Currency Management Currency Management
Issue System | History of Nigerian Currency | Legal Tender |Currency Gallery | Security Features
Currency Gallery
Notes:Coins
Withdrawn: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.
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| Twenty Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1984 |
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| Ten Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1979 |
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| Five Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1979 |
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| One Naira Dimension: 137 x 78 mm Material: Paper Withdrawn: 1979 |
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| Fifty Kobo Dimension: 127 x 78 mm Material: Paper Withdrawn: 1979 |
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| Twenty Five Kobo Dimension: Material: Silver Withdrawn: 1979 Reissued in Bronze in 1991 |
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| Ten Kobo Dimension: Material: Silver Withdrawn: 1979 Reissued in Bronze in 1991 |
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| Five Kobo Dimension: Material: Silver Withdrawn: 1979 Reissued in bronze in 1991 |
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| One Kobo Dimension: Material: Bronze Withdrawn: |
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| Half Kobo Dimension: Material: Copper Withdrawn: |
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See frequently asked questions on Currency Management
| Facts : 1/1/1900 |
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| London Club of Creditors:These are mainly uninsured and unguaranteed debts extended by commercial banks to nationals of debtor nations. Members of the club are commercial banks mainly in industrialized countries. The first London club meeting was held in 1976 to discuss re-payment and conclude re-structuring agreements. |
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