Brief History on Temporary Exhibitions

Counterfeit Money: Who Pays?

This exhibition was commissioned on 26th November, 2014. It enables visitors appreciate the security features on the banknotes and guides the public against being victims of counterfeiting. We all have a role to play in keeping counterfeit rates low by being vigilant. In a primitive all-cash economy, counterfeiting would indeed increase the cash in circulation and dilute its value. The holders of cash would then take the hit. It is fair to conclude that the public takes the hit on counterfeit notes in circulation. This exhibition was however dismantled in November 2017 and replaced with “The Naira: Our National Pride”.

Non-Interest Banking in Nigeria

Non-interest banking is an alternative method of financing which is anchored on the principles of profit and loss sharing. It is strictly driven by partnership and financing of real transactions which means there must be an underlining asset in all transactions. Non-interest banking may operate either with or without sharia principles. This exhibition aids in understanding the concept, principles and development of Non-Interest Banking in Nigeria. The exhibition was also commissioned on the 26th November, 2014 and is still running.

The Naira: Our National Pride

The Naira note is a symbol of our national pride, identity, sovereignty, and unity, a promissory note issued by the Central Bank of Nigeria (CBN) for conducting financial transactions. This exhibition provides an insight into the significance of the “Naira”. It takes visitors through the life cycle of the naira; the intricate designs; security features; various technologies used for its production, storage and distribution; processing and disposal of unfit banknotes. The intent of this exhibition is to reveal the worth of the Naira, why and how it should be handled properly. This exhibition was commissioned on 15th May, 2018.