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Currency – The Naira and Kobo

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Introduced in 1973, the currency currently used in Nigeria is the Naira and Kobo. Prior to this, the country used Pounds as the legal tender. Naira has the sign ” ₦ ” while the kobo is signed ”K” . The Kobo In 1973 the kobo had five denominations namely  1/2k, 1k, 5k, 10k and 25k. In 1989  50K and

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