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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.
On 1 January 1973, the Central Bank of Nigeria introduced notes for 50 kobo, ₦1, ₦5, ₦10 and ₦20: in April 1984, the colors of all naira banknotes were changed in an attempt to control money laundering. [12] In 1991, ₦50 notes were issued, while the 50 kobo and ₦1 notes were replaced by coins in 1991.
A ₹200 note, also a first for the Indian Rupee, is currently in circulation. 2023 Currency recall. In May 2023, the Reserve Bank of India started withdrawing the ₹2,000 notes from circulation. [19] [20] The ₹2,000 bank note which was introduced in 2016 however, will remain in legal tender until September 2023 according to RBI.
It is located in both Abuja and Lagos and is majority-owned by the government of Nigeria. [1] In addition to printing the banknotes and the postal orders of Nigeria, it has struck some of the coins of Nigeria. It also prints stamps. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federation. It controls ...
The Indian 1-rupee note (₹1) is made up of hundred 100 paise as ₹1 = 100 paise. Currently, it is the smallest Indian banknote in circulation and the only one being issued by the Government of India , as all other banknotes in circulation are issued by the Reserve Bank of India .
The history of Nigeria can be traced to the earliest inhabitants whose date remains at least 13,000 BC through the early civilizations such as the Nok culture which began around 1500 BC. Numerous ancient African civilizations settled in the region that is known today as Nigeria, such as the Kingdom of Nri, [1] the Benin Kingdom, [2] and the Oyo ...
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] On 12 October 2005, Olusegun Obasanjo launched the ₦ 1000 note. [2]
The 25-, and 50-rupee notes are printed by Oberthur Technologies on Innovia Security's Guardian substrate and the 500-rupee note is printed by De La Rue on its Safeguard (formerly Flexycoin) substrate. [65] Lebanon: 22 November 2013 The Banque du Liban issued a £L50,000 banknote in polymer to commemorate the country's 70th anniversary of ...