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Currency Management

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

Currency Gallery

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins N2 | N1 | 50 Kobo |
Withdrawn:
  Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007

1965 Currency Issue

In 1965, the Legal tender was changed to reflect the country's republican status. They were in the denominations of Five (£5) pounds, One (£1) pound, Ten (10/-) Shillings and Five (5/-) shillings with colours different from those of 1959. The coins in use were still the ones issued in 1959, Two (2/-) shillings, three (3p) Pence, One (1p) Penny and One half (1½p) Penny.

Name
Five Pounds
Dimension:
63/16 x 315/16 Inches
Material: Paper
Withdrawn: 1968
One Pound
Dimension:
55/16 x 35/16 Inches
Material: Paper
Withdrawn: 1968
Ten Shilling
Dimension:
57/16 x 31/16 Inches
Material: Paper
Withdrawn: 1968
Five Shilling
Dimension:
5 x 27/8 Inches
Material: Paper
Withdrawn: 1968
Two Shilling
Dimension:
Material: Silver
Withdrawn: 1973
One Shilling
Dimension:
Material: Silver
Withdrawn: 1973
Six Pence
Dimension:
Material: Silver
Withdrawn: 1973
Three Pence
Dimension:
Material: Gold
Withdrawn: 1973
1 Pence
Dimension:
Material: Bronze
Withdrawn: 1973
One and Half Pence
Dimension:
Material: Bronze
Withdrawn: 1973

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Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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