Discovering Nigeria's Forgotten Currency: The One Pound Note

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Discovering Nigeria's Forgotten Currency: The One Pound Note

Many youths of today do not know that Nigeria once used foreign currencies as official money before changing to the naira notes that we have now. This fascinating piece of history came to light when a young lady, identified as @Reetah_kay on Twitter, shared a remarkable discovery. She posted pictures of an old ‘one pound’ note that was dropped in an offering basket after a Sunday service. This currency, which was in circulation from 1907 to 1973, has sparked curiosity and wonder about how it survived for so long.

Imagine the stories that currency could tell! The post raised an intriguing question: how did someone manage to keep such a currency tucked away for decades, only to find its way into a church offering basket recently? The tweet resonated with many, evoking nostalgia and a sense of connection to Nigeria's financial past.

Her post read, “After Sunday service, those counting the money did their work and guess what they found? ‘Nigeria's own One Pound’ I mean ‘one pound’ used between the year 1907 and 1973... Now my question is, how did this person manage to keep this currency till date?” This unexpected find not only highlights the longevity of the one-pound note but also serves as a reminder of Nigeria's rich monetary history before the naira became the official currency.

What You Will Learn

  • The historical importance of foreign currencies in Nigeria.
  • The significance of the one-pound note and its era of use.
  • Social media's role in sharing historical discoveries.
  • Insights into how currency can be preserved over time.

Source: Legit.ng

Nigeria, One Pound Banknote, 1967. (reverse) Bank notes, Nigeria
Nigeria, One Pound Banknote, 1967. (reverse) Bank notes, Nigeria

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