In October 1991, a new currency Fifty Naira (N50) note, was
introduced and the One Naira (N1) and Fifty kobo (50k) were
coined. A completely new coin range was issued as part of a major reform of the
nation's currency structure. The coins were in the following denominations. One
Naira (N1), Fifty kobo (50k) Twenty five kobo (25k), Ten kobo
(10k) and One kobo (1k).
Fifty Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned:
May, 2007
Twenty Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned:
May, 2007
Ten Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned:
May, 2007
Five Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned:
May, 2007
One Naira Material: Nickel Withdrawn and Redesigned:
May, 2007
Fifty Kobo Material: Nickel Withdrawn and Redesigned:
May, 2007
Twenty Kobo Material Copper Withdrawn: May, 2007
Ten Kobo Material: Nickel Withdrawn: 2007
Five Kobo Material: Nickel Withdrawn: 1991
One Kobo Material: Copper Withdrawn: 2007
Half Kobo Material: Copper Withdrawn: 1991
Facts : 7/24/1958
First Governor of CBN:Mr. Roy Pentelow Fenton was appointed the first and the only expatriate Governor of Central Bank of Nigeria. He served from July 24, 1958 to July 24, 1963.