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Home Currency Gallery Currency Management Currency ManagementCurrency | History of Nigerian Currency | Legal Tender |Currency Gallery | Security Features Currency GalleryNotes:Coins Withdrawn: Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007
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| With drawn in 2007 | ![]() |
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The main feature on the front are the hand engraved portraits of four Nigerians, three men and a woman, superimposed on the Nigerian map. The main feature on the back is a hand engraved vignette that depicts farming in its two aspects of cultivating and harvesting. The right top corner value is on two cowries shells. Cowrie shells were once a medium of exchange in the country. |
| Facts : 1/1/1900 |
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| Development Stocks:The first development stock was issued in 1946. Central Bank of Nigeria took the responsiblity of issuing stock at its inception. The Lagos Stock Exchange (now Nigerian Stock Exchange) was set up in 1961 to take over transactions in the stocks. |
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