Norak Technologies Ltd

Norak Technologies is a Lagos-based software company founded over a decade ago that builds custom enterprise systems for financial institutions, retail, education, and faith organizations across Africa. The company serves 200+ clients globally and claims 99.9% uptime across its infrastructure. Rather than selling off-the-shelf enterprise software, Norak structures solutions around how specific industries actually operate—whether that's a microfinance lender tracking loans and repayments, a school managing enrollment and attendance, or a transportation company coordinating fleets.

Services and capabilities

Norak's main offering is custom software development anchored to a suite of pre-built enterprise applications. The Norakle ERP platform modularizes across ecommerce, oil and gas, manufacturing, fashion, and inventory management. FinBridge, their microfinance app, handles loan onboarding and compliance. Acadasuite is a school management system with enrollment, attendance, and a built-in learning management system. Evangel handles church operations (members, donations, events). Savingshub manages thrift contributions and savings accounts. Paytech automates payroll, taxes, and deductions.

Beyond these products, Norak offers custom web and mobile app development (Android and iOS), UX/UI design described as "research-driven" and pixel-focused, and hands-on technical training in web design and development. They also provide API integration and secure architecture services.

Notable work

The company's case studies are concrete. Anyaloko Transportation implemented a fleet management system that improved coordination and timely deliveries. Soar Capital, a microfinance firm, adopted Norakle Microfinance ERP and reported streamlined operations with better accuracy and control over client records and loan tracking. Top Grace School automated enrollment, attendance, and staff monitoring using Acadasuite, reducing errors and delays. Living Water Church moved member management, attendance, and offerings onto Evangel and saw improved organization and communication. MyWurah, a thrift group, deployed Norakle Thrift ERP and gained better accuracy and accountability on contributions and reporting. Bags Warehouse used a digital management system for inventory and sales tracking, automating processes that had caused errors.

A client testimonial from Mona Matthews Ventures (an accountant) noted the system's flexibility compared to off-the-shelf software like Sage: "the system can be tailored to the business object clause, unlike the likes of Sage which is not flexible to accommodate changes."

How they work

Norak structures engagement in four phases: Discovery (sit-down to understand needs), Design & Dev (build, test, and deploy custom software), Implementation (staff training on the deployed system), and Support (ongoing technical help from dedicated customer care and technical staff). They position themselves as hands-on beyond the initial sale. The company does not publicly state fixed pricing or hourly rates on their website, suggesting project-based or custom engagement.

Team and credentials

The leadership team includes Enyika Iheanyichukwu, CTO and Co-Founder, with 15+ years building SaaS across education, fintech, and operations. Henry N. Ogbuaku, Managing Director, is an economist and tech entrepreneur with two decades in asset management and software development, holding a Master's in Economics from the University of Ibadan. The board includes Dr. Wale Oshinowo (Chairman, former Ogun State Finance Commissioner and Sterling Bank executive), Dr. Julius Adagbon (Vice Chairman), and several non-executive directors with backgrounds in telecommunications, renewable energy, and entrepreneurship. No explicit team size is stated, though the company refers to "80+ projects delivered" and "200+ clients served globally." The website mentions "brilliant engineers, designers, and strategists" but does not provide headcount. No ISO certifications, SOC 2 status, or other compliance badges are mentioned in the source material.