This is a contract between you and Naija Cowry Technology Ltd. ("Naija Cowry"), a private limited company incorporated in Nigeria.


The Platform, Naija Cowry (“Platform”), is operated by Naija Cowry Technology Ltd. References in this agreement to "Naija Cowry", "we", "our" or "us", are to Naija Cowry Technology Ltd depending on the context, and references to "you" or "your" are to the persons with whom Naija Cowry enters into this agreement. Naija Cowry offers the Platform, including all information, tools and services available on it to you, the user, conditioned upon your acceptance of all terms, conditions, policies and notices stated here.

These Terms of Service apply to all users of the Platform or any other Naija Cowry platform including, without limitation, users who are browsers, vendors, customers, merchants, and/ or contributors of content. By visiting our Platform or any other Naija Cowry platform, you agree to be bound by the following terms and conditions “Terms/Terms of Service”), including the additional terms and conditions and policies referenced herein. If you do not agree to all the Terms then you may not access the Platform or make use of any of our services.


Nothing on the Platform shall be construed as financial advice or a solicitation for investment and the information contained therein is to be used for informational purposes only.

Neither Naija Cowry nor any of its affiliates, directors, officers or employees, nor any third party vendor, will be liable or have any responsibility for any loss or damage that you incur in the event of any failure or interruptions on the Platform, or resulting from the act or omission of any other party involved in making the Platform or the data contained on it available, or from any other cause relating to your access to, inability to access, or use of the Platform.

Decisions based on information contained on the Platform are the sole responsibility of the user, and in exchange for using the Platform, you agree to hold Naija Cowry and its affiliates harmless against any claims for damages arising from any decision you make based on such information.


We reserve the right to refuse service to anyone for any reason at any time. By agreeing to these Terms, you represent that you are at least of the age of consent in Nigeria.

You may not use our products for any illegal or unauthorized purpose nor may you, in the use of the Platform or any other Naija Cowry platform, violate any laws of Nigeria (including but not limited to copyright laws). You must not transmit any worms or viruses or any code of a destructive nature.

You understand that your personal information (not including credit card information), may be transferred, unencrypted and involve (a) transmissions over various networks; and (b) changes to conform and adapt to technical requirements of connecting networks or devices.

You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Platform or our services without express written permission by us.


“Cowry”: a digital asset on the Stellar Blockchain Network. Every Cowry user has an account on the Stellar Network. Stellar uses public key cryptography to ensure that every transaction is secure. Each Stellar account has a public key and a secret seed.

“Public key”: a unique identifier used primarily to transfer Cowry to a particular account.

“Secret seed”: private information that is used to control a particular account. All Cowry public and secret seeds are encrypted on the Cowry database and are only utilized when a Cowry user enters their Cowry password.

“Third Party”: includes, Stellar Blockchain Network, Flutterwave and AfricasTalking.

“Products or Services”: blockchain payment services.


Registration of Account - To use any Naija Cowry service, you must first register by providing your full name, e-mail address, password, and affirm your acceptance of these Terms. We may, at our sole discretion, revoke account registrations, and limit the number of accounts that a single user may establish and maintain at any time.

Identity Verification - In order to use certain features of the Platform, you may be required to provide us with personal information, including, but not limited to, your name, address, telephone number, e-mail address, date of birth, bank verification number and information regarding your bank account (e.g., financial institution and account number). By submitting these or any other personal information as may be required, you confirm that the information provided is accurate and authentic, and you agree to update Naija Cowry if any information changes.

You hereby authorise Naija Cowry to, directly or through third parties, make any inquiries we consider necessary to verify your identity and/or protect against fraud, including to query identity information contained in public reports (e.g., your name, address, past addresses, or date of birth), to query account information associated with your linked bank account (e.g., name or account balance), and to take any action we reasonably deem necessary based on the results of such inquiries and reports. You further authorise any third parties to which such inquiries or requests may be directed to respond to such inquiries or requests fully.


Naija Cowry will processes a cowry according to the instructions received from its users and we do not guarantee the identity of any user, receiver, requester or other party. You should verify all transaction information prior to submitting instructions to us. Once submitted to the network, a transaction will be unconfirmed for a period of time pending sufficient confirmation of the transaction. A transaction is not complete while it is in a pending state.

