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Currency in Circulation:

Notes: N1000 | N500 | N200N100 C | N100 | N50 | N20 | N10 | N5
Coins: N2 | N 1 | 50 Kobo

Currency Withdrawn:

 Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007| 2022

1968 Currency Issue

In 1968, Nigeria fought a civil war. In order to stem the misuse of the country’s currency notes during the period, Nigeria decided to change the currency notes issued in 1965 as a war strategy. The currency notes were in denominations of Five (�5) Pounds, One (�1) Pound, Ten (10/-) Shillings and Five (5/-) Shillings. The coins issued in 1959 were retained, Two (2/-) Shillings, Three (3p) Pence, One (1p) Penny and One half (�p) Penny.

Name
Five Pounds
Dimension:
45/16 x 35/16 Inches
Material: Paper
Withdrawn: 1973
One Pounds
Dimension:
45/16 x 35/16 Inches
Material: Paper
Withdrawn: 1973
Ten Shilling
Dimension:
57/16 x 31/16 Inches
Material: Paper
Withdrawn: 1973
Five Shilling
Dimension:
5 x 27/8 Inches
Material: Paper
Withdrawn: 1973
Two Shilling
Dimension:
Material: Silver
Withdrawn: 1973
One Shilling
Dimension:
Material: Silver
Withdrawn: 1973
Six Pence
Dimension:
Material: Silver
Withdrawn: 1973
Three Pence
Dimension:
Material: Gold
Withdrawn: 1973
1 Pence
Dimension:
Material: Bronze
Withdrawn: 1973
One and Half Pence
Dimension:
Material: Bronze
Withdrawn: 1973

See frequently asked questions on Currency Management

Facts : 1/1/1900
Operation Feed the Nation (O.F.N.):Operation Feed the Nation was introduced by the federal military government headed by General Olusegun Obasanjo in 1979.It had the specific focus of increasing food production on the premise that availability of cheap food would ensure a higher nutrition level and invariably lead to national growth and development.OFN lasted till the civilian government of Alhaji Shehu Shagari in 1979.
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