What does NGN mean in Currencies?

This page is about the meanings of the acronym/abbreviation/shorthand NGN in the Regional field in general and in the Currencies terminology in particular.

Nigerian Naira

Regional » Currencies

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Definition

What does NGN mean?

Nigerian naira
The naira (sign: ₦; code: NGN) is the currency of Nigeria. It is subdivided into 100 kobo. The Central Bank of Nigeria (CBN) is the sole issuer of legal tender money throughout the Nigerian Federation. 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/supply, processing, reissue and disposal/disintegration of bank notes and coins.

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"NGN." Abbreviations.com. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.abbreviations.com/term/218>.

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