Funds associated with transactions that are in a pending state will be designated accordingly, and will not be included in your account’s available balance or be available to conduct transactions. Naija Cowry may charge network fees to process a transaction on your behalf. Naija Cowry will calculate the fees in its discretion, although Naija Cowry will always notify you of the fee at or before the time you authorise the transaction.


We shall not be liable for any information made available on the Platform which is inaccurate, incomplete or not current. The Platform may contain certain historical information which is provided for your reference only.


Naija Cowry securely stores all keys in our control in a combination of online and offline storage. As a result, it may be necessary for us to retrieve certain information from offline storage in order to facilitate a digital currency transaction in accordance with your instructions, which may delay the initiation or processing of such transaction for 48 hours or more.

You acknowledge and agree that a transaction facilitated by Naija Cowry may be delayed.


You cannot cancel, reverse, or change any transaction marked as completed or pending. If your payment is not successful or if your payment method has insufficient funds, you authorise Naija Cowry, in its sole discretion, to cancel the transaction. You are responsible for maintaining an adequate balance and/or sufficient credit limits in order to avoid an overdraft, insufficient funds, or similar fees charged by your payment provider.

Naija Cowry reserves the right to refuse to process, or to cancel or reverse, any purchases or sales of cowry in its sole discretion, even after funds have been debited from your account(s), if (a) we suspect that the transaction involves (or has a high risk of involvement in) money laundering, terrorist financing, fraud, or any other type of financial crime (b) it is in response to a subpoena, court order, or other government order (c)Naija Cowry reasonably suspects that the transaction is erroneous; or (d) Naija Cowry suspects the transaction relates to Prohibited Use as set forth below. In such instances, we will reverse the transaction and shall be under no obligation to allow you to reinstate a purchase or sale order at the same price or on the same terms as the cancelled transaction.


Prices for our products and services are subject to change without notice. We reserve the right to modify or discontinue any of our services (or any part thereof) without notice at any time.

We shall not be liable to you or any third-party for any modification, price change, suspension or discontinuance of any service.


We reserve the right to limit the sales of our products or services to any person, geographic region or jurisdiction. We may exercise this right on a case-by-case basis.

We do not warrant that the quality of any products, services, information, or other material purchased or obtained by you will meet your expectations, or that any errors in our services will be corrected.


We reserve the right to limit or prohibit orders that, in our sole judgment, appear to be placed by dealers, resellers or distributors. We also reserve the right to refuse any order you place with us. We may, in our sole discretion, limit or cancel quantities purchased per person, household or order. These restrictions may include orders placed by or under the same customer account, the same credit card, and orders that use the same billing and shipping address. If we make a change to or cancel an order, we may attempt to notify you by contacting the e-mail and/or billing address/phone number provided at the time the order was made.

You agree to provide current, complete and accurate purchase and account information for all purchases made on our Platform. You agree to promptly update your account and other information, including your email address, credit card numbers and expiration dates so that we can complete your transactions and contact you as needed.


We may provide you with access to third-party tools over which we neither monitor nor have any control or input.

You acknowledge and agree that we provide access to such tools “as is” and “as available” without any warranties, representations or conditions of any kind and any endorsement. We shall have no liability whatsoever arising from or relating to your use of optional third-party tools.

Any use by you of optional tools offered through the platform is entirely at your own risk and discretion, and you should ensure that you are familiar with and approve of the terms on which tools are provided by the relevant third-party provider(s).

We may also, in the future, offer new services and features through the Platform (including, the release of new tools and resources). Such new features and services shall also be subject to these Terms of Service.


Certain content, products and services available via our Platform may include materials from third-parties.

Links on the Platform may direct you to third-party platforms that are not affiliated with Naija Cowry. We are not responsible for examining or evaluating the content or accuracy, and we do not warrant and will not have any liability or responsibility for third-party materials or platforms, or any other products, or services of third-parties.

We are not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party platform. Please review the third-party’s policies and practices carefully and make sure you understand them before you engage in any transaction. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third-party.


If, at our request, you send certain specific submissions (for example contest entries, tips, submissions etc.) or without a request from us, you send creative ideas, suggestions, proposals, plans, or other materials, whether online, by email, by postal mail, or otherwise (collectively, ‘comments’), you agree that we may, at any time and without restriction, edit, copy, publish, distribute, translate and otherwise use such comments in any medium. We are and shall be under no obligation to (1) maintain any comment in confidence; (2) pay compensation for any comments; or (3) respond to any comments.

