How to Recharge Your BRT Cowry Card Online

The Cowry card is a smart payment system introduced to make commuting across Lagos faster and more convenient. It’s widely used on BRT buses, LBSL buses, and ferry services, allowing passengers to pay their fares without the hassle of carrying cash.

With the Cowry card, you simply tap and go — making your daily trips smoother and more efficient. Now, recharging your Cowry card has become even easier. Instead of joining long queues at bus terminals or vendor points, you can top up your card online in just a few minutes using the Cowry app or website.

In this guide, you’ll learn the simple steps to recharge your Cowry card online and keep your Lagos travel stress-free.

What Is a Cowry Card and How It Works

The Cowry card is a contactless smart travel card designed to make public transportation in Lagos simple and cashless. It’s a prepaid card that allows you to pay your transport fares on various platforms such as BRT buses, LBSL buses, LagFerry boats, and other partner transport services across the city.

Using the Cowry card is easy — you just tap the card on the validator machine when boarding and alighting, and your fare is automatically deducted from your balance.

To make recharging convenient, the Lagos State government introduced the Cowry app and Cowry web portal, where commuters can create an account, check their balance, and top up their cards online anytime. This digital system helps reduce queues, promote cashless travel, and make commuting across Lagos faster and more efficient.

Why You Should Recharge Your Cowry Card Online

Recharging your Cowry card online comes with several benefits that make it the smartest and most convenient option for Lagos commuters.

1. Convenience (No Long Queues):

Say goodbye to standing in long lines at bus terminals or vendor points. With online recharge, you can top up your Cowry card from the comfort of your home, office, or even while on the go.

2. 24/7 Access:

The Cowry app and website are always available, meaning you can recharge anytime—day or night—without worrying about working hours or location.

3. Instant Confirmation:

Online payments are processed immediately, and your Cowry card balance updates almost instantly, so you’re ready to travel right away.

4. Safer Than Cash:

Carrying cash can be risky or inconvenient. Online recharge ensures your transactions are secure and your funds are stored safely in your Cowry account.

Step-by-Step Guide to Recharge Your BRT Cowry Card Online

Recharging your BRT Cowry card online is quick and easy. Whether you prefer using the Cowry mobile app or the official website, the process takes just a few minutes. Follow the steps below to top up your card and continue enjoying smooth rides across Lagos.

Option 1 – Using the Cowry App

1. Download and open the Cowry App from the Google Play Store or Apple App Store.

2. Sign in or create a new account using your email address or phone number.

3. From the home screen, tap “Top Up Card.”

4. Enter your Cowry card number (the 10-digit number on your card).

5. Choose your preferred payment method — debit card, bank transfer, or USSD.

6. Confirm and complete the payment. Your Cowry card balance will be updated almost instantly.

Tip: You can also view your transaction history and balance in the app after recharging.

Option 2 – Using the Cowry Website

1. Visit the official website – www.cowrycard.com (verify URL before publishing).

2. Log in or sign up with your registered details.

3. From your dashboard, click “Recharge Card.”

4. Enter your Cowry card number and the amount you want to top up.

5. Select your payment method and complete the process securely online.

Once payment is confirmed, your new balance will reflect immediately or within a few minutes.

How to Check Your Cowry Card Balance Online

After recharging your Cowry card, it’s important to confirm that your payment was successful. The Cowry app and web platform make this process simple and fast.

Using the Cowry App:

1. Open the Cowry app on your phone.

2. Log in with your registered account.

3. Tap on “My Cards” or “Check Balance.”

4. Your current balance will appear instantly on the screen.

Using the Cowry Website:

1. Visit www.cowrycard.com.

2. Log in to your account.

3. Click on “View Balance” under your card details.

Alternatively, you can also check your balance by tapping your Cowry card on the validator machine at any BRT terminal, LBSL bus, or ferry service point.

Common Issues and How to Fix Them

Even though the online recharge process is smooth, a few issues can occasionally occur. Here’s how to resolve them:

1. Recharge Not Reflecting:

If your payment was successful but your Cowry balance hasn’t updated, wait a few minutes and refresh your app. If it still doesn’t reflect, contact Cowry customer support or visit a nearby terminal with your payment receipt.

2. Wrong Card Number Entered:

Always double-check your Cowry card number before making a payment. If you entered the wrong number, contact Cowry support immediately with your transaction details for possible correction.

3. Payment Errors:

If your payment fails or shows an error, confirm that your internet connection is stable and your bank account or card has sufficient funds. You can also try an alternative payment method such as USSD or bank transfer.

Tips to Keep Your Cowry Card Active

To ensure smooth travel and avoid disruptions, follow these simple tips to keep your Cowry card active and in good condition:

• Always Keep a Small Balance: Don’t wait until your balance is zero before recharging. Keeping a little extra ensures you can board even when you’re in a hurry.

• Avoid Physical Damage: Keep your card away from heat, water, or bending to prevent it from becoming unreadable at terminals.

• Register Your Card for Security: Linking your Cowry card to your online account protects your balance in case the card is lost or stolen.

Conclusion

Recharging your BRT Cowry card online is one of the easiest ways to enjoy stress-free commuting across Lagos. It saves you time, helps you avoid long queues, and ensures you always have enough balance for your daily trips on BRT buses, LBSL buses, and ferry services. With the Cowry app and website, you can top up your card anytime, anywhere — securely and conveniently.

Now that you know how to recharge your Cowry card online, you can travel smarter and more efficiently. Don’t wait until your card runs out of balance — try recharging today and skip the queues!

Frequently Asked Questions

Can I top up my Cowry card online?

Yes, you can top up your Cowry card online using either the Cowry app or the official Cowry website. This online recharge option was created to make commuting in Lagos easier, faster, and more convenient. With just a few clicks, you can add money to your card anytime—without visiting a physical terminal or vendor.

The Cowry app, available on both Android and iOS, allows you to log into your account, add your Cowry card number, and top up using different payment methods such as debit card, bank transfer, or USSD. Once your payment is complete, your balance updates automatically, allowing you to continue traveling on BRT buses, LBSL buses, and ferries without interruption.

Online top-up is also accessible through the Cowry web portal. Simply visit www.cowrycard.com, sign in, and navigate to the “Recharge Card” section. Enter your card details and preferred amount, make payment securely, and your card will be funded immediately.

The main advantage of online top-up is convenience. You can recharge from home, work, or anywhere with an internet connection. It’s also safer, since you don’t have to handle cash or queue at bus terminals. Plus, all transactions are recorded, so you can track your spending easily through your online account.

In short, yes—you can top up your Cowry card online, and it’s the most efficient way to ensure uninterrupted access to Lagos transport services.

Can I recharge my BRTS card online?

Yes, you can recharge your BRTS (Bus Rapid Transit System) Cowry card online through the official Cowry digital payment platforms. The Cowry system is integrated with the Lagos BRT network, meaning your BRTS card is the same Cowry card used across multiple transport modes in Lagos.

To recharge, download the Cowry App from your device’s app store. Once installed, sign up or log in using your phone number or email. Next, tap on “Top Up Card,” enter your Cowry card number (found on the front or back of your card), choose your payment method, and confirm. Your new balance will reflect instantly or within a few minutes.

Alternatively, you can visit the Cowry website on your browser. Go to the “Recharge” section, input your card number and desired amount, and make your payment securely online.

Online recharging is not only fast but also reliable. It allows you to keep your BRTS card active without worrying about long queues at terminals. Since the Cowry card works across different public transport options, one online recharge covers all supported routes.

This digital upgrade supports Lagos’s vision for a cashless and smart transportation system, making it easier for passengers to pay fares with minimal stress.

How to pay for BRT with phone?

Paying for your BRT ride with your phone is now possible through the Cowry mobile app and other digital options integrated into the Lagos transport system. The Cowry app enables commuters to link their Cowry card to their mobile account, fund it digitally, and use it to pay for trips seamlessly.

