Issue System Currency Management
Issue System | History
of Nigerian Currency | Legal Tender
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Currency Gallery
| Security
Features
Legal Tender
The Central Bank of Nigeria (CBN) is the sole issuer of legal tender currency in Nigeria. It regulates the volume of money supply in the economy in order to ensure monetary and price stability. The Currency & Branch Operations Department is responsible for currency management, through the procurement, distribution/supply, processing, reissue, disposal/disintegration of banknotes and coins.
Withdrawn Issues:
Earlier | 1959 |
1965 |
1968 |
1973 |
1977 |
1979 |
1984 |
1991 |
2007
The Currency structure comprises three coin denominations (50 kobo, 2 Naira
and 1 Naira) and eight note denominations; 5 Naira, 10 Naira, 20 Naira, 50
Naira, 100 Naira, 200 Naira, 500 Naira and 1000 Naira)
Specimen of Current Notes & Coins
| Currency | Front |
Back |
| 50 Kobo |  |
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| One Naira |
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| Two Naira |  |
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| Five Naira |  |
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| Ten Naira |  |
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| Twenty Naira |  |
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| Fifty Naira |  |
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| One Hundred Naira |  |
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| Two Hundred Naira |  |
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| Five Hundred Naira |  |
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| One Thousand Naira |  |
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See frequently asked questions on Currency Management
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| Related Links |
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| History of Nigerian Currency |
| Issue System |
