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Currency in Circulation:

Notes: N1000 | N500 | N200| N100 C | N100 | N50 | N20 | N10 | N5
Coins: N2 | N 1 | 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Currency Withdrawn: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Withdrawn in June 2007

Withdrawn in 1991
Withdrawn in 1991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 : 1/7/1959
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.
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Central Bank of Nigeria:: Did You Find