Here’s how it works:

1. Download and install the Cowry app from your app store.

2. Register or sign in with your phone number or email.

3. Link your Cowry card by entering the card number.

4. Top up your account using a debit card, bank transfer, or USSD option.

5. Once your card is funded, simply tap your card on the validator at the bus terminal or inside the bus.

Although you can’t yet tap your phone directly to pay at the terminal (as NFC payment integration is still being rolled out), you can manage all payments through your phone — including topping up, checking your balance, and viewing your travel history.

This method saves time, provides instant receipts, and allows you to travel cash-free. As Lagos moves toward a fully digital transport network, phone-based payments through the Cowry app are becoming more popular and essential.

What is the USSD code for Cowry card balance?

As of now, there isn’t a specific USSD code that allows you to check your Cowry card balance directly from any network. However, you can easily check your balance through the Cowry mobile app or official website.

The app gives real-time updates on your current balance, recent transactions, and recharge history. All you need to do is log in, select your linked Cowry card, and view your balance under “My Cards.” The process takes only a few seconds and doesn’t require an internet-heavy connection.

That said, Cowry may introduce a dedicated USSD code in the future to make it easier for users without smartphones or internet access to check their balances. For now, the app and website remain the most reliable and accurate platforms for checking your Cowry card balance.

If you’re on the move, you can also check your balance by tapping your card on the validator machine at any BRT or ferry terminal — your remaining balance will display instantly on the screen.

How to top up on Cowrywise?

Cowrywise is a different digital platform entirely — it’s a personal finance and investment app, not part of the Lagos transportation system. While “Cowry card” handles transport payments, Cowrywise helps users save and invest their money securely online.

To top up your Cowrywise account, follow these steps:

1. Download the Cowrywise app from the Google Play Store or Apple App Store.

2. Sign in or create an account using your email or phone number.

3. On your dashboard, select “Add Money” or “Top Up.”

4. Choose your payment method — bank transfer, debit card, or automated savings.

5. Enter the amount you wish to deposit and confirm the transaction.

Your Cowrywise wallet will be credited instantly or within a few minutes, depending on your bank. From there, you can allocate funds to different plans — such as emergency savings, mutual funds, or investment options.

It’s important not to confuse Cowrywise with Cowry card. The Cowry card is for transportation payments in Lagos, while Cowrywise is a fintech platform for saving and investing money. Both share a similar name but serve completely different purposes.

How to check BRT card balance?

Checking your BRT Cowry card balance is simple, whether you prefer using your phone, computer, or the terminals at Lagos bus stations. The Cowry system was designed to make this process quick, digital, and accessible to every commuter.

The easiest way to check your balance is through the Cowry mobile app, which is available on the Google Play Store and Apple App Store. Once installed, log in or create an account using your registered phone number or email address.

After signing in, go to the dashboard and tap “My Cards.” You’ll see all linked Cowry cards, along with your current balance, transaction history, and recharge details.

If you don’t have the app, you can use the Cowry website instead. Visit www.cowrycard.com and log in. Once inside your account, navigate to the “View Balance” section. The website provides the same real-time information as the app, allowing you to track your usage and manage your funds easily.

For commuters who don’t have internet access, you can also check your Cowry card balance at any BRT or LBSL terminal. When you tap your card on the validator machine before boarding, the screen will briefly display your remaining balance. This helps you know whether you have enough funds for your trip.

Keeping track of your balance ensures you’re never stranded or delayed due to insufficient funds. It also helps with budgeting your daily transport costs, especially if you commute frequently.

In summary, the best ways to check your BRT card balance are:

• Via the Cowry app (fastest and most convenient)

• Through the official Cowry website

• By tapping your card on a terminal validator before travel

Using any of these methods will give you accurate, up-to-date balance information instantly.

Does a Cowry card expire?

The Cowry card does not have a fixed expiration date like a debit card, but it’s designed to remain valid as long as it’s in good working condition and actively used. The system is built for long-term use, allowing commuters to recharge and travel seamlessly across Lagos without worrying about expiry.

However, inactivity for an extended period (typically 12 to 24 months) may result in the card being temporarily deactivated. This is done for security and system maintenance reasons. If your card becomes inactive, you can easily reactivate it by visiting a Cowry customer service center or logging into your account and making a new transaction.

Physical damage, though, can render your card unusable. Since the Cowry card relies on contactless technology, scratches, cracks, or exposure to heat and moisture can affect the embedded chip. If that happens, you’ll need to visit a Cowry service point to request a replacement card.

To ensure your Cowry card remains active and functional:

• Use it regularly for your BRT or ferry trips.

• Avoid physical damage by keeping it in a safe holder or wallet.

• Register your card online so that your balance and account details are protected even if your card is lost or replaced.

So, while your Cowry card itself doesn’t expire in a typical sense, its usability depends on how well it’s maintained and how frequently it’s used. Proper care ensures you can continue using it for years without any issue.

Is Cowrywise available on mobile?

Yes, Cowrywise is fully available on mobile devices, and it’s one of the reasons why the app has become so popular among Nigerian users. Cowrywise offers both a mobile app and a web version, allowing users to manage their finances conveniently from their smartphones.

The Cowrywise mobile app can be downloaded for free from the Google Play Store (for Android users) and the Apple App Store (for iOS users). The app allows users to perform all major financial actions — including saving, investing, monitoring returns, and automating their savings plans — right from their phones.

Once you create an account on the app, you can:

• Deposit funds instantly from your bank account or debit card.

• Create multiple savings plans for different goals (e.g., rent, business, school fees).

• Invest in mutual funds and low-risk portfolios.

• Track your progress and interest earnings in real-time.

Cowrywise’s mobile availability has made saving and investing much easier for Nigerians who prefer managing their finances digitally. The interface is user-friendly, secure, and optimized for both low-end and high-end smartphones.

In addition, the mobile app comes with advanced security features such as two-factor authentication (2FA) and data encryption, ensuring users’ money and information remain safe.

So, whether you’re an Android or iPhone user, Cowrywise is fully accessible on mobile, allowing you to save, invest, and grow your wealth anytime, anywhere — all from your pocket.

How do you identify a real cowry shell?

Identifying a real cowry shell requires attention to detail, as modern replicas made of plastic or resin can look very similar to the natural version. Genuine cowry shells come from marine mollusks belonging to the Cypraeidae family and are found in tropical waters.

Here’s how to identify an authentic cowry shell:

1. Texture and Feel:
   Real cowry shells have a smooth, glossy surface that feels almost like polished glass. They get this shine naturally from the snail’s mantle, which constantly polishes the shell. Fake cowries often feel too smooth or plastic-like, with an artificial shine.

2. Weight:
   A genuine cowry shell has a bit of weight because it’s made of calcium carbonate. Counterfeit shells made from plastic or resin are lighter.

3. Color and Pattern:
   Real cowries display natural, unique patterns that vary slightly from one shell to another. Fake ones often have uniform color or identical markings — a clear sign of being machine-made.

4. Shape and Opening:
   Authentic cowries have an oval shape with a long, narrow slit-like opening lined with small teeth. The edges should feel solid and natural, not sharp or uneven.

5. Sound Test:
   If you gently tap a real cowry shell on a hard surface, it produces a crisp, ceramic-like sound. A fake one usually sounds dull or plastic.

Cowry shells were once used as money and symbols of wealth in Africa and Asia, so distinguishing real ones from imitations is important for collectors and cultural practitioners.

In summary, a real cowry shell feels solid, naturally glossy, slightly heavy, and features irregular natural patterns — unlike cheap, uniform plastic replicas.

Who is the owner of Cowry card?

The Cowry card system is owned and managed by Touch and Pay Technologies Limited (TAP), a Nigerian fintech company based in Lagos. TAP operates under the supervision of the Lagos Metropolitan Area Transport Authority (LAMATA) — the government agency responsible for managing public transportation in Lagos State.

