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)
| Label | Occurrences |
|---|---|
| Nigerian naira canonical | 65 |
| Nigerian 100 naira note (Zuma Rock depiction) | 1 |
| Nigerian 100 naira note (older series) | 1 |
| naira | 1 |
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 ⓘ |
Referenced by (68)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Nigerian 100 naira note (older series)
this entity surface form:
naira
this entity surface form:
Nigerian 100 naira note (Zuma Rock depiction)