BPRIME ASSETS LIMITED

Operator of the BPrime Projects Platform (projects.bprimeassets.com)

Terms of Use

BPrime Projects – a platform of BPrime Assets Limited

Legal EntityBPrime Assets Limited (“BPrime”, “the Company”, “we”, “us”, or “our”)
PlatformBPrime Projects — projects.bprimeassets.com
Corporate Sitebprimeassets.com
JurisdictionFederal Republic of Nigeria
Effective Date6 July 2026
VersionVersion 1.0
Contactlegal@bprimeassets.com

Table of Contents

1. Introduction and Acceptance

These Terms of Use (“Terms”) constitute a legally binding agreement between you (“User”, “you”, or “your”) and BPrime Assets Limited (“BPrime”, “the Company”, “we”, “us”, or “our”), a company incorporated under the laws of the Federal Republic of Nigeria, governing your access to and use of the BPrime Projects platform at projects.bprimeassets.com, together with any related services, features, or applications (collectively, the “Services”).

By creating an Account, accessing, or using the Services, you agree to be bound by these Terms, together with our Privacy Policy, Cookie Policy, Risk Disclosure & Disclaimer, and Security & Data Protection Statement, each incorporated herein by reference (collectively, the “Policies”). If you do not agree to these Terms, you must not access or use the Services.

If you are accessing the Services on behalf of a business or other legal entity, you represent that you have authority to bind that entity, in which case “you” and “User” refer to that entity.

2. Definitions

AccountThe registered profile a User creates to access the Services, authenticated via Single Sign-On (SSO) across the BPrime ecosystem.
ProjectA funding, planning, or management initiative created and controlled by a User for the User’s own personal or business purposes.
Project OwnerThe User who creates and administers a given Project.
Project Management ToolsThe features of the Platform enabling Users to plan, track, and administer tasks, milestones, budgets, and progress in respect of their Project.
Contract ToolsThe features of the Platform enabling Users to generate, populate, store, share, and, where enabled, electronically execute contracts and agreements relating to their Project.
Generated ContractAny contract, agreement, or similar document created, populated, or executed by a User using the Contract Tools.
Contract CounterpartyA vendor, contractor, supplier, collaborator, or other third party named as a party to a Generated Contract.
Payment ProcessorPaystack Payments Limited, or any successor or additional licensed payment service provider engaged by BPrime.
Applicable LawAll applicable laws, regulations, and directives of the Federal Republic of Nigeria, including the NDPA and the Evidence Act 2011, and any regulatory guidance issued by competent authorities.

3. Eligibility

3.1 Minimum Age

You must be at least eighteen (18) years of age to create an Account or use the Services, and you represent that you have the legal capacity to enter into a binding agreement under Nigerian law, including any Generated Contract you execute using the Platform.

3.2 Identity Verification

You agree to complete identity verification (KYC) procedures as we may require, including the provision of government-issued identification, BVN, or NIN, to activate or continue using certain features of the Platform.

3.3 Sanctions and Restricted Persons

You represent that you are not subject to any applicable sanctions and are not located in a jurisdiction where use of the Services would be unlawful.

4. Account Registration and SSO

Access to the Services requires registration for an Account. Authentication is managed through our Single Sign-On (SSO) system, allowing a single set of credentials across participating BPrime platforms.

  • You are responsible for maintaining the confidentiality of your Account credentials and for all activity occurring under your Account;
  • You must notify us immediately at legal@bprimeassets.com of any unauthorised use of your Account or breach of security;
  • You agree to provide accurate, current, and complete information and to keep it updated;
  • You acknowledge that compromise of your SSO credentials on one BPrime platform may affect your access to others within the ecosystem, and agree to exercise appropriate care.

We reserve the right to refuse registration, suspend, or terminate any Account at our discretion, including on reasonable suspicion of fraud or misuse, subject to Section 15 (Suspension and Termination).

5. Nature of the Platform

BPrime Projects enables a User to:

  • Create a Project describing the User’s own personal or business funding, planning, or management objective;
  • Fund that Project using the User’s own resources, processed via our Payment Processor;
  • Track and manage the Project using the Project Management Tools;
  • Generate, populate, store, and, where enabled, electronically execute contracts and agreements relevant to the Project using the Contract Tools.

As at the Effective Date of these Terms, BPrime Projects does not facilitate, and is not intended to facilitate, investment by Users in projects created by other Users, and does not operate as a crowdfunding, securities offering, collective investment scheme, or public investment solicitation platform. Nothing on the Platform should be construed as an invitation, solicitation, or recommendation to invest in any third-party project, security, or financial instrument. Should BPrime’s business model evolve to include such functionality, this will only occur following appropriate regulatory engagement, and these Terms (together with the Risk Disclosure & Disclaimer) will be updated accordingly prior to launch.

6. Project Creation and Management

6.1 Creating a Project

You may create a Project by providing information such as its purpose, funding target, timeline, and any supporting details. You are solely responsible for the accuracy and completeness of this information.

