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Currency Management

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

Currency Gallery

Currency in Circulation:

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins: N2 | N1 | 50 Kobo

Currency Withdrawn:

 Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007

25 Kobo Coin

Dimension: 22.50mm
Weight: 4.50gm                           
Material: Copper

Date Released
October, 1991

Date Withdrawn
28th February 2007

Design
It has the features of Groundnut seeds and pyramid symbols on one side and the Cote of Arms of the Federal Republic of Nigeria on the other side. It is still in circulation.

See frequently asked questions on Currency Management

Facts : 1/1/1995
Magnetic Ink Character Recognition:The Magnetic Ink Character Recognition (MICR) which is an automated system for sorting cheques and other financial instrumenTS. This facility came into effect in the early part of 1995.
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Central Bank of Nigeria:: Did You Find