Nigerian two-hundred-naira note

The Nigerian two hundred-naira bill (₦200) is a denomination of Nigerian currency. The first Nigerian note with this value was issued in November 2000.[1]

Two Hundred Naira
(Nigeria)
Value₦200 naira
Width151 mm
Height78 mm
Security featuresSecurity thread, watermark, color shifting ink, embossed portrait, embossed lettering, embossed denominational numerals
Years of printing1st November, 2000 – present
Obverse
DesignAhmadu Bello
Reverse
Designpyramid of agricultural commodity, livestock farming, the National Coat of Arms, yellow trumpet flowers, and the denomination

Sardauna of Sokoto Ahmadu Bello has been featured on the obverse of the bill since 2000. On the reverse of the banknote is a pyramid of agricultural commodity, livestock farming, the National Coat of Arms, yellow trumpet flowers, and the denomination.[2] The bills are also commonly referred to as 20 faiba, indicating that it is ₦10 in 20 places.[3]

Redesign

On the 23rd of October 2022, the governor of the Central Bank of Nigeria, Godwin Emefiele announced that the ₦200, ₦500, and ₦1000 notes would be redesigned to reduce counterfeiting and corruption.[4] The new notes were unveiled on the 23rd of November 2022.[5] No changes were made on the existing features, only the overall colour of the note was changed.[6]President Muhammad Buhari said that the old 200 notes can be used till 10th April 2023

References
  1. "Welcome to the New Central Bank of Nigeria Website". www.cbn.gov.ng. Retrieved 2022-12-13.
  2. "Central Bank of Nigeria:: History of The Currency". www.cbn.gov.ng. Retrieved 2022-12-13.
  3. Adeniji, Gbenga (25 February 2018). "Amusing names Nigerians give naira notes". Punch. Retrieved 24 February 2019.
  4. Erezi, Dennis (26 October 2022). "CBN redesigns 200, 500, 1,000 naira notes". The Guardian. Retrieved 13 December 2022.
  5. Adegboyega, Ayodeji (23 November 2022). "PHOTOS: Buhari unveils Nigeria's new naira notes". Premium Times. Retrieved 13 December 2022.
  6. Anonymous (23 November 2022). "PHOTOS: How New Naira Notes Look". Daily Trust. Retrieved 13 December 2022.
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