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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Currency Withdrawn: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

N20 Note

130mm x 72mm

Date Released
28th February, 2007

The N20 note was first introduced in 1977 and re-issued in 1984 in a new colour. The N20 note is the first note to have the portrait of a national hero in the person of the late Head of State - General Murtala Mohammed (1938-1976). The back has the portrait of Ladi Kwali, a famous potter.

On February 28 2007, the N20 Naira note was redesigned and issued in polymer substrate.

Past Issues of this note

Withdrawn in February, 2005
Withdrawn in 1984

Read about General Murtala Mohammed.
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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