Catalog
25 Kobo
| Issuer | Central Bank of Nigeria |
|---|---|
| Year | 1991 |
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| Value | Log in to see details |
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| Composition | Copper plated steel |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | FEDERAL REPUBLIC OF NIGERIA UNITY AND FAITH, PEACE AND PROGRESS 1991 |
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| Reverse lettering | 25 kobo |
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| Additional information |
The shift to copper-plated steel for this type reflects Nigeria's broader coinage reforms of the early 1990s, driven by rising base metal costs and a structural adjustment program that was reshaping the country's fiscal architecture. The older nickel-brass 25 Kobo had become too expensive to produce relative to its face value — a familiar problem for low-denomination coinage in economies under currency stress.