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Learn› Primary› Primary 4› Mathematics› Identifying Nigerian Coins and Notes

Identifying Nigerian Coins and Notes

Recognise the coins and banknotes we use in Nigeria.

~8 min Mathematics Aligned with NERDC
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Nigerian Money

In Nigeria we use Naira (₦) and Kobo (k). 100 kobo = 1 naira.

Coins: 50k, ₦1, ₦2 (rarely used today). Notes: ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000.

Looking at Notes

  • ₦10 note — brown/purple, shows people celebrating
  • ₦50 note — has a barcode-like security strip
  • ₦100 — has a raised security thread
  • ₦200, ₦500, ₦1000 — the higher the number, the more valuable

Which Is Worth More?

Compare two notes: ₦100 vs ₦20. The note with the bigger number buys more. So ₦100 is worth more than ₦20.

Practice

Arrange these from smallest to largest value: ₦10, ₦100, ₦5, ₦50, ₦500. Check with a grown-up.

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Contents

Course contents

Money: Naira and Kobo

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