Touch and Pay (TAP) was founded to create contactless payment solutions for the transport sector, aiming to eliminate cash transactions and make commuting easier. Through a partnership with LAMATA, TAP developed the Cowry card — a smart travel card that enables seamless, cashless fare payments across BRT, LBSL, and ferry services in Lagos.

The company also built the Cowry app and digital wallet, which allow users to recharge their cards, track expenses, and view balances online. TAP handles the technological infrastructure, while LAMATA oversees operations and regulations to ensure the system aligns with Lagos State’s Smart City vision.

The success of Cowry card has made Touch and Pay one of the leading innovators in Nigeria’s transport fintech space. Their mission extends beyond Lagos — they aim to expand this cashless transport model to other African cities.

In essence, while LAMATA owns the transport network, Touch and Pay Technologies owns and operates the Cowry card platform. Together, they’re transforming how millions of Lagosians pay for public transport daily.

Are cowry shells still used today?

Yes, cowry shells are still used today, but not as currency like in ancient times. While they no longer serve as official money, cowry shells continue to hold significant cultural, decorative, and spiritual importance in various parts of the world, especially across Africa, Asia, and the Pacific Islands.

Historically, cowry shells — particularly the Cypraea moneta species — were among the earliest forms of currency used in Africa, China, and parts of India. They were valued for their durability, beauty, and difficulty to counterfeit.

In West Africa, for example, cowries were widely used in trade before the introduction of coins and paper money by European colonizers.

Today, their role has shifted from economic to symbolic and artistic uses:

1. Cultural and Spiritual Significance:
   In many African and Caribbean cultures, cowry shells are used in traditional ceremonies, spiritual practices, and divination. Among the Yoruba people of Nigeria, cowries are associated with wealth, fertility, and divine protection. Spiritual healers and priests often use them in rituals or as offerings to deities like Oshun and Yemoja.

2. Jewelry and Fashion:
   Cowry shells are also popular in fashion. Designers use them to make necklaces, bracelets, earrings, and anklets. They’re considered timeless symbols of beauty, prosperity, and African heritage. You’ll often find cowry accessories at cultural events, music festivals, and Afrocentric fashion stores.

3. Home Decoration and Art:
   Many artisans and interior designers incorporate cowry shells into wall art, furniture, and decorative pieces. They add a natural and cultural touch to homes, hotels, and art galleries.

4. Educational and Historical Value:
   Cowry shells are still used in museums and classrooms as historical artifacts. They help teach younger generations about precolonial trade systems and traditional African economies.

Even though cowries are no longer legal tender, their symbolic value remains strong. They’ve evolved from being a means of exchange to representing heritage, spirituality, and identity.

So yes — cowry shells are very much still used today, not to buy goods, but to express culture, art, and spiritual connection.

How to pay bus fare with mobile phone?

Paying your bus fare with your mobile phone is becoming more common in Nigeria and many parts of the world, thanks to digital payment systems like the Cowry app. This technology allows passengers to pay seamlessly without using cash, making public transport faster, safer, and more efficient.

Here’s how to pay your bus fare using your phone, especially in Lagos:

1. Download the Cowry App:
   Go to the Google Play Store or Apple App Store and install the Cowry App, the official platform for Lagos public transport payments.

2. Create an Account:
   Open the app and register with your phone number or email address. Once you log in, you’ll get access to your Cowry wallet, where you can manage your funds and cards.

3. Top Up Your Wallet:
   Add money to your Cowry account using a debit card, bank transfer, or USSD code. The wallet balance will be used to pay for your bus rides.

4. Link Your Cowry Card (Optional):
   If you already have a physical Cowry card, link it to your app by entering the card number. This lets you recharge and track your card directly from your phone.

5. Make Payment:
   When you’re ready to board a BRT or LBSL bus, simply tap your Cowry card on the validator machine. Although you currently can’t “tap” your phone directly to pay (because NFC payments are not yet supported for all devices), the Cowry app lets you recharge your card, check balances, and view trip history instantly.

6. Alternative Mobile Payment Options:
   In some cases, commuters can also use QR codes or transport payment wallets integrated with their mobile phones. This feature is gradually expanding as Nigeria adopts more smart transportation technologies.

The key benefits of paying your bus fare with your mobile phone include:

• Convenience: No need to carry cash or queue for tickets.

• Security: Digital payments reduce theft and cash handling risks.

• Speed: Quick boarding with instant confirmation of payment.

• Record Keeping: The app keeps all your receipts and travel history.

In summary, paying bus fares with your mobile phone in Lagos is made easy through the Cowry app, which connects directly to your transport wallet. It’s fast, secure, and the future of public transportation in Nigeria.

How can I top up my Cowry card online?

Topping up your Cowry card online is one of the easiest ways to fund your Lagos public transport card without stress. Instead of visiting a terminal or queueing at a vendor stand, you can recharge from your phone or computer anytime, using the Cowry app or the Cowry web portal.

Here’s how to do it step by step:

1. Download the Cowry App:
   Start by downloading the official Cowry app from the Google Play Store (Android) or Apple App Store (iPhone). Once installed, sign up or log in using your phone number or email address.

2. Add Your Cowry Card:
   On the app’s home screen, look for “Add Card.” Enter the 10-digit number printed on your Cowry card to link it to your account.

3. Tap “Top Up Card”:
   After linking, tap “Top Up Card” to begin the recharge process.

4. Select Payment Method:
   Choose your preferred option — debit card, bank transfer, or USSD. The app accepts most Nigerian banks and payment methods.

5. Enter the Amount and Confirm:
   Type the amount you wish to load onto your card and confirm the payment. Within seconds, your card balance updates automatically.

Alternatively, you can use the Cowry website at www.cowrycard.com. Log in, click “Recharge Card,” enter your details, and complete payment securely online.

The online top-up option is fast, safe, and available 24/7. It eliminates the need to handle cash or wait at busy terminals, ensuring your BRT or LBSL trips remain smooth.

In short, with internet access and a smartphone, you can top up your Cowry card online anytime, anywhere, and enjoy Lagos transportation without interruption.

How do you check your balance on Cowry?

Checking your Cowry card balance is simple, whether you use the Cowry mobile app, the official website, or a BRT terminal validator.

Here’s how to check it in different ways:

1. Using the Cowry App:

   • Open the Cowry app and log in.

   • Tap “My Cards” on your dashboard.

   • Your current balance and transaction history will appear instantly.
     This is the most convenient option because it works anywhere you have internet access.

2. Using the Cowry Website:

   • Visit www.cowrycard.com.

   • Log in using your registered account.

   • Click “View Balance” or “Check Card Balance.”

   • Your balance will display along with recent top-ups and trip deductions.

3. Using a Terminal Validator:
   If you’re at a BRT or ferry terminal, simply tap your Cowry card on the validator machine. The screen will show your remaining balance before boarding.

4. Via Customer Support:
   If you experience any issues, you can reach out to Cowry customer care through the app or at official terminals for help checking your balance.

Knowing your balance helps you plan your transport expenses, avoid being stranded, and monitor your card activity for security.

How to check balance USSD code?

At the moment, there’s no official USSD code for checking your Cowry card balance directly from any mobile network. The Cowry system currently relies on its mobile app and web portal for real-time updates.

However, Cowry is constantly improving its services, and a USSD option may be introduced later to help users without smartphones or internet access.

In the meantime, you can check your balance through:

• The Cowry App: Log in, select “My Cards,” and view your available balance instantly.

• The Cowry Website: Go to your account dashboard on www.cowrycard.com.

• Validator Machines: Tap your card at BRT terminals to see your balance on-screen.

If a USSD code is launched in the future, it will likely follow a short format such as *XXX# and work across all networks (MTN, Airtel, Glo, 9mobile). Always verify any code from official Cowry or LAMATA sources before use to avoid scams.

For now, the safest and most accurate way to check your balance is through the Cowry app or website.

