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1. en.wikipedia.org › wiki › Nigerian_nairaNigerian naira - Wikipedia

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   The naira (sign: ₦; code: NGN; Yoruba: náírà, Hausa: naira or نَيْرَ, Igbo: naịra, Tyap: nera) is the currency of Nigeria. One naira is divided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria.

   • Banknotes of the Nigerian Naira

     The Nigerian Naira notes are the official banknotes of...

   • eNaira

     eNaira is a Central bank digital currency issued and...

   • Nigeria

     It covers an area of 923,769 square kilometres (356,669 sq...

2. simple.wikipedia.org › wiki › Nigerian_nairaNigerian naira - Simple English Wikipedia, the free encyclopedia

   simple.wikipedia.org › wiki › Nigerian_naira

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   Nigerian naira. The naira (sign: ₦) is the official currency of Nigeria. 100 Kobo makes one naira. The Central Bank of Nigeria (CBN) issues money throughout the Nigerian Federation. It controls the amount of money supply in the economy in order to ensure the economy and prices are stable.

   • Inflation: 8.2%
   • Symbol: ₦

   • ISO 4217 Code: NGN
   • User(s): Nigeria

3. People also ask

   When was the naira introduced in Nigeria?

   • The naira was introduced in 1973, when the country decimalized its monetary system and substituted the naira for the Nigerian pound (the country used the British pound sterling when it was a British colony), which was divided into shilling s. The Central Bank of Nigeria has the sole authority to issue banknotes and coins.

   Naira | Exchange rate, inflation, economy | Britannica Money

   www.britannica.com/money/naira

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   What are some interesting facts about the Nigerian naira?

   • Here are five interesting facts about the Nigerian naira. 1. It’s an abbreviation of the country’s name. Chief Obafemi Awolowo, who served as Nigeria’s Federal Commissioner of Finance, first coined the term “naira.” In honor of Nigeria’s freedom, Awolowo condensed the country’s name into the term for its new currency. 2.

   Everything you need to know about Nigerian currency

   blog.remitly.com/currencies/facts-you-probably-didnt-know-nigerian-naira/

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   What are Nigerian naira notes?

   • The Nigerian Naira notes are the official banknotes of Nigeria, the currency of which is the Nigerian Naira (NGN). The Naira is subdivided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender in the country. The history of Nigerian Naira notes dates back to the introduction of the currency on January 1, 1973.

   Banknotes of the Nigerian Naira - Wikipedia

   en.wikipedia.org/wiki/Banknotes_of_the_Nigerian_Naira

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   Why does Nigeria have a 100 year Naira?

   • The CBN celebrated fifty years of Nigerian independence in 1964 with a commemorative ₦50 banknote. In 2014, it issued a commemorative ₦100 banknote to celebrate Nigeria’s 100-year anniversary as a nation. Although Nigerian currency is still relatively new, the naira has a rich and unique history.

   Everything you need to know about Nigerian currency

   blog.remitly.com/currencies/facts-you-probably-didnt-know-nigerian-naira/

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4. www.britannica.com › money › nairaNaira | Exchange rate, inflation, economy | Britannica Money

   www.britannica.com › money › naira

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   naira, monetary unit of Nigeria. The naira is divided into 100 kobo. The naira was introduced in 1973, when the country decimalized its monetary system and substituted the naira for the Nigerian pound (the country used the British pound sterling when it was a British colony), which was divided into.

5. blog.remitly.com › currencies › facts-you-probablyEverything you need to know about Nigerian currency

   blog.remitly.com › currencies › facts-you-probably

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   Mar 6, 2024 · What is the Nigerian naira? Nigeria abbreviates the naira as NGN and uses the currency symbol ₦. Similar to the U.S. dollar and cents, Nigeria breaks the naira into 100 kobos (k), which are smaller coin denominations. Based out of the city of Abuja, the Central Bank of Nigeria (CBN) issues banknotes and coins.