6.2 Project Management Tools

The Platform provides tools to assist you in planning tasks, tracking milestones, monitoring budgets, and recording progress in respect of your Project. These tools are provided to support your own project administration and do not constitute professional project management, financial, or business advisory services.

6.3 No Guarantee of Outcome

BPrime does not guarantee that any Project will achieve its funding target, timeline, or intended purpose. Responsibility for the planning, execution, and outcome of a Project rests solely with the Project Owner.

7. Project Funding and Payments

7.1 Self-Funding

Funding of a Project is provided by the Project Owner from the Project Owner’s own resources. BPrime Projects does not, as at the Effective Date, enable third parties to contribute funds to another User’s Project as an investment or donation, save where such functionality is separately and expressly enabled and disclosed by BPrime in writing.

7.2 Payment Processing

All payments made through the Platform, including Project funding and any payments due to a Contract Counterparty under a Generated Contract, are processed by our Payment Processor, Paystack Payments Limited. By making a payment through the Platform, you also agree to Paystack’s applicable terms of service. BPrime does not directly store your full card details.

7.3 Fees

We may charge fees for certain features of the Services, including transaction, platform, or Contract Tools fees, which will be disclosed to you prior to completion of the relevant transaction. Fees are non-refundable except as expressly stated in these Terms or required by Applicable Law.

7.4 Currency and Taxes

Unless otherwise stated, amounts on the Platform are denominated in Nigerian Naira (₦). You are solely responsible for any taxes, levies, or duties applicable to your use of the Services, including amounts paid to a Contract Counterparty.

7.5 Refunds and Reversals

Requests for refunds or reversals will be handled in accordance with our applicable support procedures and the policies of our Payment Processor. We reserve the right to reverse or suspend transactions reasonably suspected of being fraudulent, erroneous, or in breach of these Terms.

8. Contract Tools and Generated Contracts

8.1 Nature of the Contract Tools

The Contract Tools allow you to select templates, populate variable fields, store, share, and, where enabled, electronically execute contracts and agreements relating to your Project, such as agreements with vendors, contractors, suppliers, or collaborators.

8.2 No Legal Advice

BPrime is not a law firm and does not provide legal advice. The Contract Tools, including any template content, are provided for general administrative convenience only and do not constitute, and should not be relied upon as, legal advice regarding the suitability, enforceability, or completeness of any Generated Contract for your particular circumstances. You are solely responsible for ensuring that any Generated Contract you create, populate, or execute is appropriate for your purposes, and we recommend that you seek independent legal advice before relying on a Generated Contract for a significant transaction.

8.3 BPrime Not a Party

BPrime is not, and does not become, a party to any Generated Contract created using the Contract Tools, and assumes no responsibility or liability for the performance, breach, interpretation, or enforcement of any Generated Contract as between a User and a Contract Counterparty. Any dispute arising from a Generated Contract is a matter solely between the parties to that contract.

8.4 Electronic Execution

Where the Contract Tools support electronic signature, such signatures are intended to satisfy the requirements for electronic signatures and electronic records recognised under the Evidence Act 2011 and other Applicable Law. However, the legal validity and enforceability of any Generated Contract, and its electronic execution, depend on the underlying subject matter, the parties involved, and Applicable Law, and BPrime makes no warranty that any Generated Contract or its electronic execution will be enforceable in every circumstance.

8.5 Accuracy of Contract Content

You are solely responsible for the accuracy, legality, and completeness of information you input into a Generated Contract, including in respect of any Contract Counterparty. You represent that you have obtained any necessary consent from a Contract Counterparty to include their Personal Data in a Generated Contract and to process it as described in our Privacy Policy.

8.6 Storage of Generated Contracts

We store Generated Contracts and associated execution records (including timestamps and signatory metadata) in accordance with our Security & Data Protection Statement and the retention periods described in our Privacy Policy, to support your record-keeping and potential evidentiary needs.

9. User-Generated Content

You retain ownership of Content you submit to the Platform, including Project descriptions and Generated Contracts. By submitting Content, you grant BPrime a non-exclusive, worldwide, royalty-free licence to host, store, display, and process such Content solely to operate and provide the Services.

You represent and warrant that any Content you submit is accurate, does not infringe any third party’s rights, and does not violate Applicable Law or the Acceptable Use provisions in Section 12.

10. Acceptable Use

In using the Services, you agree that you shall not:

  • Use the Platform for any unlawful purpose, including money laundering, terrorism financing, or fraud;
  • Create a Project or Generated Contract for the purpose of soliciting funds or entering agreements under false, misleading, or fraudulent pretences;
  • Use the Contract Tools to generate a document intended to deceive, coerce, or defraud a Contract Counterparty or any third party;
  • Attempt to circumvent, disable, or interfere with security-related features of the Services;
  • Use automated means to access the Services without our prior written consent;
  • Impersonate any person or entity, or misrepresent your affiliation with any person or entity;
  • Upload viruses, malware, or other harmful code;
  • Reverse-engineer or decompile the Platform, except to the extent permitted by Applicable Law;
  • Use another User’s Account or SSO credentials without authorisation.