What is the limit on Cowrywise?

The Cowrywise platform is a financial app that lets users save and invest securely. Unlike the Cowry transport card, it’s focused on personal finance. Cowrywise doesn’t limit how much you can save or invest, but there are some guidelines based on account verification level and regulatory compliance.

1. For Unverified Users:
   If your account isn’t fully verified (meaning your BVN and ID haven’t been confirmed), your wallet limit might be restricted to smaller transactions for security reasons.

2. For Verified Users:
   Once you verify your account by linking your BVN and submitting your ID, you can deposit, save, and invest unlimited amounts based on your financial goals. There’s no maximum savings cap.

3. Investment Limits:
   You can invest as little as ₦100 in certain mutual funds and up to millions of naira across portfolios. Cowrywise partners with licensed fund managers, so investments comply with Nigerian SEC regulations.

4. Withdrawal and Funding Limits:
   Transfers into and out of your Cowrywise wallet are typically handled via your linked bank account. There’s no strict upper limit, but banks may impose daily transaction caps (e.g., ₦5 million for personal accounts).

In summary, Cowrywise doesn’t restrict how much you can save or invest, but your account must be verified for full access. It’s designed to encourage consistent saving and wealth growth, not limit it.

How to use BRT card?

Using your BRT Cowry card is easy, fast, and part of Lagos’s move toward a cashless transport system. The Cowry card replaces physical tickets and cash payments, allowing passengers to board with a simple tap.

Here’s how to use it:

1. Buy and Activate Your Cowry Card:
   You can get a Cowry card from any BRT terminal or authorized vendor. Once purchased, load it with funds using the Cowry app, website, or terminal recharge point.

2. Tap to Board:
   When entering a BRT bus, locate the validator machine (usually near the driver or entrance). Tap your Cowry card gently on the reader. The fare will be automatically deducted from your balance.

3. Tap to Exit:
   When you reach your destination, tap again before leaving. This ensures the correct fare is calculated, especially for distance-based trips.

4. Recharge When Needed:
   You can top up your card anytime online or at terminals. Always keep a small balance to avoid delays.

5. Check Balance Regularly:
   Use the Cowry app or validator machine to see how much credit remains.

Using the Cowry card helps reduce queue times, eliminates the need for cash, and makes public transport smoother for everyone. It’s accepted on BRT, LBSL, and LagFerry routes, making it a universal travel card for Lagos commuters.

How do I add a card to my Cowrywise?

Adding a debit card to your Cowrywise account allows you to fund your savings and investment plans automatically. It’s simple, secure, and takes less than two minutes to set up. Cowrywise partners with top financial technology providers to make this process safe for all users.

Here’s a step-by-step guide to adding your debit or ATM card:

1. Open the Cowrywise App:
   Download the Cowrywise app from the Google Play Store or Apple App Store and log in to your account. If you’re a new user, sign up using your phone number or email and verify your BVN for full access.

2. Go to “Settings” or “Payment Methods”:
   From your dashboard, navigate to the menu and select Payment Methods. This is where you can manage your debit cards or linked bank accounts.

3. Tap “Add New Card”:
   Choose “Add New Card,” then enter your card details — card number, expiry date, and CVV. Make sure the card is active and supports online transactions.

4. Authorize with OTP:
   You’ll receive a One-Time Password (OTP) from your bank. Enter the code to verify ownership of the card.

5. Save Card Successfully:
   Once verified, your card is securely linked to your Cowrywise wallet. You can now fund your savings automatically or manually anytime.

Cowrywise accepts cards from major Nigerian banks (GTBank, Access Bank, Zenith, First Bank, etc.) and supports Verve, Visa, and MasterCard.

Tips:

• Ensure your card has sufficient balance before funding a plan.

• You can add multiple cards if needed and choose a default for auto-debits.

• If a card expires, simply delete and add a new one.

Adding your debit card to Cowrywise makes saving easier — no need for manual transfers or forgotten deadlines. The app handles your contributions automatically, helping you stay consistent on your financial goals.

What is the price of a BRT card?

The Cowry BRT card is affordable and designed for everyone who uses Lagos public transport. As of the most recent updates from LAMATA (Lagos Metropolitan Area Transport Authority), the Cowry card typically costs ₦200 to ₦500, depending on where you purchase it.

Here’s a breakdown of what you should know:

1. Card Purchase Fee:
   The standard Cowry card price is ₦200 when bought from official BRT terminals or recognized sales points. However, in some locations or vendor outlets, it may be slightly higher (₦300–₦500) due to administrative or processing fees.

2. Initial Balance:
   Most cards come with no preloaded balance, meaning you’ll need to top up after purchase. For instance, you might buy a card for ₦200 and then recharge ₦1,000 for travel use.

3. Where to Buy:

   • BRT terminals (e.g., Oshodi, Ikeja, CMS, Ajah)

   • LBSL bus stations

   • Cowry customer service centers

   • Authorized street vendors (ensure they are legitimate)

4. Replacement Costs:
   If you lose or damage your card, replacement typically costs another ₦200–₦300. Registered users can transfer their remaining balance to the new card through Cowry support.

The Cowry card is reusable and rechargeable, making it a one-time investment for daily commuters. Once you own one, you can use it indefinitely across BRT, LBSL, and LagFerry services.

So, the price of a Cowry BRT card is minimal compared to its convenience — a small cost for faster, cashless Lagos travel.

How much is Oshodi to Ajah?

The BRT fare from Oshodi to Ajah in Lagos varies depending on factors like traffic time, route, and fare adjustments by LAMATA or LBSL. As of recent rates, you can expect to pay between ₦700 and ₦1,200 for a one-way trip using your Cowry card.

Here’s a closer look at the details:

1. Route Overview:
   The Oshodi–Ajah route covers a long stretch across the Oshodi–Lekki–Ajah corridor, passing through major stops like Anthony, Ikoyi, CMS, and Lekki Phase 1.

2. Peak and Off-Peak Pricing:

   • Morning Peak (6 AM–9 AM): ₦900–₦1,200

   • Off-Peak Hours (10 AM–3 PM): ₦700–₦900

   • Evening Peak (4 PM–8 PM): ₦900–₦1,100

3. Discount for Frequent Riders:
   Regular commuters using registered Cowry cards may qualify for discounts or loyalty benefits, reducing overall costs over time.

4. Payment Method:
   The fare is deducted automatically when you tap your Cowry card on the validator at the entry and exit points.

These prices may change due to fuel costs, government subsidy adjustments, or transport policy updates, so it’s always best to check the Cowry app or notice boards at BRT terminals for current fares.

Overall, traveling from Oshodi to Ajah is affordable, comfortable, and cash-free with your Cowry card — one tap, and you’re good to go.

Can I withdraw my money from Cowrywise anytime?

Yes, you can withdraw your money from Cowrywise, but it depends on the type of plan you’ve set up. Cowrywise encourages disciplined saving, so some withdrawals are instant while others follow a schedule.

Here’s how it works:

1. For Flexible Savings:
   If you’re using a Flexible Plan, you can withdraw your funds anytime, provided your target maturity date has passed. Withdrawals to your bank account are usually processed within minutes to a few hours.

2. For Locked Plans (Fixed Savings):
   If your savings are in a Locked Plan, you’ll need to wait until the maturity date before withdrawing. This plan is designed to help users avoid impulsive spending and achieve long-term goals.

3. Investment Accounts:
   Withdrawals from investment plans depend on the fund’s structure. Some mutual funds have processing times of 1–3 business days due to market settlements.

4. Withdrawal Process:

   • Log in to the Cowrywise app.

   • Go to “Plans” and select the one you want to withdraw from.

   • Tap “Withdraw Funds.”

   • Choose your linked bank account.

   • Confirm withdrawal.

