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Currency Management

Currency | History of Nigerian Currency | Legal Tender |
Currency Gallery | Security Features

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Withdrawn: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

1984 Currency Issue

In April 1984, all the note denomination with the exception of the 50 kobo note were reissued by merely interchanging their colours. The exercise was undertaken purely as a tactical measure by the military administration which took over power in December, 1983. It was intended to arrest the alarming rate of currency trafficking going on at the time. the coins were still those of 1973 issues.

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Withdrawn: 1984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Withdrawn: 1979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Withdrawn: 1979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Withdrawn: 1991
Reissued as a coin - still in circulation
Fifty Kobo
Dimension:
127 x 78 mm
Material: Paper
Withdrawn: 1991
Reissued as a coin - still in circulation
Twenty Five Kobo
Material: Silver
Withdrawn: 1979
Reissued in Bronze in 1991
Ten Kobo
Material: Silver
Withdrawn: 1991
Reissued in Bronze
Five Kobo
Material: Silver
Withdrawn: 1979
Reissued in bronze in 1991
One Kobo
Material: Bronze
Withdrawn:
Half Kobo
Material: Copper
Withdrawn

See frequently asked questions on Currency Management

Facts : 1/1/1900
Paris Club of Creditors:The club represents only government guaranteed creditors. Members include the United States of America, United Kingdom, Germany, France and Canada, who guarantee the export activities of their nationals. When the recipient nation s government is unable to pay the equivalent of the imports domestic currency cover, it becomes government debt owed to creditor nations. The first Paris Club meeting was held in 1956.
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