History of Currency Museum of Central Bank of Nigeria

Introduction

The Currency Museum of the Central Bank of Nigeria was commissioned on 6th May, 2009 by the then Senate President, David Mark, GCON as part of the activities to mark the 50th Anniversary of the Bank.

The Role of Currency Museum

All over the world, museums serve as heritage sites that preserve and promote the religious, cultural and historical value of objects and materials collected.

The aim of the CBN Currency Museum is to educate, enlighten and entertain the public on the Evolution of Money in Nigeria, Currency Related Issues and the Bank’s Initiative.

Collection

Our collections comprise of artifacts and currencies obtained by loan (National Commission for Museum and Monuments), donations and outright purchase. At inception, the CBN Currency Museum had about 256 collections, however, as at end December, 2019, the museum had 1934 collection.

Visitors

Since inception, Currency Museum had received various visitors comprising the President of the Federal Republic of Nigeria, Muhammad Buhari GCFR, members of the National Assemble, Governors of African Central Banks, Representatives of WAIFEM, Staff of the Bank, Students from various Schools as well as the general public.

Exhibitions

The Currency Museum has a Permanent exhibition termed “The Evolution of Money in Nigeria” and two temporary exhibitions, titled “Non-interest Banking in Nigeria and the Naira our National Pride”.

International Museum Day & International Council of Museums

The Currency Museum had also hosted five (5) International Museum Days. The objective of celebrating the Day is to raise awareness on the role of museums in Cultural heritage.

The Currency Museum is a member of the International Council of Museums (ICOM). The Council provides a platform for Museum professional around the world to interact and exchange ideas.