On the obverse side of the ₦1000 bill are the portraits of Mallam Alijy Mai-Bornu and Dr Clement Nyong Isong. Both men are governors: the former of the Central Bank of Nigeria and the latter of Cross River State, South Nigeria.
Who is the person 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.
Who is the person on 20 Naira note?
The #20 note has the portrait of Murtala Mohammed. Murtala Mohammed was Nigeria’s Head of State between 1975 and 1976 when he was killed in a coup.
When did Nigeria introduced 1000 naira note?
500 Naira was released in April, 2001 while the 1000 Naira note was released in October 2005.
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 They were withdrawn from circulation in 2009.
Do we have 5000 naira note in Nigeria?
The federal government Tuesday formally endorsed the introduction of the 5,000 naira note introduction despite the criticism that has greeted its introduction.
How do I convert EFX to naira?
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EFX to NGN Conversion Table.
| Effect.AI (EFX) | Naira (NGN) | |
|---|---|---|
| 1 EFX | = | 17 NGN |
| 2 EFX | = | 33.99 NGN |
| 3 EFX | = | 50.99 NGN |
| 5 EFX | = | 84.98 NGN |
What is money called in Nigeria?
Nigerian naira
What is the name of the woman at the back of 20 naira?
Ladi Kwali is featured on back of the 20 naira note. Her pots became art objects and were also featured in international exhibitions of Abuja pottery organised by Cardew in 1958, 1959 and 1962. Her pottery was also displayed during Nigeria’s independence celebrations in 1960.
What is the name of the woman on 20 Naira note?
Dr. Hadiza Ladi Kwali was born in 1925, in the village of Kwali in the Gwari region of Northern Nigeria.
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.
Does Nigeria print their own money?
The Nigerian Security Printing and Minting Company Limited Plc is the Nigerian banknote printer and mint. It is located in both Abuja and Lagos and is majority-owned by the government of Nigeria. In addition to printing the banknotes and the postal orders of Nigeria, it has struck some of the coins of Nigeria.
Who introduced one thousand naira?
President Olusegun Obasanjo yesterday formally launched the new N1000 note, which is the last lap in the series of the approved higher denomination notes and challenged the Central Bank of Nigeria and the Nigeria Security Minting and Printing Company to brace up to added responsibility that would arise as Africa moves …
Who introduced 100 naira in Nigeria?
On January 1, 1973, the Central Bank of Nigeria introduced notes for 50 kobo, 1, 5, 10 and 20 naira. The 50 kobo notes were last issued in 1989. In 1991, 50 naira notes were issued, followed by 100 naira in 1999, 200 naira in 2000, 500 naira in 2001 and 1000 naira on October 12, 2005.
What is the meaning of Naira?
Naira is a Muslim Girl Name. Naira name meaning is Shinning, Glittering. … The name is originated from Urdu. The lucky number of Naira name is 7.
What is the highest currency in Nigeria?
Currently the highest currency denomination is 1,000 Naira.