Nigeria’s currency is officially called
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Correct Answer: Option D
Explanation:
The official currency stated in the document is “Nara and Kobo,” although in practice, it is the Naira (₦) and Kobo (₦0.01). The Naira is subdivided into 100 Kobo. The currency facilitates all domestic transactions and is also a symbol of national sovereignty. It is issued and regulated by the Central Bank of Nigeria.
The official currency stated in the document is “Nara and Kobo,” although in practice, it is the Naira (₦) and Kobo (₦0.01). The Naira is subdivided into 100 Kobo. The currency facilitates all domestic transactions and is also a symbol of national sovereignty. It is issued and regulated by the Central Bank of Nigeria.