Animated illustration: an aerial view of one trade on the network. Goods move from the seller, through haulage and the verification gate, to the buyer — each hand-off scanned inside green tracking brackets. Money flows the opposite way: from the buyer into escrow, held, then released to the seller only after the shipment passes the gate. A blocked shipment shows red brackets and its money stays frozen on the dispute path. The network runs four roles — manufacturers sell, distributors and wholesalers buy and sell onward, pharmacies buy — and this same protected trade applies on every legal pairing.
Where manufacturers, distributors, wholesalers and pharmacies trade — and move the money.
MyTurn Trade is Nigeria’s pharmaceutical trade & settlement exchange for manufacturers, distributors, wholesalers and pharmacies — a neutral rail the MyTurn settlement arm runs but does not trade on. Goods travel on GS1 rails with scanned custody at every hand-off — while the money rides its own rail: escrowed or drawn on trade credit at order, released to the seller only when the delivery passes the verification gate for its product class.
Illustration — the trade network: goods one way, money the other, one gate deciding both.
Honest about where we are. MyTurn Health is a founding-stage group building toward its Nigerian pilot. MyTurn Trade is in pilot preparation — escrow, trade-credit and settlement roll out as the network goes live, and the payments and finance licences they rely on are in registration. We don’t claim what isn’t yet granted.
How MyTurn Trade works — in 60 seconds.
One network, two rails. Products move one way; money moves the other; a verification gate sits between them so neither can cheat.
Four roles, licence-verified
Nigeria’s distribution chain trades here the way it actually works: manufacturers (and importing brand owners) sell, distributors and wholesalers buy and sell onward, and pharmacies are the terminal retail buyer. Every legal pairing — manufacturer→distributor, →wholesaler, →pharmacy; distributor→wholesaler, →pharmacy; wholesaler→pharmacy — runs the same protected trade, and each party joins with its regulatory licences verified. The MyTurn entity that runs the rail does not trade on it — so the settlement operator never competes with the partners it settles for.
Goods travel scanned, sealed and identified
Every order line carries its GS1 product identity and coded NAFDAC class. Goods leave an identified location, travel as sealed logistics units, and get scanned at every hand-off — a custody chain both sides can watch.
Money waits for proof, then moves
The buyer funds the order into escrow — or draws an approved trade-credit line. The money sits safe until the delivery passes its verification gate, then releases to the seller. Disputes freeze it where it stands. Every movement lands on a tamper-evident order ledger.
We don’t only move products. We settle the trade.
Most platforms stop at the order. MyTurn Trade runs the whole trade — the goods rail and the money rail — on one record, with one gate deciding both.
The money rail
Settlement services that make payment as verifiable as the goods.
The product rail
Marketplace and custody services that keep the goods honest.
Trading on trust is the most expensive habit in pharma.
Between “dispatched” and “paid” sits every risk that drains a pharmaceutical business — and in most of the market, that gap is bridged by nothing more than a phone call and goodwill.
Sellers carry payment risk
Goods leave the warehouse against invoices that pay late or never. Receivables become collections, collections become write-offs — and the working capital that should buy stock chases old debts instead.
Buyers carry delivery risk
Money paid up-front buys short deliveries, substituted products, or stock from outside any verifiable custody chain. Once the cash is gone, the leverage is gone with it.
Disputes run on recollection
When a trade goes wrong, the evidence is a chat thread and a delivery note. Without a shared record of who held what, when, disputes burn relationships instead of resolving facts.
Walk an order through escrow.
Step through what happens to the goods — and the money — at each stage of a trade. The money never outruns the truth.
Order placed
The buyer places a wholesale order. Every line carries its GS1 product identity and its coded NAFDAC product class. The buyer’s payment moves into escrow at once — or a qualified buyer draws an approved trade-credit line instead. Either way, the money is committed to the trade and touchable by no one until the goods earn it.
Seller sees: a funded order, worth dispatching. Buyer sees: money committed, not surrendered.
Everything a trade needs, in one partner workspace.
Inside the partner portal, both sides of the trade work from the same record — the same order, the same custody chain, the same verification result, the same settlement state.
Catalogue by GS1 identity
Products are listed and ordered by their GS1 identity — not free-text names — with the coded NAFDAC product class on every line. No ambiguity about what was bought.
Order management
Place, review and track wholesale orders end to end. Every line carries its identity, class, quantity and price — and the order carries its escrow state at all times.
Custody tracking
Follow the goods, not a tracking number: scanned hand-offs of sealed GS1 logistics units (SSCC) from the seller’s identified location to yours.
Dispute desk
Raise a dispute and the escrow freezes where it stands. The case opens with the full order, custody and verification record already attached — evidence, not recollection.
Recall awareness
A recalled or quarantined batch cannot settle. The trade rail and the verification rail are the same rail — so commerce reacts to safety events automatically.
Settlement records
Every closed trade leaves a complete settlement record — order, custody, verification, release — exportable for your accountant, your auditor, or your regulator.
Know who is on the other side — every partner is licence-checked.
MyTurn Trade is a closed network of four verified roles — manufacturers, distributors, wholesalers and pharmacies — not an open listing board. Every partner is checked before they can trade, and every trade is scoped to its parties.
