January 1973Event
Naira and kobo introduced
Nigeria changed from pounds, shillings, and pence to decimal currency, with the naira as the major unit and kobo as the minor unit.
Hall of FameMilitary I
January 1973
Naira and kobo introduced
Nigeria changed from pounds, shillings, and pence to decimal currency, with the naira as the major unit and kobo as the minor unit.
1000reasons.voteEditorial timeline entry
What happened
Nigeria changed from pounds, shillings, and pence to decimal currency, with the naira as the major unit and kobo as the minor unit. CBN records the change as part of national currency history.
No citations yet. Send corrections + sources to corrections@1000reasons.vote.