Archives Tag: Nigeria Currency
Do You Know: How the Terms ’Naira’ and ‘Kobo’ came about?
April 19, 2022
Currency is like current; meant to flow. But with this ‘flow’ has been evolutions. Evolution from the barter systems, to the use of precious stones, objects and artifacts, to cowries, to coins and paper money (and polymer money can be added to it too). it is easy to identify some countries and regions by the … Continue reading Do You Know: How the Terms ’Naira’ and ‘Kobo’ came about?
By jeremiah
Did You Know? How the Naira Got Its Name
April 19, 2022
You probably already know that the naira, Nigeria’s official currency, hasn’t always been the country’s legal tender. And if you’re an older citizen or something of a history aficionado, you’ll be aware that it was preceded by the pound. But how did the naira get its name? And who named it? The answer to this … Continue reading Did You Know? How the Naira Got Its Name