Built for how regulated pharma trade must work.
Verified partners and verified product are not a nice-to-have — they are the foundation of legitimate pharmaceutical commerce.
Every NAFDAC-regulated product — with the right depth per class.
MyTurn Trade carries any NAFDAC-regulated product on one settlement rail. Select a class to see the verification depth its trades clear before money releases.
Medicines
Deep verificationHigh-risk class. Trades in this class require a clean per-line verification before escrow can release.
- Per-line verification against the traceability rail at delivery
- Custody chain checked from dispatch to hand-over
- Recall / quarantine status blocks settlement automatically
Open-market trading vs. trading on MyTurn Trade.
| Dimension | Open-market trade | MyTurn Trade |
|---|---|---|
| Counterparty | Whoever answers the phone — vetting is your problem | Licence-verified trading partners only |
| Payment timing | Up-front (buyer’s risk) or on credit (seller’s risk) | Escrowed or credit-drawn at order · released on verified delivery |
| Working capital | Cash up-front or informal IOUs | Approved trade-credit lines, drawn at checkout |
| Delivery assurance | Delivery note + goodwill | Scanned custody chain + class-appropriate verification gate |
| Suspect or recalled stock | Discovered after the money moved | Cannot settle — the gate blocks release |
| Disputes | Recollection vs. recollection | Escrow freezes · full shared record attached |
| Product scope | Medicines, mostly informal beyond | Every NAFDAC-regulated class, one rail |
| Records | Paper, scattered | Hash-linked ledger — order to settlement |
Five steps from order to settled — with a gate in the middle.
Order placed
Buyer places a wholesale order. Each line carries its GS1 product identity and its coded NAFDAC product class. Funds are escrowed — or an approved credit line is drawn.
Dispatch & custody
Seller dispatches from an identified location. Cartons and pallets travel as sealed GS1 logistics units, scanned at every hand-off.
The verification gate
At delivery, the goods are scanned and checked at the depth their product class requires — before any money moves.
Release
The gate passes, acceptance is recorded, and the money releases to the seller. A dispute at this point freezes release instead.
Settled & auditable
The trade closes with a complete, tamper-evident record — order, custody chain, verification result and settlement — ready for any audit.
Four roles. One neutral rail. Equal terms.
MyTurn Trade is the neutral manufacturer → distributor → wholesaler → pharmacy exchange — from the first hand-offs in the supply chain to the retail tier. the MyTurn settlement arm runs the rail but does not trade on it, so every legal pairing runs the same protected trade on equal terms.
Manufacturers & importing brand owners
Sell with certainty of payment: the buyer’s funds are escrowed — or, where eligible, their approved credit drawn — before you dispatch. Your custody scans and the verification gate are your proof of fulfilment, and your products travel under their own GS1 identities so you see where your lines actually go.
Sells · NAFDAC manufacturing / import licenceDistributors
Trade on both sides of the rail. Buy from manufacturers with your money protected in escrow until the stock verifies — then sell onward to wholesalers with their funds secured before you dispatch. One licence-verified identity, one ledger, both directions of your business.
Buys & sells · NAFDAC wholesale-distribution + PCN premisesWholesalers
Buy with certainty of goods: your money releases only after the stock arrives and verifies — wrong, short or suspect deliveries freeze settlement instead of becoming your loss. As the rail goes live, qualified buyers will be able to fund trades on approved credit lines, subject to eligibility and applicable licensing.
Buys · NAFDAC wholesale-distribution + PCN premisesPharmacies
Buy on the exchange from any verified wholesaler — the terminal retail tier of the rail. Your money is escrowed until the stock arrives and verifies, and — as the rail goes live — qualified buyers will be able to draw approved trade credit, subject to eligibility and applicable licensing. You enter through the MyTurn Exchange storefront, and every pack you receive can be verified free on MyTurn Trace.
Buys · PCN premises licenceOpen standards, end to end.
The same identifiers Nigeria’s traceability regulations require are the identifiers the trade settles on. Nothing proprietary stands between you and your own trade records — and verification on this network is powered by MyTurn Trace, the open track-&-trace rail.
Your trade. Your data. On Nigerian soil.
Hosted in Nigeria
Trade and settlement records are hosted in Nigeria, consistent with the Nigeria Data Protection Act 2023. Your commercial data does not leave the country.
Role-based access
Buyers see their purchases; sellers see their sales. Counterparties see the trade they share — and nothing else. Access is scoped to the party, not the platform.
Tamper-evident records
Orders, custody scans, verification results and settlements form an append-only, hash-linked record. What happened is what the record says happened.
Common questions.
When exactly does the seller get paid?
How does the money side actually work?
What happens if the goods don’t verify?
Who can join the network?
Do both parties need to be on the network?
Is this only for medicines?
What can’t be traded here?
How is this different from MyTurn Trace?
Ready to trade on verified rails?
Tell us who you are and what you move — we’ll set up your trading-partner onboarding, your locations, and your first escrow-settled order.
General enquiries: contact@myturnhealth.com · Partnerships: partnerships@myturnhealth.com