Nigerian naira

E60040

The Nigerian naira is the official fiat currency of Nigeria, issued and regulated by the Central Bank of Nigeria.

All labels observed (4)

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf fiat currency ⓘ
legal tender ⓘ
backedBy full faith and credit of the Federal Government of Nigeria ⓘ
cashForm metal coins ⓘ
paper banknotes ⓘ
centralBank Central Bank of Nigeria ⓘ
circulationArea Nigeria ⓘ
codeStandard ISO 4217 ⓘ
continent Africa ⓘ
country Nigeria ⓘ
currencySymbol ₦ ⓘ
denominationType banknotes ⓘ
coins ⓘ
digitalUse electronic payments in Nigeria ⓘ
exchangeRateRegime managed float (varies over time) ⓘ
fractionalUnit kobo ⓘ
governingLaw Central Bank of Nigeria ⓘ
surface form: Central Bank of Nigeria Act (various versions)
hasSubunit 1 naira = 100 kobo ⓘ
introduced 1973 ⓘ
ISO4217Code NGN ⓘ
issuer Central Bank of Nigeria ⓘ
languageOfName English ⓘ
legalStatus legal tender in Nigeria ⓘ
legalTenderIn Nigeria ⓘ
surface form: Federal Republic of Nigeria
monetaryAuthority Central Bank of Nigeria ⓘ
monetaryPolicyControlledBy Central Bank of Nigeria ⓘ
monetaryPolicyObjective price stability in Nigeria ⓘ
monetarySystem decimal ⓘ
monetaryUnitOf Nigeria ⓘ
surface form: Nigerian economy
nameOrigin derived from "naira", a contraction of "Nigeria" ⓘ
officialCurrencyOf Nigeria ⓘ
peggedTo not formally pegged; exchange rate managed by Central Bank of Nigeria (varies over time) ⓘ
region West Africa ⓘ
regulator Central Bank of Nigeria ⓘ
replacedCurrency Nigerian pound ⓘ
pound sterling-based system in Nigeria ⓘ
securityFeaturesManagedBy Central Bank of Nigeria ⓘ
status active ⓘ
subunit kobo ⓘ
subunitToUnit 100 kobo = 1 naira ⓘ
symbolPlacement before amount (e.g., ₦100) ⓘ
usedBy Government of Nigeria ⓘ
surface form: Nigerian government

businesses in Nigeria ⓘ
residents of Nigeria ⓘ
usedFor domestic payments in Nigeria ⓘ
pricing of goods and services in Nigeria ⓘ
settlement of taxes in Nigeria ⓘ
usedIn Nigerian financial markets ⓘ

How these facts were elicited

Referenced by (68)

Full triples — surface form annotated when it differs from this entity's canonical label.

Abuja → currency → Nigerian naira ⓘ
Zuma Rock → featuredOn → Nigerian naira ⓘ
this entity surface form: Nigerian 100 naira note (older series)
Jigawa State → usesCurrency → Nigerian naira ⓘ
Nigerian → associatedWithCurrency → Nigerian naira ⓘ
FGN → currency → Nigerian naira ⓘ
Central Bank of Nigeria → currencyIssued → Nigerian naira ⓘ
Ughelli → currency → Nigerian naira ⓘ
Fourth Republic of Nigeria → currency → Nigerian naira ⓘ
Gwagwalada Area Council → usesCurrency → Nigerian naira ⓘ
Kuje Area Council → usesCurrency → Nigerian naira ⓘ
Fugar → currency → Nigerian naira ⓘ
Abaji → usesCurrency → Nigerian naira ⓘ
Wuse Market → currencyUsed → Nigerian naira ⓘ
Banex Plaza → currencyAccepted → Nigerian naira ⓘ
NGN → representsCurrency → Nigerian naira ⓘ
NGN → majorUnitName → Nigerian naira ⓘ
this entity surface form: naira
NGN → currencyName → Nigerian naira ⓘ
Ideato North → usesCurrency → Nigerian naira ⓘ
Isiala Mbano → usesCurrency → Nigerian naira ⓘ
Ikeduru → usesCurrency → Nigerian naira ⓘ
Zumwa → featuredOn → Nigerian naira ⓘ
this entity surface form: Nigerian 100 naira note (Zuma Rock depiction)
Aba North → usesCurrency → Nigerian naira ⓘ
Bende → usesCurrency → Nigerian naira ⓘ
Ahiazu Mbaise → currency → Nigerian naira ⓘ
Ideato South → usesCurrency → Nigerian naira ⓘ
Ezinihitte Mbaise → usesCurrency → Nigerian naira ⓘ
Nwangele → usesCurrency → Nigerian naira ⓘ
Odogbolu → usesCurrency → Nigerian naira ⓘ
Owerri North → usesCurrency → Nigerian naira ⓘ
Ijebu East → usesCurrency → Nigerian naira ⓘ
Idumota Market → currencyUsed → Nigerian naira ⓘ
Ipetu Ijesa → currency → Nigerian naira ⓘ
Ikeji Ile → currency → Nigerian naira ⓘ
Nkwerre → currency → Nigerian naira ⓘ
Odukpani → usesCurrency → Nigerian naira ⓘ
Etung → usesCurrency → Nigerian naira ⓘ
Ijebu Ijesa → currency → Nigerian naira ⓘ
Enugu South → usesCurrency → Nigerian naira ⓘ
Ifo → usesCurrency → Nigerian naira ⓘ
Tarkwa Bay Beach → currencyUsed → Nigerian naira ⓘ
West Central State → currency → Nigerian naira ⓘ
Irepodun → usesCurrency → Nigerian naira ⓘ
Ifelodun → usesCurrency → Nigerian naira ⓘ