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100 Naira 100 Years - Banking In Nigeria
| Issuer | Central Bank of Nigeria |
|---|---|
| Year | 1994 |
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| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | A frontal view of a classical colonial-era bank building with a prominent rounded facade and arched entrance occupies the central field, rendered in fine detail against a dark mirror proof background. The commemorative legend 'ONE HUNDRED YEARS OF BANKING IN NIGERIA' arcs along the upper periphery. The denomination '100' is inscribed in large numerals in the lower central field, with 'NAIRA' beneath it, all in raised Latin characters. |
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| Additional information |
Issued to mark the centenary of formal banking in Nigeria, this coin commemorates the 1894 founding of the African Banking Corporation's successor institution, the Bank of British West Africa — the first bank to operate on Nigerian soil. Nigeria's commemorative silver program of the early 1990s was modest in scope, and this piece was struck in limited quantities primarily for the collector export market rather than domestic circulation.