Currency in Circulation:Notes:
Currency Withdrawn:Earlier | 1959 | 1965 | 1968 | 1973 | 1977 | 1979 | 1984 | 1991 | 2007| 2022
N500 Naira Note
151mm x 78mm
4th April, 2001
N500 note represents one of the new generation of currency
notes in the Nigerian currency system. Machine engraved patterns of various
characters appear on the design. These patterns provide the tactile quality so
essential to the security of the banknote. Bold colours have been used on the
back-ground tint to link securely with the engraving and help give a distinctive
identification to the design.
On the front of the note is a portrait of Dr. Nnamdi Azikiwe - first President of the Federal Republic of Nigeria. At the back of the note is the picture of an off-shore oil-rig.