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Currency Management
Currency | 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Withdrawn: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
2007 Currency Issue
In February 2007, the redesigned currency notes; Fifty Naira (N50),
Twenty Naira (N20), Ten Naira (N10) and Five Naira (N5)
were
introduced. The One Naira (N1)
and Fifty kobo (50k) coines were also redesigned, while a new
N2 coin was introduced. A completely new coin range was issued as part
of a major reform of the nations currency structure.
2007 issues with the inclusion of N100, N200, N500
& N1000
Naira notes form today's legal tender
issue.
| Name |
||
| Fifty Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned: May, 2007 |
 |
|
| Twenty Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned: May, 2007 |
 |
|
| Ten Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned: May, 2007 |
 |
|
| Five Naira 151mm x 78 mm Material: Paper Withdrawn and Redesigned: May, 2007 |
 |
|
| One Naira Material: Silver Withdrawn and Redesigned: May, 2007 |
 |
|
| Fifty Kobo Material: Silver Withdrawn and Redesigned: May, 2007 |
 |
|
| Twenty Kobo Material:Bronze Withdrawn: May, 2007
|
 |
|
| Ten Kobo Material: Bronze Withdrawn: May, 2007 |
 |
|
| Five Kobo Material: Silver Withdrawn:1991 |
 |
|
| One Kobo Material: Bronze Withdrawn: May, 2007 |
 |
|
| Half Kobo Material: Bronze Withdrawn:1991 |
 |
|
| Facts : 7/1/1959 |
|---|
| BOARD OF DIRECTORS:The Management of the CBN is placed under a Board of Directors which is responsible for the Policy and General administration of the Affairs and Business of the Bank.Under the original statute,the Board was composed of the Governor as Chairman,a Deputy Governor and Five other Directors all of whom were appointed by the Federal Government. |
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