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Currency Gallery
Notes:Coins
Withdrawn:
Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007
5 Kobo Coin
Dimensions
150mm x 78mm
Date Released
1973
Date Released
28th February 2007
Design
The N50 note was introduced in 1991. Ornamental patterns, geometric motifs adapted
from Nigerian traditional art forms are intricately combined and colors have been
chosen to ensure beauty, distinctiveness and clear identification.
The main feature in the front is the hand engraved portraits of four Nigerians, three men and a woman, superimposed on the Nigerian map.
The main feature in 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. Cowries shells were once a medium of exchange in the country.
| Facts : 1/1/1900 |
|---|
| 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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