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Currency Management

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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Currency Withdrawn: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Date Withdrawn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 : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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Central Bank of Nigeria:: Did You Find