We may, but have no obligation to, monitor, edit or remove content that we determine in our sole discretion is unlawful, offensive, threatening, libellous, defamatory, pornographic, obscene or otherwise objectionable or violates any party’s intellectual property or these Terms of Service.

You agree that your comments will not violate any right of any third-party, including copyright, trademark, privacy, personality or other personal or proprietary right. You further agree that your comments will not contain libellous or otherwise unlawful, abusive or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Platform or any other Naija Cowry platform. You may not use a false e-mail address, pretend to be someone other than yourself, or otherwise mislead us or third-parties as to the origin of any comments. You are solely responsible for any comments you make and their accuracy. We take no responsibility and assume no liability for any comments posted by you or any third-party.


Our Privacy Policy, available at naijacowry.com/privacy governs your submission of personal information through the store.


Occasionally, there may be information on our Platform or any other Naija Cowry platform that contains typographical errors, inaccuracies or omissions. We reserve the right to correct any errors, inaccuracies or omissions, and to change or update information or cancel orders if any of such information is inaccurate at any time without prior notice (including after you have submitted your order).

We undertake no obligation to update, amend or clarify information on our Platform, including without limitation, pricing information, except as required by law. No specified update or refresh date applied on the Platform should be taken to indicate that all information on the Platform has been modified or updated.


In addition to other prohibitions as set forth in these Terms, you are prohibited from using the Platform or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others; (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Platform or of any related Naija Cowry platform; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Service or any related Naija Cowry platform, other Naija Cowry platforms, or the Internet.

We reserve the right to terminate your use of the Platform or any related Naija Cowry platform for violating any of the prohibited uses.


We do not guarantee, represent or warrant that your use of the Platform or any other Naija Cowry platform will be uninterrupted, timely, secure or error-free. We do not warrant that the results that may be obtained from the use of the Platform will be accurate or reliable.

You expressly agree that your use of, or inability to use, the Platform or any related Naija Cowry platform is at your sole risk. The Platform and all products and services delivered to you through the Platform are (except as expressly stated by us) provided ‘as is’ and ‘as available’ for your use, without any representation, warranties or conditions of any kind, either express or implied, including all implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement.

In no case shall Naija Cowry Technology Ltd, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from your use of any of the service or any products procured using the service, or for any other claim related in any way to your use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility.


You agree to indemnify, defend and hold harmless Naija Cowry Technology Ltd, and all its subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns and employees, harmless from any claim or demand, including reasonable legal fees, made by any third-party due to or arising out of your breach of these Terms of Service or the documents they incorporate by reference or your violation of any law or the rights of a third-party.


In the event that any provision of these Terms of Service is determined to be unlawful, void or unenforceable, such provision shall be deemed to be severed from these Terms of Service but shall not affect the validity and enforceability of the other remaining provisions.


These Terms of Service are effective unless and until terminated by either you or us. You may terminate these Terms of Service at any time by notifying us that you no longer wish to use any of our services, or when you cease using the Platform.

If in our sole judgment you fail, or we suspect that you have failed, to comply with any term or provision of these Terms of Service, we also may terminate this agreement at any time without notice and you will remain liable for all amounts due up to and including the date of termination and/or accordingly may deny you access to our Platform (or any part thereof).

All obligations and liabilities incurred by you before the termination date shall survive the termination of this agreement for all purposes.


Any failure by us to exercise or enforce any right or provision contained in these Terms of Service shall not constitute a waiver of such right or provision.

These Terms of Service and any policies or operating rules posted by us on the Platform constitutes the entire agreement and understanding between you and us and govern your use of our services, superseding any prior or contemporaneous agreements, communications and proposals, whether oral or written, between you and us (including, but not limited to, any prior versions of the Terms of Service).


These Terms of Service shall be governed by and construed by the laws of the Federal Republic of Nigeria and shall be enforced therein.


You can review the most current version of these Terms of Service at any time on this page.

We reserve the right, at our sole discretion, to update, change or replace any part of these Terms by posting updates and changes to our Platform. It is your responsibility to check our Naija Cowry platform periodically for changes. Your continued use of or access to our Platform or any of our services following the posting of any changes to these Terms of Service constitutes acceptance of those changes.


Questions about the Terms of Service should be sent to us at: info@naijacowry.com.