Breach of this Section may result in suspension or termination of your Account under Section 15, and may be reported to competent regulatory or law enforcement authorities where appropriate.

11. Intellectual Property

All intellectual property rights in the Services, including the Platform’s software, design, trademarks (including “BPrime” and “BPrime Projects”), logos, and contract template content authored by BPrime, are owned by or licensed to BPrime Assets Limited. Nothing in these Terms grants you any right to use BPrime’s trademarks or branding without our prior written consent.

You are granted a limited, non-exclusive, non-transferable, revocable licence to access and use the Services for their intended purpose, including using contract templates solely to generate your own Generated Contracts, subject to your compliance with these Terms.

12. Third-Party Services and Links

The Services may integrate with or link to third-party services, including our Payment Processor (Paystack), e-signature or document infrastructure providers, and other BPrime ecosystem platforms accessed via SSO. We do not control and are not responsible for the content, policies, or practices of such third-party services.

13. Disclaimers

THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR UNINTERRUPTED OR ERROR-FREE OPERATION, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW.

We do not warrant that the Platform will be uninterrupted, secure, or error-free, that any Project will achieve its objective, or that any Generated Contract will be legally sufficient or enforceable for your purposes. Please refer to our Risk Disclosure & Disclaimer for further information.

14. Limitation of Liability

To the fullest extent permitted under Applicable Law, BPrime, its directors, officers, employees, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenue, data, goodwill, or business opportunity, arising out of or in connection with your use of the Services, including any Generated Contract or dealings with a Contract Counterparty, whether based on contract, tort, negligence, strict liability, or otherwise.

Nothing in these Terms shall exclude or limit liability for fraud, wilful misconduct, or gross negligence, or any liability that cannot lawfully be excluded or limited. Subject to the foregoing, our aggregate liability to you arising out of or relating to these Terms or the Services shall not exceed the total fees paid by you to BPrime in the twelve (12) months preceding the event giving rise to the claim.

15. Indemnification

You agree to indemnify and hold harmless BPrime, its directors, officers, employees, and affiliates from and against any claims, liabilities, damages, losses, and expenses, including reasonable legal fees, arising out of or connected with: (a) your breach of these Terms; (b) your Content, Project, or any Generated Contract; (c) any dispute between you and a Contract Counterparty; (d) your violation of Applicable Law; or (e) your violation of any third-party right.

16. Suspension and Termination

16.1 By You

You may close your Account at any time by contacting legal@bprimeassets.com, subject to settlement of outstanding obligations, including pending transactions or regulatory record-keeping requirements, and subject to our continued retention of Generated Contracts as described in our Privacy Policy.

16.2 By BPrime

We may suspend or terminate your Account or access to the Services, with or without notice, where you breach these Terms, we reasonably suspect fraudulent or unlawful activity, we are required to do so by Applicable Law, or continued provision of the Services would expose BPrime to legal or regulatory risk.

16.3 Effect of Termination

Upon termination, your right to access and use the Services will cease. Provisions which by their nature should survive termination (including Sections 13, 15, 16, 18, 19, and 21) shall survive.

17. Amendments to These Terms

We may amend these Terms from time to time to reflect changes in our Services, legal or regulatory requirements, or business practices, including any future expansion of BPrime Projects’ functionality. We will notify you of material changes through the Platform or by email before they take effect. Continued use of the Services after the effective date of an amendment constitutes acceptance of the revised Terms.

18. Governing Law and Dispute Resolution

18.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Federal Republic of Nigeria.

18.2 Dispute Resolution

In the event of any dispute arising out of or in connection with these Terms or the Services (excluding disputes arising solely between a User and a Contract Counterparty under a Generated Contract, which shall be governed by the terms of that Generated Contract), the parties shall first attempt to resolve the dispute amicably through good-faith negotiation. If unresolved within thirty (30) days of written notice, either party may refer the dispute to arbitration in Lagos, Nigeria, in accordance with the Arbitration and Mediation Act 2023, before a single arbitrator agreed upon by the parties. Nothing in this Section shall prevent either party from seeking injunctive or equitable relief before a court of competent jurisdiction to prevent irreparable harm.

19. General Provisions

19.1 Entire Agreement

These Terms, together with the incorporated Policies, constitute the entire agreement between you and BPrime regarding the Services and supersede any prior agreements or understandings.

19.2 Severability

If any provision of these Terms is held invalid or unenforceable, the remaining provisions shall continue in full force and effect.

19.3 No Waiver

Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.

19.4 Assignment

You may not assign or transfer your rights or obligations under these Terms without our prior written consent. We may assign these Terms in connection with a merger, acquisition, or sale of assets.

19.5 Force Majeure

We shall not be liable for any failure or delay in performance resulting from causes beyond our reasonable control, including natural disasters, acts of government, telecommunications or internet failures, or other force majeure events.

19.6 Notices

Any notice required under these Terms shall be delivered to legal@bprimeassets.com (for notices to BPrime) or to the email address associated with your Account (for notices to you).

20. Contact Us

BPrime Assets Limited — Legal & Compliance Department

Email: legal@bprimeassets.com

Platform: projects.bprimeassets.com