Catalog
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| Issuer | Central Bank of Nigeria |
|---|---|
| Year | 2006-2008 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 130 × 72 mm |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CENTRAL BANK OF NIGERIA FIVE NAIRA Naira Biyar Náírà Márun-ún Naira Ise |
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| Protection type | Log in to see details |
| Protection description | the Central Bank of Nigeria logo with electrotype initials; embedded security thread visible when held to light |
| Variants | Log in to see details |
| Comments |
Nigeria's lower denominations were converted to polymer beginning in 2007, but the 5 Naira note was deliberately retained in paper through this transitional period — a cost decision, given the denomination's low purchasing power and high replacement rate. The Central Bank ultimately discontinued the paper 5 Naira entirely in favor of a coin in 2007, making notes from this final print run short-lived survivors of an abrupt policy shift.