What currency is used in Nigeria?

Posted on Oct 21, 2025 / Finance

What currency is used in Nigeria?

Nigeria uses the Nigerian naira, written as NGN. It has been the official currency since 1973, replacing the pound. Banknotes feature national heroes, cultural symbols, and landmarks. Cash is widely used, though cards and digital payments are increasingly accepted in cities like Lagos and Abuja. Coins are used for smaller transactions. The naira’s value can fluctuate due to economic factors. The Nigerian naira represents the country’s rich culture and growing economy.



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