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In 1973, coins were introduced in denominations of 1 ⁄ 2, 1, 5, 10 and 25 kobo, with the 1 ⁄ 2 and 1 kobo in bronze and the higher denominations in cupro-nickel. The 1 ⁄ 2 kobo coins were minted only that year. In 1991, smaller 1, 10 and 25 kobo coins were issued in copper-plated-steel, along with nickel-plated-steel 50 kobo and ₦1.
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.
Until 1958, Nigeria used the British West African pound, after which it issued its own currency. The pound was subdivided into 20 shillings , each of 12 pence . The Nigerian pound, at parity with sterling with free convertibility, [ 1 ] was replaced in 1973 with the decimal naira at a rate of £1 = ₦2, [ 2 ] making Nigeria the last country to ...
When the note was introduced in October of 1991, it was the banknote with the highest denomination in Nigeria at the time. [1] [2] References
Kobo360 raised $20 million in a Series A round headed by Goldman Sachs in 2019 [13] and $10 million in working capital funding from Nigerian commercial banks. [14] [13]Kobo360 raised an additional $56 million in its series B round led by Afrexim Bank's equity arm - The Fund For Export Development in Africa (FEDA), with participation from existing investors.
Kobo Libra Colour $219.99 at Kobo Books The Kobo Libra Colour ($219.99) is an e-reader with a colorful display. The device has both black-and-white ink that mimics text on paper and a vivid color ...
Gaskiya Ta Fi Kwabo ("The truth is worth more than a kobo"; kobo is a subunit of the Nigerian naira currency) is a Nigerian newspaper, printed three times a week. It is the world's first Hausa-language paper, and was one of northern Nigeria's first periodicals. Gaskiya Ta Fi Kwabo's first editor was Abubakar Imam.
Zaia Ventures, the venture studio led by former Prime Video chief marketing officer Ukonwa Ojo, has taken a stake in Taeps Animation Studios, a growing Nigerian outfit dedicated to bringing ...