Nigeria Naira Symbol, Sign and History
nigerian naira symbols ₦, Sign and History
When you see the dollar sign, the first thing that comes to your mind is the USA, the same thing with the British pounds as well as the Chinese yen; they are all names used to identify the currency of each of these countries.
The same applies to Naira, a unique name coined from Nigeria by Chief Obafemi Awolowo, who is one of the country’s founding fathers.
Before the introduction of Naira and Kobo in 1973, Nigerians have used other names to depict the money spent in the West African country; famous among them is the British pounds which was used between 1907 and 1973.
The reason for the use of pounds was because Nigeria was a former colony of the British Government, which ceased to be one after it gained independence on the 1st of Oc...
