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Nigerian naira: research record

Evidence coverage: 1973–1973. This is the span of collected observations, not the currency’s lifetime.

This record includes associated currencies and earlier interpretations. The article selects the evidence relevant to its own history.

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Currency continuity

Nigerian naira

NGN · Research draft
One scoped currency identity. Changes to subdivisions, scale, standard, instruments or issuers do not by themselves create children. A distinct account unit can remain a successor.
Current currency in the inherited endpoint register.
Dated observations: 1973; this does not establish the entire lifetime.

Parents / predecessors

Nigerian pounddecimal currency replacement · 1 January 1973
↗

Children / successors

No distinct successor currency is established in the loaded view.

Siblings

Biafran poundShared predecessor: Nigerian pound
Unit and issue records 1 records

Evidence within this identity, not separate currencies.

Nigerian nairaFTM000644 · C415
Monetary history 3 events

Includes dated issues, standards, subdivisions and institutional changes. Each event retains the source's date qualifications.

1 January 1973First issue

Decimal notes and coins began on 1 January 1973; one naira equalled ten old shillings, or two naira per pound.

C415
15 February 1973; qualified statutory reproductionFormer note tender end reported

The reproduced exchange notice keeps pound-denominated notes as tender through 14 February 1973, ending that status on 15 February.

C457
1 October 1973; qualified statutory reproductionFormer coin tender end reported

The same reproduced notice keeps former coins as tender through 30 September 1973, ending that status on 1 October.

C458
Evidence & research notes 5 claims

Dated observations, not a proven complete lifespan.

Supported C415

Decimal notes and coins began on 1 January 1973; one naira equalled ten old shillings, or two naira per pound.

Central Bank of Nigeria · 1973 Currency Issue Citation S192 · Open source ↗

opening paragraph; arithmetic from twenty-shilling pound

Source access and limitations

Obvious dimensions and coin-label problems elsewhere on the page are not used.

Denomination withdrawal is not extinction of the naira.

Supported C456

The reproduced Nigerian Decimal Currency Act converts one former Nigerian pound into two naira for covered contracts, liabilities and statutory references.

Nigeria; text reproduced by Policy and Legal Advocacy Centre · Decimal Currency Act and Decimal Currency (Exchange) Notice Citation S206 · Open source ↗

s.1(2)–(3); original Gazette not yet checked

Source access and limitations

Commencement header refers to sections absent from the displayed text; notice identifier/date also needs Gazette verification.

Reported provisions are retained with provenance qualification.

Supported C457

The reproduced exchange notice keeps pound-denominated notes as tender through 14 February 1973, ending that status on 15 February.

Nigeria; text reproduced by Policy and Legal Advocacy Centre · Decimal Currency Act and Decimal Currency (Exchange) Notice Citation S206 · Open source ↗

Decimal Currency (Exchange) Notice, paragraph 2; reproduction qualified

Source access and limitations

Commencement header refers to sections absent from the displayed text; notice identifier/date also needs Gazette verification.

Reported provisions are retained with provenance qualification.

Supported C458

The same reproduced notice keeps former coins as tender through 30 September 1973, ending that status on 1 October.

Nigeria; text reproduced by Policy and Legal Advocacy Centre · Decimal Currency Act and Decimal Currency (Exchange) Notice Citation S206 · Open source ↗

Decimal Currency (Exchange) Notice, paragraph 3; reproduction qualified

Source access and limitations

Commencement header refers to sections absent from the displayed text; notice identifier/date also needs Gazette verification.

Reported provisions are retained with provenance qualification.

Inference C459

The reproduced act’s commencement header and exchange-notice identifier contain unresolved dating/section inconsistencies, so they do not independently establish the legal commencement chronology.

Nigeria; text reproduced by Policy and Legal Advocacy Centre · Decimal Currency Act and Decimal Currency (Exchange) Notice Citation S206 · Open source ↗

Act heading and notice heading compared with displayed sections

Source access and limitations

Commencement header refers to sections absent from the displayed text; notice identifier/date also needs Gazette verification.

Reported provisions are retained with provenance qualification.

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