Nigerian five-hundred-naira note explained

Denomination:Five hundred Naira
Country:Nigeria
Value:500
Unit:naira
Width Mm:151
Height Mm:78
Years Of Printing:2001-2022 (first issue) 2022-present(second issue)
Obverse Design:Nnamdi Azikiwe
Reverse Design:Off-shore oil rig

The five hundred naira Nigerian note is a denomination of Nigerian currency. It was introduced in April 2001, and it was the highest currency in Nigeria when it was introduced until the 1000 naira was introduced.[1]

The obverse of the note features a portrait of Nnamdi Azikiwe. The reverse features an off-shore oil rig and the Coat of arms of Nigeria.

the 2001 issue was withdrawn on the 10th February 2023 and replaced by a new green version

security features include a Holographic security thread, tilt feature, colour changing ink, watermark and raised ink

Notes and References

  1. Web site: Currency Gallery: N500 Naira Note. 18 April 2021. Central Bank of Nigeria.