5. Bank Transfer Time:
   Withdrawals are processed almost instantly, but delays can occur if your bank network is slow.

In summary, yes — you can withdraw money from Cowrywise anytime, depending on your plan type. The app’s design encourages saving discipline, but it doesn’t lock you out of your funds unnecessarily.

How to identify fake shells?

Fake cowry shells are becoming common due to mass production in the jewelry and souvenir markets. To distinguish a real cowry shell from a fake one, you’ll need to look closely at texture, color, weight, and surface quality.

Here’s how to tell the difference:

1. Check the Texture:
   Real cowry shells have a smooth, glossy surface that feels natural. Fakes made of plastic or resin often feel too light or have a slightly rubbery finish.

2. Look at the Shape:
   Authentic cowries have a curved, egg-like shape with a narrow slit underneath. Fakes sometimes appear flatter or perfectly symmetrical — a sign of mold production.

3. Color Examination:
   Real shells display subtle color variations, especially creamy whites or light browns. Fakes often have unnaturally bright or uniform coloring.

4. Weight Test:
   Genuine cowries are heavier and denser than imitations. Hold one in your hand — if it feels unusually light, it’s likely fake.

5. Sound Test:
   Tap the shell lightly on a hard surface. A real cowry makes a crisp, ceramic-like sound, while fakes make a dull, plastic tap.

6. Magnifying Glass Inspection:
   Under magnification, real shells show natural growth lines and fine ridges. Fakes lack these organic patterns.

7. Origin and Seller Reputation:
   Always buy from trusted vendors or cultural artifact shops. If the price seems too cheap, it’s probably imitation.

Real cowry shells carry natural imperfections and individuality, while fakes tend to look identical. For collectors, spiritual use, or decoration, authenticity matters — so always inspect carefully before purchase.

How much is a cowrie shell worth?

The value of a cowrie shell depends on several factors — such as its type, size, rarity, color, and cultural significance. While most cowry shells are inexpensive today, certain rare species or historically significant shells can be surprisingly valuable to collectors, jewelers, and spiritual practitioners.

Here’s a detailed breakdown of what determines the worth of a cowrie shell:

1. Common Cowry Shells (Cypraea moneta & Cypraea annulus):
   These are the small white or yellowish shells most people recognize. They are abundant across the Indian Ocean and West African coasts. In Nigeria and other parts of Africa, you can buy 100–200 shells for around ₦500 to ₦1,000, making each shell worth just a few naira.

2. Decorative and Polished Cowries:
   When cowry shells are cleaned, polished, or made into jewelry (bracelets, necklaces, or earrings), their retail value increases significantly. A single pendant or bracelet with real cowries can cost ₦1,000–₦5,000, depending on craftsmanship and materials used.

3. Rare Cowry Species:
   Some cowries are naturally rare or come from deep-sea environments. For example, Tiger Cowries (Cypraea tigris) and Golden Cowries (Cypraea aurantium) are prized by collectors for their striking patterns and scarcity. Individual pieces can be valued anywhere from ₦10,000 to ₦100,000, especially if they’re large and well-preserved.

4. Historical and Cultural Cowries:
   In West Africa, cowries once served as currency before modern money arrived. Authentic ancient or ceremonial cowries found in archaeological sites can be worth much more — sometimes sold to museums or collectors for thousands of naira per shell.

5. Spiritual and Symbolic Value:
   In Yoruba, Igbo, and other African traditional religions, cowries are still used for divination, rituals, and offerings. Their spiritual value often outweighs their monetary cost, as they’re believed to symbolize wealth, protection, and fertility.

Summary:

• Common cowry shell: ₦5–₦10 per piece.

• Decorative cowry jewelry: ₦1,000–₦5,000.

• Rare collector cowries: ₦10,000–₦100,000+.

• Spiritual cowries: Value depends on use and cultural meaning.

So while most cowries are inexpensive, some rare or sacred ones hold significant economic and cultural worth. In essence, their value is more symbolic than financial — representing wealth, heritage, and spiritual power.

How many types of cowries do we have?

There are over 250 recognized species of cowry shells worldwide, each varying in size, color, and shape. Cowries belong to the family Cypraeidae, a group of marine snails found mainly in tropical and subtropical seas.

Below are some of the most common and important types you should know:

1. Monetary Cowry (Cypraea moneta):
   This is the most famous cowry species, historically used as money across Africa and Asia. It’s small, smooth, and typically white or pale yellow. The Cypraea moneta is what inspired the term “money cowry.”

2. Ring Cowry (Cypraea annulus):
   Also known as the gold ring cowry, this shell has a distinct yellow ring on its back. It’s native to the Indian Ocean and is often used in jewelry and traditional adornments.

3. Tiger Cowry (Cypraea tigris):
   Large and beautifully patterned with dark spots, the tiger cowry is one of the most recognizable species. It’s popular among shell collectors and symbolizes strength and beauty.

4. Golden Cowry (Cypraea aurantium):
   Known for its shiny golden hue, this species is rare and highly valued. It was once considered sacred in Polynesian cultures and reserved for chiefs and nobles.

5. Flame Cowry (Cypraea caputserpentis):
   This smaller species has a reddish-orange color, resembling flickering flames. It’s often used in spiritual ornaments and marine art.

6. Arabian Cowry (Cypraea arabica):
   Found in the Red Sea and Indian Ocean, the Arabian cowry has intricate patterns resembling Arabic calligraphy, making it a favorite for collectors.

7. Deer Cowry (Cypraea cervus):
   Native to the Caribbean, this large shell has horn-like patterns, giving it its name. It’s one of the largest species, sometimes over 15 cm long.

8. Mole Cowry (Cypraea talpa):
   Found in shallow tropical waters, this species has a dark brown, mole-like texture and is prized for its unusual color.

Although there are hundreds of cowry varieties, these are the most recognized and widely distributed. Each type carries unique meanings in different cultures — from wealth and love to protection and power.

In Nigeria and across West Africa, the monetary and ring cowries remain the most common, often seen in traditional ceremonies, fashion, and art.

In summary:

• Over 250 cowry species exist globally.

• The most popular include Cypraea moneta, annulus, tigris, aurantium, and arabica.

• Each type has distinct beauty and meaning — from spiritual use to artistic and historical significance.

Cowry shells may be small, but their diversity and symbolism make them a powerful link between nature, culture, and history.

How to load Cowry card online?

Loading or recharging your Cowry card online is the most convenient way to fund your Lagos transport card without standing in long queues at BRT or ferry terminals. The process is fast, secure, and available 24/7 using either the Cowry app or the Cowry website.

Here’s how you can do it step by step:

1. Download and Install the Cowry App

If you don’t already have it, download the Cowry App from the Google Play Store (for Android users) or the Apple App Store (for iPhone users). Once installed, open it and log in or create a new account using your phone number or email.

2. Link Your Cowry Card

On your app dashboard, tap “Add Card” and enter the 10-digit number printed on the back of your Cowry card. This links your physical transport card to your digital account.

3. Tap “Top Up Card”

Select the “Top Up Card” option on your app’s homepage.

4. Choose Payment Method

Pick your preferred payment option — debit card, bank transfer, or USSD. Cowry accepts most Nigerian banks and payment cards.

5. Enter Amount and Confirm Payment

Input the amount you wish to load (e.g., ₦500, ₦1,000, ₦2,000). Confirm and complete the transaction. Your new balance will reflect immediately in your Cowry app and on your physical card once synced.

Alternatively, you can recharge on the official website — www.cowrycard.com. Log in, select “Recharge Card,” enter your card details, and complete payment securely online.

Why use online loading?

• It’s fast and cashless — no need to queue.

• It’s available 24/7 from your phone.

• You can track all top-ups in your transaction history.

• It’s safe and convenient for daily commuters.

In summary, to load your Cowry card online, simply log into the Cowry app or website, choose “Top Up,” make payment, and your card will be funded instantly — no stress, no queue!

Who is the CEO of Cowrywise?

