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5 Naira

Issuer Central Bank of Nigeria
Year 1984-2005
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Value 5 Naira (5 NGN)
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Obverse description Portrait of Alhaji Sir Abubakar Tafawa Balewa at left, rendered in intaglio in purple and brown-violet tones over a multicolor guilloche underprint. The issuer name and denomination inscription are carried across the face in letterpress. Security features are integrated throughout the design.
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Reverse description Central composition in purple intaglio presents three traditional dancers in full ceremonial costume and headdress at center right, set against a multicolor underprint. A large circular guilloche medallion inscribed 'Central Bank of Nigeria' occupies the left portion, enclosing the watermark reserve zone, with the Nigerian coat of arms positioned below the medallion. Denomination numeral '5' appears in ornate engine-turned cartouches at all four corners.
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Comments

Nigeria's P#24 ran across an unusually long span — from the Buhari military government through the Babangida years, the brief Shonekan interregnum, Abacha's dictatorship, and into civilian rule under Obasanjo. The same basic note circulated through coups, structural adjustment, hyperinflationary episodes, and a currency redenomination debate, which is itself a minor historical curiosity for a single continuous issue.

Nigerian paper notes of this period are frequently found with heavy soil and ink transfer from circulation in humid conditions — a known characteristic of the series, not a grading anomaly specific to individual examples.

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