₦
Currency of Nigeria — Nigerian Naira (NGN ₦)
🇳🇬 Official currency of Nigeria
Currency Name Nigerian Naira
Currency Code NGN
Symbol ₦
Subunit 100 Kobo = 1 Naira
Central Bank Central Bank of Nigeria
Banknotes
₦5₦10₦20₦50₦100₦200₦500₦1,000
Coins
50 kobo₦1₦2
Did You Know?
Nigeria redesigned its ₦200, ₦500, and ₦1,000 notes in 2022 with enhanced security features and a new color scheme.
Frequently Asked Questions
What is the currency of Nigeria?
The official currency of Nigeria is the Nigerian Naira (NGN), symbolized by ₦. It is managed by the Central Bank of Nigeria.
What are the denominations of the Nigerian Naira?
Nigerian Naira banknotes come in denominations of ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1,000. Coins are available as 50 kobo, ₦1, ₦2.
What is the subunit of the Nigerian Naira?
The Nigerian Naira is divided into 100 kobos. So 1 Naira = 100 kobos.