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1 Pound
| Issuer | Central Bank of Nigeria |
|---|---|
| Year | 1958 |
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| Currency | Pound (1918-1973) |
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| Obverse description | A central vignette occupies the left portion of the face, presenting a tropical river landscape with lush vegetation, palm trees, and wooded hills rendered in fine intaglio engraving. To the right, a large guilloche medallion serves as the watermark window, with the denomination ONE POUND in bold letterpress at lower right and an Arabic script inscription at lower left. The note is dated 15th September 1958 at lower centre, with three facsimile signatures below the date line and serial number at lower left. |
|---|---|
| Obverse lettering | Federation of Nigeria Central Bank of Nigeria Promise to pay on demand the sum of One Pound قسم طيبا |
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| Comments |
Nigeria's Central Bank was established by ordinance in 1958 and began operations in July 1959, so this 1958-dated note belongs to the very first series ever issued by the institution — printed and held in readiness before the bank had even opened its doors. Waterlow & Sons had extensive experience with British colonial and newly independent African currency work, and Nigeria's inaugural series was among their last significant African contracts before the firm was absorbed by De La Rue in 1961.
The West African Currency Board had handled Nigerian currency until this transition, making this issue a clean break from a shared regional system that had served multiple British territories under a single note pool since 1912.