Dewasco Sparty

 Nigeria has experienced so many changes in their currencies, and there was a time when trade by barter was a means of buying and selling of goods, and after some while the currencies of the Colonial masters was introduced such as Shillings, Pounds and Pence. After some few years naira become the legal tender. In this article today, we will be discussing the list of Nigeria currencies from the Colonial era till date. Naira was introduced in 1912 to1959 by the west African currency board. 01 : TRADE BY BARTER Trade by barter System of trading: It is a mean by which people exchange what they have for what they want. 2. COWRIES :  Some years later, cowries was introduced in Nigerian to pay for the goods they purchase in the market 3. The Nigerian Shillings:  Nigeria Shilling was used to pay for good purchases and was introduced in 1958-1959. 4. The Nigerian Pound :  Nigeria Pound was used to pay for good purchases so many years ago and was introduced in 1967 05:Five Shillings Note:  it wa