NairaUSD Privacy Policy
How NairaUSD collects, uses, protects, and manages personal information when you use our website, financial tools, and business intelligence services.
1. Who We Are
NairaUSD (nairausd.com) is owned and operated by Risk Funders Ltd, a registered corporate entity in Nigeria. This Privacy Policy applies to personal information collected, processed, and managed through NairaUSD, including our economic indicator hubs, currency converters, business assessment tools, and communication channels.
For enquiries regarding data governance or to submit a privacy request, contact our Data Protection Officer at privacy@nairausd.com →
2. Information We May Collect
In accordance with data protection principles under the Nigeria Data Protection Act 2023 (NDPA), we collect personal data only when necessary to fulfill specific platform functions:
- Contact details (name, email address, phone/WhatsApp number).
- Commercial details submitted via business diagnostic forms or consultations.
- Inquiries sent via contact forms or editorial correction channels.
- Technical telemetry (IP address, browser type, device specifications).
- Usage data (pages visited, tools accessed, referring URLs).
- Cookie identifiers and session metrics (detailed in our Cookie Policy).
3. Calculator and Business Tool Inputs
NairaUSD provides multiple interactive business intelligence tools (such as the Operating Expense Deficit Tool, Real Return Calculator, and Working Capital Health Check).
Unless explicitly submitted through an opt-in lead form or consultation request, numbers entered into interactive financial calculators execute locally within your web browser via client-side JavaScript. Unsubmitted numerical inputs are not stored in our database or linked to your identity.
4. How We Use Personal Information
We process personal information strictly for legitimate operational purposes:
5. Legal Bases for Processing
Under the Nigeria Data Protection Act 2023 (NDPA), NairaUSD relies on specific lawful bases when handling personal data:
- Consent: When you explicitly opt in to receive market updates, newsletters, or direct communications.
- Contractual Request: When processing data necessary to deliver a requested business assessment or service response.
- Legitimate Interests: For platform security, infrastructure maintenance, and essential traffic analytics that do not override your privacy rights.
- Legal Obligation: Where records must be maintained to fulfill regulatory or statutory compliance duties.
7. Data Sharing & Service Providers
NairaUSD may share personal information with trusted third-party service providers necessary to operate our infrastructure (such as cloud hosting hosts, email delivery systems, and technical analytics frameworks).
8. International Transfers, Retention & Security
International Transfers
Certain cloud hosting, security, and analytics partners process data on servers located outside Nigeria. Where cross-border processing occurs, NairaUSD ensures service partners uphold contractual data security standards compatible with NDPA requirements.
Data Retention & Security Safeguards
We retain personal data only for as long as necessary to fulfill the original purpose of collection or statutory record requirements. We maintain administrative, SSL encryption, access-control, and server-level security safeguards to protect information against unauthorized access, loss, or disclosure.
9. Your Privacy Rights
Under the Nigeria Data Protection Act 2023, users maintain specific statutory rights regarding their personal data:
Exercise Your Privacy Rights
To submit a data access, correction, or erasure request, please contact our desk. Individuals also maintain the right to lodge a complaint with the Nigeria Data Protection Commission (NDPC) if they believe their privacy rights have been infringed.