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Issue System | History of Nigerian Currency | Legal Tender |Currency Gallery | Security Features
Currency Gallery
Notes:Coins
Withdrawn:
Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007
N500 Naira Note
Dimensions
151mm x 78mm
Date Released
4th
April, 2001
Design:
The N500 note represents one of the new generation of currency
notes in the Nigerian currency system. Machine engraved patterns of various
characters appear on the design. These patterns provide the tactile quality so
essential to the security of the banknote. Bold colours have been used on the
back-ground tint to link securely with the engraving and help give a distinctive
identification to the design.
On the front of the note is a portrait of Dr. Nnamdi Azikiwe - first President of the Federal Republic of Nigeria. At the back of the note is the picture of an off-shore oil-rig.
Read about Dr. Nnamdi Azikiwe.
See the security
features of the N500 note
See
frequently asked questions on Currency Management
| Facts : 2/1/1933 |
|---|
| Indigenous Banking in Nigeria:The story of indegenous banking in Nigeria began with the establishment of the National Bank of Nigeria Limited in February 1933. This was followed by the Agbonmagbe Bank Limited in 1945, now Wema Bank. Afterwards, the African Development Bank Limited, now known as African Continental Bank Plc., was constited in 1948. |
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