رح محمد الطعان دو نت: Old naira notes

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الجمعة، 3 مارس 2023

Old naira notes

Old Naira Notes.

Old naira notes

The Nigerian naira has gone through several changes in its design and denomination over the years. Some of the old naira notes that were in circulation in the past include:

50 kobo note: This was the smallest denomination of naira notes and was first issued in 1973. It was later demonetized in 2007 due to inflation.


1 naira note: This was the first paper currency to be introduced in Nigeria in 1973. It was initially printed in brown color and later changed to green. The note featured the portrait of Alhaji Aliyu Mai-Bornu, who was the Central Bank of Nigeria's Governor at that time.


5 naira note: This note was introduced in 1973 and featured the portrait of Alvan Ikoku, a renowned educator and statesman.


10 naira note: The 10 naira note was introduced in 1973 and featured the portrait of Alhaji Aliyu Mai-Bornu.


20 naira note: This note was first issued in 1977 and featured the portrait of Murtala Ramat Mohammed, who was Nigeria's military Head of State at that time.


50 naira note: The 50 naira note was first issued in 1991 and featured the portrait of Tafawa Balewa, Nigeria's first Prime Minister.


100 naira note: This note was introduced in 1999 and featured the portrait of Obafemi Awolowo, one of Nigeria's founding fathers.


Note that some of these old naira notes have been demonetized and are no longer legal tender. The Central Bank of Nigeria periodically introduces new designs and denominations of naira notes to combat counterfeiting and improve the security features of the currency.

Sure, here are some more old naira notes:

200 naira note: The 200 naira note was introduced in 2000 and featured the portrait of Sir Ahmadu Bello, a prominent Nigerian statesman and traditional ruler.


500 naira note: This note was introduced in 2001 and featured the portrait of Nnamdi Azikiwe, Nigeria's first President.


1000 naira note: The 1000 naira note was introduced in 2005 and featured the portrait of Alhaji Aliyu Mai-Bornu, who was the Central Bank of Nigeria's Governor from 1975-1982.


5000 naira note: This was the highest denomination of naira notes introduced in 2014 during the tenure of former President Goodluck Jonathan. It featured the portrait of the late Alhaji Aliyu Mai-Bornu, Nigeria's first indigenous Governor of the Central Bank.


Note that the 1000 naira note is currently the highest denomination of naira notes in circulation, as the 5000 naira note was later demonetized in 2016 by the Central Bank of Nigeria. The demonetization was due to concerns about the negative impact of the high denomination note on the economy, including money laundering and illicit financial flows.

Sure, here are a few more old naira notes:

2 naira note: This was a small denomination note introduced in 1977, featuring the portrait of Ladi Kwali, a famous Nigerian potter.


50,000 naira note: Although not commonly used, the 50,000 naira note was introduced in 1991. It featured the portrait of Nigeria's first president, Nnamdi Azikiwe, on the front and the Central Bank of Nigeria's logo on the back.


Note that the 50,000 naira note was never widely circulated and is now considered a rare collectible item.

The Central Bank of Nigeria regularly reviews its currency and may introduce new notes or demonetize old ones as needed. It's important to note that some of these old naira notes may no longer be legal tender, so it's important to check with the Central Bank or a financial institution to determine which notes are still in circulation.

Here are a few more old naira notes:

5,000 naira note: This note was introduced in 2000, and it featured the portrait of Chief Obafemi Awolowo, one of Nigeria's founding fathers and a prominent politician.


20,000 naira note: This note was introduced in 2013 and featured the portrait of late Dr. Clement Isong, a renowned economist and former Governor of the Central Bank of Nigeria.


Note that the 5,000 and 20,000 naira notes were also demonetized along with the 50,000 naira note in 2016.

It's important to note that the Central Bank of Nigeria may introduce new currency denominations or designs in the future, so it's always a good idea to keep up with updates from the bank and ensure that any currency you have is still legal tender. Additionally, it's important to be cautious of counterfeit currency and to check for security features when handling naira notes.

Here are a few more old naira notes:

1,000,000 naira note: Although this note was never officially issued by the Central Bank of Nigeria, there have been rumors and reports of counterfeit notes in this denomination being circulated.


It's important to note that the Central Bank of Nigeria has only issued notes up to the 1,000 naira denomination, so any notes claiming to be worth more than this amount are likely to be counterfeit.

50 naira coin: In addition to paper currency, Nigeria has also issued coins in various denominations over the years. The 50 naira coin was introduced in 1991 and featured the Coat of Arms on one side and the Central Bank logo on the other.


1 kobo coin: This was the smallest denomination coin in Nigeria, first issued in 1973. It featured a stalk of millet on one side and the Coat of Arms on the other. The coin was later demonetized in 2007 due to inflation.


Note that some of these old naira notes and coins may no longer be legal tender, so it's important to check with the Central Bank or a financial institution to determine which notes and coins are still in circulation. Additionally, it's important to be cautious of counterfeit currency and to check for security features when handling naira notes and coins.

 

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