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escrow

Is escrow legal in Nigeria? What the CBN, EFCC and the law actually say

Escrow is fully legal in Nigeria when the operator follows CBN payment rules. Here is the regulatory picture in plain English.

21 May 2026 · 3 min read

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HarrenaPay is a product of Harrena Africa Synergy Ltd (RC 8309351), registered in Nigeria, and registered with the Nigeria Data Protection Commission as a data controller and processor (NDPC/DCP/12238). HarrenaPay is not a bank. Wallet and account services are provided in partnership with a CBN-licensed financial institution.

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