Question: When Was Polymer Notes Introduced In Nigeria?

When did Nigeria introduce 50 Naira note?

The fifty – naira note was introduced in October 1991. It was the highest denomination when it was introduced in the country.

When did 1000 naira note came out?

500 Naira was released in April, 2001 while the 1000 Naira note was released in October 2005. On February 28th 2007, as part of the economic reforms, N50, N20, N10 and N5 banknotes and N1 and 50K coins, were reissued in new designs. While a new denomination N2 coin was introduced.

Who introduced 50 Naira note in Nigeria?

The Central Bank of Nigeria started issuing these 50 Nigerian Naira banknotes in 1991. They were withdrawn from circulation in 2009.

What is the Colour of 500 naira note?

Additional information

Location Nigeria
Colour multicolour, purple
Person Nnamdi Azikiwe, Zik
Profession father of Nigerian Nationalism, first President of Nigeria
Text 500, Central Bank of Nigeria, Dr Nnamdi Azikiwe 1904-1996, Five Hundred Naira, ₦ 500
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Who is in 100 naira note?

Chief Obafemi Jeremiah Oyeniyi Awolowo is pictured on the banknote of 100 Nigerian Naira, wearing a kufi hat. Awolowo was Premier of Western Nigeria. On the back side of the ₦ 100 bill is an image of the Zuma Rock monolith in Niger province.

Which year was naira equal to dollar?

From the day that Abacha took power to the day he died on June 8 1998, a period of some five years, the ‘official’ exchange rate of the naira to the dollar never changed from 22 naira to $1.

Do we have 5000 naira note in Nigeria?

CBN has neither printed nor introduced 2,000 or 5,000 naira notes.

Who is in 500 naira note?

Most of the banknotes contain images of previous political leaders important in Nigeria’s history; for example, Sir Abubakar Tafawa Balewa, Nigeria’s first prime minister, is pictured on the 5- naira note, and Nnamdi Azikiwe, Nigeria’s first president, is on the 500 – naira note.

What is the Colour of 200 naira note?

Additional information

Location Nigeria
Colour brown, multicolour
Person Ahmadu Ibrahim Bello, Sardauna of Sokoto
Profession Premier of Northern Nigeria
Text 200, Alhaji Sir Ahmadu Bello 1909-1966, Central Bank of Nigeria, Two Hundred Naira, ₦ 200

What is the Colour of 5 naira?

Additional information

Location Nigeria
Colour multicolour, orange
Person Sir Abubakar Tafawa Balewa, KBE PC
Profession Prime Minister of Nigeria
Text 5, Alhaji Sir Abubakar Tafawa Balewa 1912-1966, Central Bank of Nigeria, Five Naira, Naira Biyar, Naira Ise, Naira Marun-un
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Which country Print Nigeria money?

Naira notes and coins are printed / minted by the Nigeria Security Printing and Minting (NSPM) Plc and sometimes, other overseas companies, and issued by the CBN.

Who is on 20 Naira note?

Do you have a 20 Nigerian Naira banknote (General Murtala Muhammed)? Additional information.

Location Nigeria
Colour green
Person General Murtala Muhammed, Ladi Kwali
Profession Army General, potter
Text 20, Central Bank of Nigeria, Naira Ashirin, Naira Iri Abuo, Ogun Naira, Twenty Naira

What is the Colour of 1000 naira?

It is a shimmery gold colour showing 1000 naira. The triangular shape in the middle of the front of the note changes its colour from green to blue when tilted. Banknotes.

CollapseCurrently Circulating Banknotes [1] Archived 2009-02-04 at the Wayback Machine 1999–2005 Series Reverse
Value
Dimensions
Main Colour
Obverse

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What is the color of one thousand naira?

On the 1000 naira notes, there is a subtle shiny strip running down the back of the note. It is a shimmery gold colour showing 1000 naira. The triangular shape in the middle of the front of the note changes its colour from green to blue when tilted.

Who is on ten naira note?

Alvan Ikoku is the man on the 10 naira note. He was born, Alvan Azinna Ikoku, on August 1, 1900, to a rich merchant family in the little town of Amanagwu, Arochukwu, present-day Abia State.

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