20 Nigerian naira Banknote Design
The 20 Nigerian naira note front design features General Murtala Mohammed (1938 – 1976), a Nigerian general and military. He led the forces in the overthrow of the Republic of Nigeria and stood out during the Nigerian Civil War with the National Coat of Arms and the denomination. The reverse note side illustrates Ladi Kwali (1925 – 1984), a famous Nigerian potter, The National Coat of Arms, a sketch map of the nation and the denomination in English and Hausa (Chadic language). This note is part of the 2006 – 2020 series, and its color is green and dark green.
Text: Central Bank of Nigeria, Unity, and Faith, Peace and Progress, Governor, Director of Currency and Branch Operations, General Murtala R. Muhammed (1938-1976), Ladi Kwali (pottery works), Naira Ashirin, Naira Iri Abuo, Ogún Náírà, Twenty Naira, 20, 2017.
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The Naira has been the official currency in Nigeria since 1973, Wherefore when it replaced the Nigerian pound after the national independence in 1960.
After establishing the Naira as the legal currency of exchange, this is why the Central Bank of Nigeria issued notes in denominations of 50 kobo, 1 Naira, to 1000 Naira between 1991 and 2005.6
In 2007, Nigeria changed the 50 kobo and 1 naira to coins. But, to clarify, notes have had a different design and security changes until nowadays.
In 2019, the Naira attained a landmark when, for the first time, it featured a woman’s signature. However, Priscilla Ekwere Eleje, the Director of Currency operations of the Central Bank of Nigeria at the time.
In October 2021, the Naira, the digital version of the state currency, is officially launched in Nigeria.
Nigeria currency symbol
The currency code for Nairas is NGN, and the currency symbol is ₦. Therefore, 100 kobo are One Naira.