intersection of talent development and global opportunity, Fresh Models aims to redefine industry standards in  Nigeria  by building a pipeline of world-class models equipped for both local and international markets. “Fresh Models was created to bridge the gap between raw talent in Nigeria and the structure required to compete globally,” said Polo. “We’re not just signing models—we’re developing them with intention, discipline, and a clear understanding of the industry.” Operating out of Lagos, the agency combines representation with hands-on training through its academy, offering aspiring models access to professional development in runway, ...