Nigeria has abandoned its years-long currency peg and allowed the naira to trade freely, traders and local bankers said, prompting the biggest single-day fall in its history.

More dollar, British pound and euro foreign currency exchange rates in Lagos, Nigeria, on Wednesday, July 26, 2017. Nigeria's economy, which in 2016 suffered its first full-year recession since ...

This guide examines the history and significance of the figures displayed on our currency, ... EXPLORE: 5 easy ways to identify fake Nigerian currency. Sir Ahmadu Bello on the 200 Naira Note.

This is a 20 naira note which is the Nigerian currency; there is about 250 naira to every pound. With this 20 naira note you would be able to buy a mars bar.

The history of paper money in Nigeria started with the introduction N20 note in 1977. ... Naira, was introduced on January 1, 1973, to replace the British pound as the official currency of Nigeria.

He further said the president had challenged his team to review forward many of the targets: "For example, the idea that Nigeria's economy will get to a trillion dollars. He wants to achieve it by ...

After being in the development phase for the last three years, its central bank is piloting the first digital currency in Africa today. It joins 14 other countries now in the pilot stages with ...