Disclaimer

Effective date: May 11, 2026

Last updated: September 24, 2026

1. Educational Purpose Only

KiboRise is an independent educational publication. Everything on this Site, including articles, guides, comparisons, yield figures, calculators, charts, examples and asset evaluations, is provided solely for general educational and informational purposes. It is not, and must not be treated as, investment advice, financial advice, legal advice, tax advice, accounting advice or a recommendation, solicitation or offer to buy, sell or hold any security, fund, bond, Treasury Bill, real-estate interest or other financial instrument.

2. No Advisory, Brokerage or Fiduciary Capacity

KiboRise, its owner and its contributors:

  • Are not registered or licensed as investment advisers, broker-dealers, fund or portfolio managers, issuing houses, or capital market operators of any kind with the Securities and Exchange Commission (SEC) Nigeria or any other regulator;
  • Do not manage money, hold client funds, execute or route orders, or operate any trading platform;
  • Do not give personalised recommendations or “tips”, and never tell any individual what to buy or sell;
  • Do not owe any fiduciary duty to any reader; and
  • Do not form any client, advisory or professional relationship with any reader through the Site, the comments, the newsletter or correspondence.

Any reference to a company, security, fund, platform, broker or product is for illustration and education. It is not an endorsement, and it does not mean that the product is suitable for you.

3. Historical Data, Models and Evaluations Are Instructional

Historical yields, returns, prices, dividends, auction results and interest rates, as well as calculator outputs, projections, scenarios and asset evaluations, are instructional illustrations. They show how concepts work. They are not predictions. Past performance is not a reliable indicator of future results. Calculators depend entirely on the inputs and assumptions used, and real outcomes can differ materially, including through losses.

Data is drawn from sources we regard as reliable and is dated where practicable, but rates, prices, fees, eligibility rules and regulations change, sometimes without notice. Information may be out of date by the time you read it. Always confirm current figures with the primary source (the issuer, the regulator or the licensed intermediary) before acting.

4. Investing Carries Risk, Including Loss of Capital

All investing involves risk. Depending on the asset, you can lose some or all of the money you invest. Risks include, without limitation:

  • Market risk: prices can fall sharply and stay low for long periods;
  • Credit and issuer risk: an issuer of a bond, note or other instrument may default or delay payment;
  • Interest-rate risk: changes in rates affect the value of fixed-income instruments and the return on reinvestment;
  • Inflation risk: returns may fail to keep pace with rising prices, reducing real purchasing power;
  • Currency (naira) risk: exchange-rate movements can erode the value of local or foreign-currency investments;
  • Liquidity risk: you may be unable to sell an asset quickly, or at a fair price;
  • Concentration risk: holding too few assets increases exposure to any single loss;
  • Fund and product risk: fees, tracking error, management decisions and structure can affect outcomes;
  • Regulatory, tax and policy risk: rules, taxes and government policies may change; and
  • Platform, counterparty and fraud risk: intermediaries, apps or schemes may fail, be unlicensed or be fraudulent.

Diversification and careful research can reduce some risks, but they cannot eliminate them. No investment is risk-free, and nothing on this Site promises or implies guaranteed returns.

5. Do Your Own Validation and Consult a Registered Professional

You are solely responsible for your own investment and financial decisions. Before you invest, you should:

  • Confirm that any platform, broker, fund manager or adviser you use is properly registered and licensed (you can check the register of capital market operators with the SEC Nigeria); and
  • Obtain advice from a registered, qualified professional who understands your objectives, financial position, risk tolerance and time horizon.

If you cannot afford to lose the money you are considering investing, do not invest it.

6. Third-Party Content and Links

We link to and mention third-party websites, products and services. We do not control them, do not verify all of their content, and are not responsible for them. Nothing on those sites is endorsed by KiboRise. Use them at your own risk.

7. Advertising and Commercial Relationships

The Site displays third-party advertising, including through Google AdSense. Advertisers do not influence our editorial content, and the presence of an advertisement is not an endorsement or a recommendation by KiboRise. If we introduce affiliate links or sponsored content in future, we will label them clearly, and they will not alter our editorial judgement.

8. Forward-Looking Statements

Any statement about the future, including expected returns, potential outcomes or market direction, reflects opinion and assumptions only. It is uncertain and may prove wrong.

9. Limitation of Liability

To the fullest extent permitted by the laws of the Federal Republic of Nigeria, KiboRise and its owner accept no liability for any loss or damage of any kind, whether direct or indirect, including loss of capital or profit, arising from reliance on the Site’s content or from any investment or financial decision, whether or not made after reading our content. This disclaimer is in addition to, and should be read with, our Terms and Conditions.

10. Acknowledgement

By using this Site, you acknowledge that you have read and understood this Disclaimer, that KiboRise provides education rather than advice, and that you accept full responsibility for your own decisions.