The CEO of Cowrywise is Razaq Ahmed, a Nigerian fintech entrepreneur and investment professional. He co-founded Cowrywise along with Edward Popoola to simplify digital savings and investment for Nigerians.

Razaq Ahmed has a background in Economics and Investment Banking, with years of experience in the finance and technology industries. Before starting Cowrywise, he worked as an investment analyst, where he noticed how difficult it was for young Nigerians to access professional investment services due to high minimum requirements.

This realization inspired him to create Cowrywise — a digital platform that allows anyone to start saving and investing with as little as ₦1000. Under his leadership, the company has grown rapidly, gaining partnerships with major fund managers, regulators, and banks in Nigeria.

Key facts about Razaq Ahmed:

• He is a graduate of Obafemi Awolowo University (OAU), where he studied Economics.

• He completed executive education programs at the University of Oxford and Harvard Kennedy School.

• Razaq has been featured in Forbes Africa, TechCrunch, and other global publications for his impact in fintech innovation.

Under his direction, Cowrywise has become one of Nigeria’s most trusted wealth management apps, licensed by the Securities and Exchange Commission (SEC). The company’s mission is to make financial planning accessible to everyone — not just the wealthy.

So, the CEO and face behind Cowrywise’s success is Razaq Ahmed, a visionary committed to helping Nigerians grow their wealth safely and intelligently.

How much money do I need to start investing?

You don’t need to be rich to start investing — especially on platforms like Cowrywise, which are designed to make wealth building accessible to everyone. You can start investing with as little as ₦1,000.

Here’s how it works:

1. Minimum Investment:
   Cowrywise allows you to invest from ₦1,000 in mutual funds, depending on the type of fund you choose. Some specialized funds may have higher entry amounts, but the goal is inclusivity — anyone can start.

2. Types of Investments Available:

   • Money Market Funds: Low-risk options with steady returns (ideal for beginners).

   • Equity Funds: Higher risk but higher long-term returns.

   • Balanced Funds: Mix of stocks and bonds for moderate investors.

   • Halal Funds: Sharia-compliant options for ethical investors.

3. No Hidden Charges:
   Cowrywise doesn’t charge you to open an account. Your money is invested directly in licensed mutual funds managed by ARM, Meristem, Lotus, and other SEC-regulated firms.

4. Automated Contributions:
   You can set automatic deposits weekly or monthly, helping you stay consistent with your investment goals.

5. Flexibility:
   You can withdraw your returns after the investment duration or reinvest for compound growth.

The key takeaway: ₦1,000 is enough to start investing on Cowrywise. What matters most is consistency — small, regular investments can grow into significant wealth over time through compounding.

Are Cowry and Cowrywise the same?

No — Cowry and Cowrywise are completely different platforms that serve unrelated purposes. Although they share similar names, they operate in separate industries within Nigeria.

Here’s the clear difference:

1. Cowry (Cowry Card):

   • Cowry is a transport payment system used in Lagos State.

   • It powers the BRT, LBSL, and LagFerry cashless ticketing services.

   • Users use the Cowry Card or Cowry App to pay for bus, ferry, and train rides.

   • It’s managed by the Lagos State Government in partnership with private operators.

2. Cowrywise:

   • Cowrywise is a fintech company that helps people save and invest money online.

   • It’s not related to transportation — instead, it’s a digital wealth management platform.

   • Users can start with as little as ₦1,000 and invest in mutual funds, Halal portfolios, and savings plans.

   • It’s regulated by the Securities and Exchange Commission (SEC) of Nigeria.

In summary:

• Cowry = Transportation Payment Card (used for BRT & Lagos transport)

• Cowrywise = Online Investment Platform (used for saving and investing money)

The similarity in names often confuses people, but they are unrelated in ownership, function, and purpose. One moves people around Lagos; the other helps you grow your finances digitally.

What is the lifespan of a Cowry?

When we talk about the lifespan of a cowry, we’re referring to the living marine snail that produces the shell — not just the decorative shell itself. Cowries are mollusks belonging to the Cypraeidae family, and their lifespan varies depending on species and habitat.

On average, a cowry lives between 3 to 10 years in the wild.

Here’s a breakdown of the factors that determine its lifespan:

1. Species Type:
   Smaller cowry species (like Cypraea moneta) usually live for about 3–5 years, while larger species like Cypraea tigris or Cypraea aurantium can live up to 10 years or more.

2. Habitat:
   Cowries live in warm tropical waters, often hiding under coral reefs and rocks. A clean, undisturbed marine environment helps them thrive longer.

3. Predators and Threats:
   Natural predators like fish, crabs, and octopuses shorten their lifespan. Human activities such as pollution and shell collection also affect their survival.

4. Reproduction and Life Cycle:
   Cowries lay eggs that hatch into larvae, which later develop into adult shells. Once mature, they can live for several years, slowly growing thicker shells as protection.

Interestingly, even after the animal dies, its shell can last hundreds or even thousands of years if preserved — that’s why ancient cowries are found in archaeological sites worldwide.

So, while the living cowry may survive up to a decade, its shell can endure far longer, serving as a timeless symbol of wealth, beauty, and history.

How much is a Cowry card in Lagos State?

The Cowry card is an essential smart payment tool used across Lagos for the BRT, ferry, and train systems under the Lagos State transportation network. If you’re planning to buy one, the price of a Cowry card in Lagos State is typically ₦200 to ₦400, depending on the vendor and location.

However, it’s important to note that the card itself comes empty — meaning you’ll still need to load additional funds onto it before using it for transport. Most people start with a ₦500 or ₦1000 top-up for convenience.

Where to Buy the Cowry Card:

1. BRT Terminals:
   You can buy the card directly at official Cowry booths located at major terminals like Oshodi, Yaba, Ajah, Ikorodu, CMS, and Ikeja.

2. Authorized Vendors:
   Some licensed street vendors and small kiosks near stations also sell Cowry cards, though it’s always better to buy from official points to avoid counterfeit cards.

3. Customer Service Centers:
   You can also visit the LAGFERRY or LBSL (Lagos Bus Services Limited) offices to purchase or replace a card.

4. Mobile App:
   While you can’t buy a physical card directly on the Cowry app, you can link your card and recharge it once you have one.

What’s Included in the Cost:

The ₦200–₦400 price covers the cost of the physical smart card itself. The card is reusable, rechargeable, and linked to your personal account for tracking your transport expenses.

Pro Tip:

Always register your Cowry card via the Cowry app or website. This helps secure your balance in case your card is lost or damaged.

So, in total, expect to spend around ₦700–₦1400 for both the card and your first recharge — a small investment for smooth, cashless movement across Lagos.

Can I use my phone to pay with my card?

Yes, you can use your phone to pay with your Cowry card, but the process depends on what exactly you mean — and which type of transaction you’re performing.

If you mean using your phone to recharge and manage your Cowry transport card, the answer is absolutely yes.

Here’s how it works:

1. Using the Cowry App

The Cowry app allows you to:

• Top up your card balance online

• Check your transaction history

• View your balance in real-time

• Link multiple cards for family or friends

Simply download the Cowry app from the Play Store or App Store, sign in, and select “Top Up Card.” Once payment is made, your balance updates instantly.

2. Paying Directly with Your Phone

As of now, Lagos BRT and ferries do not yet support direct tap-to-pay using NFC phones (like Apple Pay or Google Wallet). You still need the physical Cowry card to tap at entry gates or terminals.

However, this feature may be introduced soon, as Cowry is constantly upgrading its system for contactless payments — meaning one day you’ll be able to pay just by tapping your smartphone at the gate.

3. Other Digital Payments

If you’re referring to using your phone for Cowrywise or other online services, then yes — you can use your card details stored on your phone’s wallet app (like Flutterwave or Paystack integrations) for secure payments.

In summary:

• You can use your phone to manage and fund your Cowry card.

• You still need the physical card to tap and enter BRT or ferry gates.

