Naira: NGN FACTS
Introduced in 1973 replacing the British pounds
Coins were introduced in denominations of ½, 1, 5, 10 and 25 kobo in 1973,
In 1973, CBN introduced notes for 50 kobo, 1, 5, 10 and 20 naira respectively
In 1991, N50 notes were introduced,
N100 in 1999,
N200 in 2000,
N500 in 2001
N1000 on October 12, 2005.
NAIRA DESCRIPTION
N5…….. Alhaji Abubakar Tafawa Balewa
N10………..Mr. Alvan Ikoku
N20…….General Murtala Mohammed
N50………Hausa, Igbo and Yoruba men and a woman
N100……Chief Obafemi Awolowo
N200……Sir Ahmadu Bello
N500…..Dr.Nnamdi AZIKIWE
N1000…Aliyu mai-Bornu; Dr. Clement Isong
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