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Currency Management

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Currency Gallery

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins N2 | N1 | 50 Kobo |
Withdrawn:
  Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007

1977 Currency Issue

On 11th February, 1977, Nigeria issued a currency note denomination of the value of Twenty (N20) Naira. The banknote was the first currency note to bear the portrait of a Nigerian citizen, the late Head of State, General Murtala Ramat Muhammed (1938-1976) who was assassinated but declared a national hero for his leadership qualities. The note was issued on the 1st anniversary of his assassination as a befitting tribute to an illustrious son of Nigeria.

Name
Twenty Naira
Dimension:
151 x 78 mm
Material: Paper
Withdrawn: 1984
Ten Naira
Dimension:
151 x 78 mm
Material: Paper
Withdrawn: 1979
Five Naira
Dimension:
151 x 78 mm
Material: Paper
Withdrawn: 1979
One Naira
Dimension:
137 x 78 mm
Material: Paper
Withdrawn: 1979
Fifty Kobo
Dimension:
127 x 78 mm
Material: Paper
Withdrawn: 1979
Twenty Five Kobo
Dimension:

Material: Silver
Withdrawn: 1979
Reissued in Bronze in 1991
Ten Kobo
Dimension:

Material: Silver
Withdrawn: 1979
Reissued in Bronze in 1991
Five Kobo
Dimension:

Material: Silver
Withdrawn: 1979
Reissued in bronze in 1991
One Kobo
Dimension:

Material: Bronze
Withdrawn:
Half Kobo
Dimension:

Material: Copper
Withdrawn:

See frequently asked questions on Currency Management
Facts : 1/1/1900
Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks.
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