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Currency Management

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Currency Gallery

Currency in Circulation:

Notes: N1000 | N500 | N200 | N100 | N50 | N20 | N10 | N5
Coins: N2 | N1 | 50 Kobo

Currency Withdrawn:

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

N1 Coin

Dimension:  27.50 mm
Weight: 12.000gm
Material: Brass Plated Steel

Date Released
28th February, 2007

Design
It has the portrait of Sir Herbert Macaulay on one side and the Coat of Arms of the Federal Republic of Nigeria on the other side.

Past Issues of this note

Withdrawn in June 2007

Withdrawn in 1991
Withdrawn in 1991

Read about Sir Herbert Macaulay
See frequently asked questions on Currency Management

Facts : 1/1/1900
NEEDS:National Economic Empowerment and Development Strategy was developed by the National Planning Commission, then headed by Prof Charles Soludo. It was endorsed by the Federal Executive Council of Nigeria as a poverty-alleviating strategy. The aim of the scheme was to meet the Millenium Developoment Goals of curbing the menace of poverty in Nigeria and bringing it to the barest minimum by the year 2015.
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