500 Naira

Features

Issuer	Nigeria
Issuing bank	Central Bank of Nigeria
Period	Federal Republic (1963-date)
Type	Standard circulation banknotes
Years	2022-2025
Value	500 Naira 500 NGN = USD 0.37
Currency	Naira (1973-date)
Composition	Paper
Size	151 × 78 mm
Shape	Rectangular
Issued	15 December 2022
Number	N# 363723
References	TBB# 245 Owen W. Linzmayer. The Banknote Book (4 volumes).

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Obverse

Dr. Nnamdi Azikiwe (1904-1996) - First President of the Federal Republic of Nigeria. Ornamental security patterns adapted from Nigerian traditional art.

Scripts: Arabic, Latin, Latin (cursive)

Lettering:
Central Bank
of Nigeria
Five
Hundred Naira
500

Reverse

Offshore oil rig platform. Coat of arms.

Scripts: Latin, Latin (cursive)

Lettering:
Central Bank
of Nigeria
Five
Hundred Naira

Watermark

Dr. Nnamdi Azikiwe / Electrotype "CBN500"

Signatures

Godwin Ifeanyi Emefiele (GIE)	Governor
Ahmed Bello Umar (ABU)	Director of Domestic Operations
Elizabeth Amos Kwaghe (EAK)	Director of Domestic Operations
Olayemi Michael Cardoso (OMC)	Governor
Mohammed-Jamiu Olayemi Solaja (MJOS)	Director of Currency Operations
Adetona Sikiru Adedeji (ASA)	Director of Currency Operations

Comments

UV activity on a 2024 note (365nm):

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Date	Signatures	UNC	References		Frequency
Undetermined
2022	GIE, ABU	$ 3.80	TBB# 245a Owen W. Linzmayer. The Banknote Book (4 volumes).		27%
2023	GIE, EAK	$ 2.90	TBB# 245b Owen W. Linzmayer. The Banknote Book (4 volumes).	Governor signature: Godwin Emefiele	11%
2023	OMC, EAK	$ 3.70	TBB# 245c Owen W. Linzmayer. The Banknote Book (4 volumes).	Governor signature: Olayemi Cardoso	20%
2024	OMC, EAK	$ 3.30	TBB# 245d Owen W. Linzmayer. The Banknote Book (4 volumes).	Director Signature: Elizabeth Kwaghe	8%
2024	OMC, MJOS	$ 3.20	TBB# 245e Owen W. Linzmayer. The Banknote Book (4 volumes).	Director Signature: Mohammed-Jamiu Olayemi Solaja	24%
2025	OMC, MJOS		TBB# 245f Owen W. Linzmayer. The Banknote Book (4 volumes).		3%
2025	OMC, ASA		TBB# 245g Owen W. Linzmayer. The Banknote Book (4 volumes).		1.2%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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