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The naira was scheduled for redenomination in August 2008, although this was cancelled by then-President Umaru Musa Yar'Adua, [46] with 100 old naira to become 1 new naira. The Nigerian Central Bank stated that it would make the naira fully convertible against foreign currencies by 2009. Currently, the amount of foreign currency is regulated ...
The ten Naira note, distinguished by its orange tint, bears the likeness of Alvan Ikoku, a figure notable for his contributions to education in Nigeria.His representation on the note commemorates his pioneering efforts in establishing one of the earliest African-owned secondary schools, thus exemplifying the nation's commitment to educational development.
The Nigerian two hundred-naira bill (₦200) is a denomination of Nigerian currency.The first Nigerian note with this value was issued in November 2000. [1]Sardauna of Sokoto Ahmadu Bello has been featured on the obverse of the bill since 2000.
Coins were issued in 1959 in denominations of 1 ⁄ 2, 1, 3 and 6 pence, 1 and 2 shillings. The 1 ⁄ 2 d and 1d coins were holed and struck in bronze. The 3d coin, minted in nickel-brass, was a smaller version of the distinctive twelve-sided threepenny bits that were used in the UK, Fiji and Jersey. The higher denominations were struck in ...
The Nigerian one hundred-naira bill (₦100) is a denomination of Nigerian currency. The first Nigerian note with this value was issued in December 1999 and the Centenary version was launched in 2014. [ 1 ]
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Nigerian one thousand-naira note ( ₦ 1000 or NGN 1000) is a denomination of the Nigerian currency. The one thousand-naira note was introduced in October 2005. [1] It is the highest Naira denomination. On 12 October 2005, Olusegun Obasanjo launched the ₦ 1000 note. [2]
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