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10 Naira

Issuer Central Bank of Nigeria
Year 2006-2009
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Reference(s) P#33
Obverse description Intaglio portrait of Dr. Alvan Ikoku (1900–1971), Nigerian educator and nationalist, at left-center against a fine guilloche underprint in orange and red tones. The issuer name "CENTRAL BANK OF NIGERIA" and the bank's eagle emblem appear at upper center-right, with the denomination numeral "10" in large red figures at lower left and a geometric rosette vignette to the right of the portrait. Two signature lines reading "GOVERNOR" and "DIRECTOR OF CURRENCY AND BRANCH OPERATIONS" are printed along the lower margin.
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Reverse lettering CENTRAL BANK OF NIGERIA TEN NAIRA Naira Goma Náírà Méwàá Naira Iri 10
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Comments

Nigeria's 10 Naira note in this paper series was already living on borrowed time by 2006. The Central Bank had been pushing polymer for the lower denominations since 2007, when the 50 Kobo, 1, 5, and 10 Naira notes were converted as part of a broader currency reform tied to the centenary of Nigerian currency. The paper version of this denomination ran concurrently with its polymer counterpart for a period before the older substrate was phased out entirely.

Paper examples from the later end of the 2006–2009 window circulated heavily and tend to show it.

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