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Biafran Pound
The pound (symbol £) was the currency of the breakaway Republic of Biafra between 1968 and 1970. Context The Republic of Biafra existed from 1967 to 1970 as an independent state between Nigeria and Cameroon. The central bank of Biafra was one of the first institutions created. It was then decided to maintain the Nigerian pound. The young Republic relied heavily on foreign exchange for cash, which turned into a risky venture. On 27 January 1968, Biafran President General C. Odumegwu Ojukwu declared: The first notes, in denominations of 5 /– and £1, were introduced on January 29, 1968. A series of coins was issued in 1969; 3 d, 6d, 1 /–, and 2s 6d coins were minted, all struck in aluminium. In February 1969, a second family of notes was issued in denominations of 5/– and 10/–, £1, £5 and £10. Despite not being recognised currency by the rest of the world when issued, the banknotes were afterwards sold as curios (typically at an eighth of their face value, or 2/6 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Biafra
The Bank of Biafra was the central bank of The Republic of Biafra. It was established on May 30, 1967, under Decree No. 30 of 1967 by Biafran president Odumegwu Ojukwu. It was headed by a governor and a board of four directors; the first governor and only was Sylvester Ugoh. The Bank issued its first notes being £1 and 5/- on January 27, 1967 in a speech announced by Biafran president Odumegwu Ojukwu in Umuahia, the Biafran Capital. On 28 January 1969, Biafra issued its first coins 3d, 6d, 1%, and 2.5%. Again in February 1969, the Bank of Biafra redesigned the £1 and 5/- notes and issued new notes being 10/-, £5, £10. References Biafra Biafra Biafara Anglicisation (linguistics), anglicized as Biafra ( ), officially the Republic of Biafra, was a List of historical unrecognized states and dependencies, partially recognised state in West Africa that declared independence from Nigeria ... 1967 establishments in Africa {{bank-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Notaphily
Notaphily is the study and collection of paper currency, and banknotes. A notaphilist is a collector of banknotes or paper money, particularly as a hobby. History It is believed that people have been collecting paper money for as long as it has been in use. Notable early collectors include Maberly Phillips (1838-1923), Henry Strakosch (1871-1943), Fred Catling 1873-1947), Arnold Keller (1897-1972) and Albert Pick (1922-2015).Helen Wang, "The Avonmore Collection. Fred Catling and the first major collection of world banknotes in the UK", ''Numismatic Chronicle'' 184 (2024), pp.331-342. While people began collecting paper currency more systematically in the 1940s, the turning point occurred in the 1970s when notaphily was established as a separate area by collectors. The term was coined in 1970 by Robert Stanley, a linguist then employed as Public Relations Manager of the collectors and investments firm Stanley Gibbons, in a successful attempt to formalise and encourage interest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1967 Establishments In Nigeria
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Canadian Confederation, Confederation, featuring the Expo 67 World's Fair. * January 6 – Vietnam War: United States Marine Corps and Army of the Republic of Vietnam troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts, in an attempt to eliminate the Iron Triangle (Vietnam), Iron Triangle. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 15 – Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species ''Proconsul nyanzae, Kenyapithecus africanus''. * January 23 ** In Munich, the trial begins of Wilhelm Harster, accused of the murder of 82,856 Jews (including Anne Frank) when he led German security police during the German occupation of the Netherlands. He is eventually sentenced to 15 years in prison. ** Milton Keynes in England is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Nigeria
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance; i.e., legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term ''currency'' appear in the respective synonymous articles: banknote, coin, and money. This article uses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history ** Moderne, multiple architectural styles ** Modernisme a.k.a. Catalan Modernism * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound (currency)
Pound is a name of various units of currency. It is used in some countries today and previously was used in many others. The English word "pound" derives from the Latin language, Latin expression , "a pound by weight", in which means 'scale' or 'balance' and means 'pound' or 'weight'. The currency's Pound sign, symbol is £, a stylised form of the blackletter 'L' (\mathfrak) (from ), crossed to indicate abbreviation. Pound sterling#History (600 to 1945), The term was adopted in England from the weight of silver used to make 240 pennies, and eventually spread to British colonies all over the world. Although silver penny mintage began seven centuries earlier, the first pound coin was minted under Henry VII of England, Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Postage Stamps And Postal History Of Biafra
{{disambiguation ...
Postage may refer to: *Mail, or post, a system for physically transporting postcards, letters, and parcels *Postage stamp, small piece of paper indicating proof of payment for mail * ''Postage'' (album), a 2003 album by Supergroove See also *Postage rate (other) Postage rate is amount charged by a postal service to transport and deliver mail. It may refer to: * List of postal rates in the British Mandate of Palestine * List of Ottoman postal rates in Palestine * History of United States postage rates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Naira
The naira (sign: ₦; code: NGN; , , , ) is the currency of Nigeria. One naira is divided into 100 ''kobo''. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Federal Republic of Nigeria. It controls the volume of money supplied in the economy in order to ensure monetary and price stability. The Currency Operations Department of the CBN is in charge of currency management, through the designs, procurement, distribution and supply, processing, reissue and disposal or disintegration of bank notes and coins. A major cash crunch occurred in February 2023 when the Nigerian government used a currency note changeover—delivering too few of the new notes into circulation—to attempt to force citizens to use a newly created government-sponsored central bank digital currency. This led to extensive street protests. History The naira was introduced on 1 January 1973, replacing the Nigerian pound at a rate of £1 = ₦2. The coins of the ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sylvester Ugoh
Sylvester Ugoh (born April 22, 1931) served as the vice presidential candidate of the National Republican Convention in 1993, the NRC's presidential candidate being Bashir Tofa Bashir Othman Tofa (20 June 1947 – 3 January 2022) was a Nigerian politician. A Kanuri Muslim from the northern state of Kano, Tofa was the National Republican Convention (NRC), candidate in the annulled Nigeria's 12 June 1993 presidential .... Ugoh was the governor of Bank of Biafra, Biafran central bank. References Living people Igbo politicians Central bankers People from Biafra Education ministers of Nigeria 1931 births {{Nigeria-politician-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nigerian Pound
The pound was the currency of Nigeria between 1907 and 1973. Until 1958, Nigeria used the British West African pound, after which it issued its own currency. The pound was subdivided into 20 shillings, each of 12 pence. The Nigerian pound, at parity with sterling with free convertibility, was replaced in 1973 with the decimal '' naira'' at a rate of £1 = ₦2, making Nigeria the last country to abandon the pre-decimal £sd currency system. Coins Coins were issued in 1959 in denominations of , 1, 3 and 6 pence, 1 and 2 shillings. The d and 1d coins were holed and struck in bronze. The 3d coin, minted in nickel-brass, was a smaller version of the distinctive twelve-sided threepenny bits that were used in the UK, Fiji and Jersey. The higher denominations were struck in cupro-nickel. Banknotes In 1918, emergency issues were made by the government in denominations of 1/–, 10/– and 20/–. In 1959, [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aluminium
Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has a great affinity towards oxygen, passivation (chemistry), forming a protective layer of aluminium oxide, oxide on the surface when exposed to air. It visually resembles silver, both in its color and in its great ability to reflect light. It is soft, magnetism, nonmagnetic, and ductility, ductile. It has one stable isotope, 27Al, which is highly abundant, making aluminium the abundance of the chemical elements, 12th-most abundant element in the universe. The radioactive decay, radioactivity of aluminium-26, 26Al leads to it being used in radiometric dating. Chemically, aluminium is a post-transition metal in the boron group; as is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al3+ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
