. At the end of the civil war there was a critical shortage of the new Nigerian currency, which retarded efforts to replace the currency in circulation in the east. The Bank of Nigeria . The black is for mourning them and in remembrance. At first it appears to be a Morse code security thread, but the marks are in fact printed on the front of the notes. Latest World news news, comment and analysis from the Guardian, the world's leading liberal voice Called the " sand dollar ," it will increase financial inclusion for inhabitants spread out across the country's 700 islands, where banking services such as cash machines are not always available. Biafra Gorgeous Crisp UNC Bill Note Currency, 1 Pound, BIAFRA NIGERIA 5 10 SHILLINGS 1 5 10 POUNDS 3 4 5 6 7 1968-1969 UNC COMPLETE SET, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DS0046555. Under this decree the bank was to be administered by a board consisting of a Governor and not less than four Directors, who were to be appointed by the Military Governor. There would be very few collectors of world bank notes who have not come across one or more of the bank notes issued by the secessionist state of Biafra during the Nigerian civil war. This is supported by a statement by Dr. Pius Okigbo (economic adviser to the Biafran regime) on 1 February when he gave details of the new Biafran currency. Of the various symbols used in the design of the Biafran bank notes (both issues), several were very important. like I always say google is your friend so use it and lemme alone. It was generally reported that the notes were being sold at discounts! The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. lines drawn by a geometric lathe). Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Despite Ojukwus official speech on 27 January and an announcement to the international press on 30 January on the introduction of the new bank notes, there is some lingering doubt as to the official versions of events (which can sometimes be misleading, especially when recorded some time after the events). INEC suspended elections in some parts of Bayelsa, How Top Nigerian politician lied, deceived U.S. court. When Biafra declared its independence, it was drastically short of equipment to fight the war, despite the declarations of Lieut.-Col. Ojukwu. ), 1967 October 25 (25g); May 29 (1e); June 9 (7d), 1968 January 3 (5d); January 23 (1e); January 26 (4g); January 30 (4h); April 17 (10f); June 20 (4h). Something went wrong. It appears that the authorities in Lagos would not release the new Nigerian bank notes in those areas of the Eastern Region which had been liberated from the Biafran rebels, for fear that a bank full off the new notes may be captured in a counter-offensive. C $12.28. WASHINGTON, March 17, 2020 The World Bank and IFC's Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. We had to do something quickly to save the near-disastrous situation. The World Bank has rejected a request from El Salvador to help with the implementation of Bitcoin as legal tender. There were many more notes prepared for the second issue of notes with the serial number prefixes being distinct for each denomination. However, most commentators on the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French. Constructed from copper bars they form an incomplete circle (or oval) having lobes at the ends and are often described as bracelets or armlets. So next time you come across one of these notes, dont reject them out of hand collecting bank notes doesnt have to revolve around scarce notes, and this series proves that cheap notes can be just as intriguing as their expensive counterparts. See More, Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Einzig, Paul (1949) Primitive Money, Eyre & Spottiswoode, London. But we know the reason why. However in the case of the individual no more than 10 of the 30 could be made up with Biafran notes and in the case of the commercial enterprises the limit was 100. However, the first numeral in the serial number for all notes of the second issue is always zero. Many of these notes were not delivered to Biafra, but it is not known how many were successfully conveyed to their destination and how many remained in storage at their point of production. The machinations of the various political elements caused Nigeria to lurch from one political crisis to another in the early years of nationhood. From Ojukwus speech it appears that the emergency issue was prepared in a short period of time, although the need for an alternate currency would have dated from the time when Nigerian notes were first withdrawn from circulation. See the details of the banknotes available for swap. Because the old Nigerian notes continued to be accepted in certain areas, the value of the old Nigerian currency was not entirely worthle! See Details. Realising that the currency was unlikely to be accepted outside Biafra, Dr. Okigbo also stated that the lack of international acceptance and an according exchange rate was immaterial since the currency was intended only for circulation in Biafra. ONE POUND - 1 Did UK police arrest six Nigerians for selling black market fuel? The use of this paper is the dominant security feature of the issue, however there is a very interesting attempt to use an early form of micro printing on all notes of this series. World Currency / Biafra / Bank of Biafra ; Greysheet Catalog Details. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news. Ojukwus speech dates the declaration at 27 January 1968 (the date of the announcement of Biafras new currency), whereas his Diary of Events dates it at 22 January (the same day that the old Nigerian notes were no longer accepted by the Central Bank of Nigeria). Should any individual or enterprise wish to surrender a greater amount than the stated limits, then this would be done so long as the requests were registered with the exchange control authorities. Certain that no great force would be required to subdue the rebel government, the Nigerians prepared for what they referred to as a police action. of each note is a rising sun with a palm tree in the foreground, the value of the note is in a disc to the right, and the remaining areas of the note are covered with patterns imitating intaglio engine-work (i.e. The Governor of the Bank seems to have been Sylvester U. Uqoh (as deciphered from the signature on the Biafran bank notes), but the identity of any directors remains a mystery. The