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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Currency Withdrawn: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

N20 Note

Dimensions
130mm x 72mm

Date Released
28th February, 2007

Design
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Withdrawn in February, 2005
Withdrawn in 1984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 : 1/7/1959
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