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10 Naira

Issuer Central Bank of Nigeria
Year 1973-1978
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description The Central Bank of Nigeria headquarters building occupies the central vignette, rendered in fine intaglio against a rose and pale guilloche underprint. The denomination ₦10 appears in all four corners with the bank title at top and an Arabic script inscription below the central vignette. Two signature lines for the Governor and Chief of Banking Operations are positioned at lower centre, with a blank oval watermark window to the right.
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Reverse description A hydroelectric dam with water cascading through multiple sluice gates forms the central vignette, executed in intaglio against a mauve and lilac guilloche background. The denomination ₦10 is repeated in each corner, with TEN NAIRA in a plain panel at lower centre and the bank title along the left margin.
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Comments

Nigeria's 10 Naira entered circulation after the 1973 decimalization that replaced the pound sterling-linked system with the naira and kobo — a monetary restructuring timed deliberately to distance the country from its colonial currency architecture following independence and, more pressingly, the economic dislocations of the Biafran War. Thomas De La Rue handled production throughout the series, as they did for most of Nigeria's early naira issues.

Two distinct signature combinations appear across the print run, with F.A. Adekunle remaining as one signatory through both the 1973 and 1977 pairings — an unusual degree of continuity across a period of significant political turbulence, including the 1975 coup that removed Gowon.

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