Currency Management Currency Management
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Withdrawn: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
1984 Currency Issue
In April 1984, all the note denomination with the exception of the 50 kobo note were reissued by merely interchanging their colours. The exercise was undertaken purely as a tactical measure by the military administration which took over power in December, 1983. It was intended to arrest the alarming rate of currency trafficking going on at the time. the coins were still those of 1973 issues.
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| Twenty Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1984 |
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| Ten Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1979 |
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| Five Naira Dimension: 151 x 78 mm Material: Paper Withdrawn: 1979 |
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| One Naira Dimension: 137 x 78 mm Material: Paper Withdrawn: 1991 Reissued as a coin - still in circulation |
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| Fifty Kobo Dimension: 127 x 78 mm Material: Paper Withdrawn: 1991 Reissued as a coin - still in circulation |
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| Twenty Five Kobo Material: Silver Withdrawn: 1979 Reissued in Bronze in 1991 |
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| Ten Kobo Material: Silver Withdrawn: 1991 Reissued in Bronze |
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| Five Kobo Material: Silver Withdrawn: 1979 Reissued in bronze in 1991 |
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| One Kobo Material: Bronze Withdrawn: |
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| Half Kobo Material: Copper Withdrawn |
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See frequently asked questions on Currency Management
| Facts : 1/1/1900 |
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| BOFIA:In 1991, the Bank s and Other Financial Institutions Act (BOFIA) formerly BOFI was promulgated to replace the CBN Act of 1958 and the Banking Decree of 1969 (including later amendments). The policy brought the non-bank financial intermediaries under the supervision of Central Bank of Nigeria. |
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