• Direct NFC (tap-to-pay via phone) isn’t active yet — but could come in future updates.

So yes, your phone is a full control center for Cowry — you just can’t tap it on the BRT gate (for now).

Can I tap my phone to get on the bus?

At the moment, you cannot use your phone to tap and board BRT buses in Lagos — only Cowry cards and Cowry-enabled QR tickets are accepted for boarding.

This is because the Cowry payment system uses smart card technology, which requires a physical card embedded with an NFC chip to communicate with the BRT terminals at entry and exit points.

However, here’s what’s currently available and what’s coming soon:

Current Situation (as of 2025):

• The Lagos transport system still relies on physical Cowry cards for tapping.

• You can recharge, check balance, or link your card through your phone — but not use it as a ticket.

• Cowry app QR ticketing is being tested on select routes, where you can scan your phone’s QR code instead of tapping a card.

What’s Coming Next:

Cowry and LAMATA (Lagos Metropolitan Area Transport Authority) have hinted at expanding mobile NFC technology, which could allow smartphones to work like Cowry cards. When implemented, commuters will be able to tap their phones on the BRT terminals using apps like Cowry Pay or mobile wallets — just like Apple Pay or Google Pay abroad.

Why the Delay?

• The BRT system still needs hardware upgrades to read phone-based payments.

• Network reliability and digital inclusion are key challenges in Lagos transport tech adoption.

Until then, make sure you carry your Cowry card whenever you’re commuting. If you lose it, you can easily block and replace it through the app or at a terminal.

So, for now, you can top up with your phone but not tap your phone — yet. The technology is on its way.

Can I add my bus pass to my phone wallet?

Currently, the Lagos Cowry system does not support adding your bus pass to a digital phone wallet (like Apple Wallet or Google Wallet).

However, Cowry has made significant progress toward digital convenience — and future updates might make it possible.

Here’s what you can do today:

1. Use the Cowry App

While you can’t store your Cowry card in your phone’s wallet, you can still access and manage your account digitally.
The Cowry app allows you to:

• View your active bus pass or travel balance

• Recharge your card using bank transfer, debit card, or USSD

• Track past rides and payments

• Link multiple Cowry cards under one profile

2. Upcoming Digital Ticketing

LAMATA and Cowry are developing a digital QR ticketing system, which will allow commuters to use QR codes on their phones instead of plastic cards. Once fully deployed, you’ll be able to open your Cowry app, display your QR code, and scan it at the terminal gate — no physical card needed.

3. What’s Next

The ultimate goal is full integration with mobile wallets, allowing users to add their Cowry pass just like airline boarding passes or bank cards. This will simplify travel even more, especially for smartphone users who prefer fully contactless experiences.

For now, your Cowry card remains essential for boarding, but your Cowry app acts as a digital control hub for managing your transit wallet.

So, while you can’t yet “add your Cowry card to your phone wallet,” you can still enjoy most of its digital features directly from your phone — and more innovations are coming soon.

Can I invest 1000 naira in Cowrywise?

Yes, you absolutely can!
One of the biggest advantages of Cowrywise is its low entry barrier — you can start investing with just ₦1,000.

This feature is part of Cowrywise’s mission to make wealth creation accessible to every Nigerian, not just those with large capital.

Here’s how it works:

1. Sign Up and Verify Your Account

Download the Cowrywise app or visit www.cowrywise.com. Register using your email, verify your identity (BVN/KYC), and you’re good to go.

2. Choose an Investment Plan

Cowrywise offers several investment options:

• Money Market Fund: Low risk and steady returns.

• Equity Fund: Higher growth potential over time.

• Balanced Fund: A mix of both.

• Halal Fund: Sharia-compliant for ethical investors.

3. Start with ₦1000

Once you’ve picked a plan, you can invest ₦1000 directly through your debit card or bank transfer. The money is automatically invested in a SEC-regulated mutual fund, ensuring it’s safe and legitimate.

4. Track and Reinvest

You can monitor your returns through the app. Over time, reinvest your profits or set up automatic savings to build long-term wealth.

5. Why ₦1000 Works

Even though ₦1000 may seem small, it helps you build financial discipline. The power of compound interest means small, consistent investments can grow significantly over time.

So yes — ₦1000 is enough to start your investment journey on Cowrywise. The key is to stay consistent and patient.

Can I lose money on Cowrywise?

Yes, it is possible to lose money on Cowrywise, but the risk depends on the type of investment you choose. Cowrywise is a regulated investment platform in Nigeria, licensed by the Securities and Exchange Commission (SEC), which ensures that all investment products offered are legitimate and professionally managed. However, like all investments, returns are not guaranteed, and there is some level of risk.

1. Understanding Risk Levels

Cowrywise offers a range of investment products, each with varying risk levels:

• Money Market Funds:
  These are low-risk investments. They invest primarily in government securities and short-term instruments. While you are unlikely to lose your principal here, returns are modest.

• Equity Funds:
  Equity or stock-based funds are higher risk. They invest in shares of publicly listed companies. Market fluctuations can cause the value of your investment to go up or down. This means you could potentially lose part of your capital, especially in the short term.

• Balanced Funds:
  These funds invest in both equities and fixed-income securities. They carry moderate risk, balancing the potential for growth with stability.

• Halal (Sharia-compliant) Funds:
  These follow Islamic finance principles, investing in ethically compliant instruments. The risk is generally similar to the asset class involved (equity or fixed income).

2. Factors That Could Lead to Loss

• Market Volatility: Stock prices fluctuate based on economic, political, and global factors.

• Poor Fund Performance: Though professionally managed, some funds may underperform compared to expectations.

• Premature Withdrawal: Selling your investment during a market downturn may lock in losses.

3. Risk Mitigation Tips

• Diversify your investments across different funds.

• Start with small amounts, especially if you’re new to investing.

• Avoid withdrawing funds in a panic during temporary market drops.

• Use Cowrywise education resources to understand each investment option.

Bottom line: Cowrywise is a legitimate and regulated platform, but it doesn’t eliminate the inherent risks of investing. While money market funds are generally safe, equity or mixed funds carry market risks, meaning your investment value can fluctuate. Careful planning, research, and a long-term perspective can help minimize potential losses.

Is Cowrywise legal?

Yes, Cowrywise is legal and fully regulated by Nigerian financial authorities. It operates as a digital wealth management and investment platform, licensed to provide investment products and savings plans under the supervision of the Securities and Exchange Commission (SEC) of Nigeria.

1. Regulatory Compliance

Cowrywise complies with all SEC regulations regarding:

• Fund management

• Customer protection

• Transparent reporting of investment risks

• Licensing of all investment products offered on the platform

Being SEC-regulated means that Cowrywise follows strict guidelines, including using licensed fund managers to handle your money. This ensures that the platform operates legally and maintains investor trust.

2. Safe and Secure Platform

• Bank-grade security: Cowrywise uses secure protocols to protect personal and financial data.

• Transparency: Users can track funds in real time, see returns, and view fund allocations.

• Professional Fund Managers: Investments are handled by SEC-approved fund managers like ARM Investment Managers, Meristem, and Lotus Capital.

3. Legal Distinction from Cowry Card

It’s important to note that Cowrywise (investment platform) is completely separate from Cowry (transport card). Cowrywise focuses on savings and investment, whereas Cowry provides cashless payment for public transport. Both are legal but operate in different sectors.

4. Investor Protection

While no investment is risk-free, Cowrywise ensures legal protection by:

• Segregating client funds from company funds

• Offering regulated mutual funds rather than high-risk unregulated schemes

• Complying with Nigerian investment and tax laws

Conclusion: Yes — Cowrywise is fully legal, SEC-regulated, and secure for investing and saving in Nigeria. Users can confidently start saving or investing small amounts while understanding that, like all legitimate investments, returns are subject to market conditions.

Can I top up my Cowry card online?

