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20 Shillings

Issuer Government of Nigeria
Year 1918
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Reference(s) P#1B
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Obverse lettering NIGERIA
Government of Nigeria
TWENTY SHILLINGS
20/-
Issued under Ord. XXII, 1918.
These Currency Notes are Legal Tender for the payment of any amount.
LAGOS. December, 1918.
Treasurer.
No.
Reverse description Unprinted plain cream paper reverse, showing a strong letterpress offset impression of the obverse design in mirror image, including all inscriptions and the guilloche denomination panel, as a result of the single-sided local printing process.
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Comments

Nigeria's earliest paper currency was authorized under the West African Currency Board, but this 1918 issue carries the Government of Nigeria imprint directly — a consequence of wartime disruption to normal WACB supply channels. Local printing in Lagos was an improvised solution; the metropolitan printers simply could not reliably service West African territories during the later years of the First World War.

MacGregor's signature as signatory places this in a very narrow administrative window. Notes locally produced under these conditions are typically rough by metropolitan standards, and the paper stock used in Lagos was not purpose-made currency stock.