Yes, you can top up your Cowry card online, which is now the most convenient way to recharge without visiting crowded terminals. Cowry cards are used across Lagos public transport, including BRT buses, LBSL buses, and LagFerry services. Online top-ups save time and reduce reliance on cash.

Steps to Top Up Online:

1. Using the Cowry App:

   • Download the Cowry app from Google Play Store or Apple App Store.

   • Sign in or register a new account.

   • Link your Cowry card by entering its 10-digit number.

   • Tap “Top Up Card”, select a payment method (bank transfer, card, USSD), enter the amount, and confirm payment.

2. Using the Cowry Website:

   • Visit www.cowrycard.com.

   • Log in, click Recharge Card, enter card details and amount, and make payment.

Benefits of Online Top-Up:

• 24/7 access

• Instant confirmation of funds

• Avoids physical queues

• Safe, cashless transactions

Online recharge ensures you always have sufficient balance for smooth travel across Lagos.

How do I put money in my Cowrywise?

To fund your Cowrywise account, you can deposit money using multiple methods. Cowrywise is a digital savings and investment platform, allowing you to start investing with as little as ₦1,000.

Steps to Add Money:

1. Open the Cowrywise app or website and log in.

2. Select “Add Money” or “Fund Wallet.”

3. Choose a payment method:

   • Bank transfer

   • Debit card

   • USSD code from your mobile bank

4. Enter the amount and confirm payment. Funds reflect in your Cowrywise wallet instantly, ready to be invested or saved.

Cowrywise also allows automatic savings, where funds are debited regularly from your linked bank account to help you achieve financial goals without manual intervention.

How do I add my card to pay?

Adding your payment card to Cowrywise, Cowry app, or similar services is straightforward.

Steps:

1. Open the app and log in.

2. Navigate to “Payment Methods” or “Wallet Settings.”

3. Select “Add New Card.”

4. Enter card details: number, expiry, CVV.

5. Verify using a One-Time Password (OTP) sent by your bank.

6. Save the card for future payments.

Once added, you can top up your Cowry card, pay for transportation, or fund your Cowrywise account instantly.

What is Oshodi known for?

Oshodi is a bustling commercial and transport hub in Lagos State. It’s known for:

• Oshodi Bus Terminal: One of the largest and busiest terminals in Lagos, serving millions of commuters daily.

• Markets: Oshodi Market is a hotspot for electronics, clothing, and household goods.

• Transport Connectivity: The area links Lagos to major destinations via buses, taxis, and tricycles.

• Cultural Diversity: Oshodi hosts people from across Nigeria, making it a vibrant melting pot.

It’s famous for being a transportation nerve center, though traffic congestion and crowded markets are common.

How much is the transport from Lagos to Benin City?

Traveling from Lagos to Benin City depends on your mode of transport.

• Bus (commercial operators): ₦5,000–₦7,000 per person for a one-way trip. Luxury buses may cost more.

• Private car hire: ₦15,000–₦25,000 depending on vehicle size.

• Train (if available via LAMATA or Nigerian Railways): Prices vary, generally ₦3,500–₦6,000.

Travel duration ranges from 7 to 10 hours depending on traffic and route. Bus companies like ABC Transport, God is Good Motors, and Peace Mass Transit operate the Lagos-Benin route.

How much is land in Oshodi?

The price of land in Oshodi, Lagos State, varies depending on location, size, and land use (residential, commercial, or industrial). Oshodi is a highly commercialized area, so prices are generally higher than suburban parts of Lagos.

Current Market Rates:

• Residential plots: ₦15 million – ₦50 million per plot (approx. 450–500 sqm).

• Commercial plots: ₦50 million – ₦150 million depending on proximity to major roads or terminals.

• Factors Influencing Price:

  • Location: Near Oshodi Bus Terminal or major markets = higher price

  • Accessibility: Close to roads and public transport hubs = premium

  • Zoning: Government-approved plans increase value

Investors should also consider legal verification, such as obtaining a Certificate of Occupancy (C of O), and confirm land ownership with the Lagos State Land Registry to avoid disputes.

Oshodi is a bustling area with potential for long-term capital appreciation, especially with ongoing infrastructure upgrades by the Lagos State Government.

How to know original cowries?

Identifying authentic cowries is crucial for collectors, traders, or spiritual users. Here’s how to distinguish real cowries from fake ones:

1. Texture and Weight:

• Real cowries have a smooth, glossy surface and feel heavier than plastic or resin imitations.

• Fake shells often feel too light and may have a slightly rubbery or plastic texture.

2. Color and Pattern:

• Natural cowries have subtle color variations and patterns unique to each shell.

• Fake shells often appear uniformly colored or unnaturally bright.

3. Shape:

• Real cowries are curved with a narrow slit underneath.

• Counterfeits may look flat, overly symmetrical, or molded.

4. Magnification Check:

• Authentic shells show natural growth lines and fine ridges.

• Fakes lack organic patterns.

5. Sound Test:

• Tap lightly: real cowries produce a crisp, ceramic-like sound; fakes sound dull.

Using these methods ensures you acquire genuine cowries for collection, decoration, or spiritual purposes.

What is the spiritual meaning of cowrie shells?

Cowrie shells hold deep spiritual and cultural significance across Africa, Asia, and the Pacific. They are often associated with wealth, fertility, protection, and divination.

Key Meanings:

1. Wealth and Prosperity:

   • Historically, cowries were used as currency. Owning them symbolizes financial abundance.

2. Protection:

   • Many African cultures use cowries in rituals to ward off evil spirits.

3. Fertility and Family:

   • Cowries are associated with fertility, childbirth, and family growth.

4. Divination:

   • In Yoruba and other African religions, cowries are used in Ifá and other divination practices to seek guidance from ancestors or deities.

5. Spiritual Communication:

   • Placed on altars or worn as amulets, cowries connect humans to spiritual forces.

Cowries are therefore not just decorative; they carry symbolic power and spiritual energy.

How can I tell how old my seashell is?

Determining a seashell’s age requires careful observation and sometimes scientific methods.

Methods to Estimate Age:

1. Growth Rings:

   • Many shells develop visible rings, similar to tree rings. Counting them gives an approximate age.

2. Size and Species Growth Rate:

   • Different species grow at known rates. Compare your shell to species-specific charts to estimate age.

3. Fossilization and Mineralization:

   • Older shells may be partially fossilized, heavier, or mineralized due to long-term sediment exposure.

4. Environmental Indicators:

   • Color fading, erosion, and surface wear can indicate age.

5. Professional Analysis:

   • Scientists use carbon dating or isotopic analysis for precise aging.

While you may not get an exact number at home, growth rings and species knowledge provide good estimates.

How much is 1 cowries?

The price of a single cowrie shell depends on type, rarity, and usage:

• Common cowries (Cypraea moneta): ₦5–₦10 each.

• Decorative or polished cowries: ₦50–₦500 depending on size and finish.

• Rare species: Can cost ₦5,000–₦100,000 per shell if collector-grade.

Cowries are valued both economically (historical currency) and culturally (spiritual and decorative uses).

What eats cowries?

Cowries have natural predators in the marine ecosystem, including:

1. Octopuses: Strong beaks can crush shells to eat the mollusk.

2. Crabs: Some crabs use their claws to break the shells.

3. Certain Fish: Pufferfish and wrasses can crack or swallow small cowries.

4. Humans: People harvest cowries for currency, decoration, or jewelry.

Despite these predators, cowries survive by hiding under rocks, corals, or sand, relying on their smooth and strong shells for protection.

What is Kaudi called in English?

Kaudi is another name for cowrie shell. In English, it is called a cowry shell.

• It’s widely recognized as a small marine mollusk shell, often used historically as money or for ornamental and spiritual purposes.

• The term “cowrie” is used internationally, while “kaudi” is commonly used in West Africa, especially Nigeria and Ghana.

Cowries/kaudi have cultural, spiritual, and decorative importance across many African and Asian societies.