Biafrans, on the other hand, claimed that by the end of January 1968 they had collected more than 53 million. $195.00. Since some users own several versions, the sum may be greater than 100%. Whatever the exact date of issue, the quote above does show that, following Nigerias announcement of their new note issue, Biafra continued to collect as many Nigerian notes as possible before the notes could no longer be redeemed. The currency of Biafra had been the Nigerian pound, until the Bank of Biafra started printing out its own notes, the Biafran pound. REPUBLIC OF BIAFRA Cronje, Suzanne (1972) The World and Nigeria The Diplomatic History of the Biafran War 1967 1970, Sidgwick & Jackson, London. In 1968 it was reported that Biafra was preparing to finance their war effort by offering bonds to overseas subscribers. On the back of the 5-shilling note is a picture of four Ibo girls, and surrounding the value of the note to the left is a manilla. GOVERNOR - DIRECTOR The Biafran conflict is well documented, with many works addressing the struggle from both sides. Market conditions change over time, and TRE provides indicative quotes to help inform their decision. And, it is not just a souvenir: it is legal tender in those places. Nigeria is one of the most multicultural states in the world, with over 500 languages being spoken. The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people's lives. The small print appears as continuous lines, however the print is made less easy to detect by being overlaid with a pattern of lines the pattern being different on each denomination. However it has been suggested that much of the haul did not make it back to Biafra the insinuation being that the money was diverted into private hands. (After independence, a fourth region the Mid-west was created.) Information about the claim has not appeared in any of the mainstream media. The chance of the euro becoming a world currency was damaged by . Browse By Material; Browse By Set/Series Name; Browse By Currency; Related Sites. Published on 31 October 2019, the article was shared on other news sites and on Facebook. The italics in the above quotation is an editorial comment added to the interview for the publication of Ojukwus book, and it could not be correct if the Biafran currency was introduced some ten days after the interview. the 5-shilling note repeats Bank of Biafra Five Shillings. While not known for certain how many notes were produced for circulation in Biafra, a reasonable estimate can be made by extrapolating the number of notes prepared for each known serial number prefix. The peoples living in Nigeria are looking forward to the SNC as the only genuine and serious conference that could solve the problem that is Nigeria. Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. Thursday, 23rd . No member from this site currently wants to exchange it. When the federal government offered to appease those in the east, their efforts were rejected, and although a lot of effort was made in trying to bring about a reconciliation, it appeared that those in the east were not willing to come to a compromise. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. The two letter serial number were followed by a seven digit number. 1968-69 1 Pound from Biafra. Top Rated Seller Top Rated Seller. The current regional distribution of 36 states was approved in 1996. . This is a Currency Gallery page and some, most or even all of the banknotes displayed above on this page may not be available to purchase or to photograph. Comments made in a speech by General Ojukwu in February 1969 (a year after the events), reflect the public despair that was expressed at the Nigerian decree (although Ojukwu himself could not have been surprised): The government has long been aware of the terrible experiences of our people over the issue of currency. The Burkina Faso COVID-19 Preparedness and Response Project will strengthen the public health systems' capacity to prevent, detect, and respond to the pandemic. In an effort to curb the flow, the federal government issued a decree in June stating that Nigerian currency exported from Nigeria (including the rebel held Eastern Region) after 21 August 1967, would not be redeemed by the Nigerian Government. 20,851 Results Certification Year Type Grade Circulated/Uncirculated Condition Price Buying Format All Filters CHINA 1949 HAINAN BANK 1 YUAN BANKNOTE RARE VERY CRISP XF.P-S#1457. However the Alo makes its reappearance on the back of the 5-pound note, this time having a white disc with the coat of arms laying over its shaft. Biafra 5 Pound: Biafra : 10 Pound : ID: 1968-1969 : P-0007a : Show Full Details: Biafra 10 Pound: . (Biafra transferred its capital several times to avoid capture by advancing Nigerian forces). With the short time at our disposal, we could only produce notes in denominations of 1 and 5/-; we could not produce coins. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Consecutive pair. 1 - ONE POUND - 1. Numista does not buy or sell coins or banknotes. For the first series, there are only two known serial number prefixes, while for the second series there are four prefixes. . It is probable that the two million Nigerian pounds captured in Benin were used by the Biafrans to finance their war effort. Back. Security printers usually use paper, particularly paper with high linen and cotton content, which is not treated in such a manner.). 5 But I wonder how many of us have contemplated what the map of the new Biafra will look like. It turned out, however, to be false information. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. C $4.02. The leaders of this movement were close to the Military Governor, and from late 1966 it seems that plans were being put in place for the Eastern Region to secede. As the situation in Biafra deteriorated it would appear ! Get the latest news, updates, and video from around the globe. Another version states that one plane was forced to jettison much of its cargo, including over half the bank notes it was carrying, into the Atlantic while flying along the coast. Description Biafra Bank of Biafra 1 Pound ND (1967) Pick 2 PMG Gem Uncirculated 66 EPQ; Angola Banco de Angola 20 Escudos 1956 Pick 87 PMG Choice About Unc 58; Mozambique Banco de Mocambique 100 Escudos 1961 (ND 1976) pick 117a PMG Gem Uncirulated 66 EPQ. Most of us are familiar with the Biafra map of between May 30, 1967 and January 15, 1970 (the old Biafra.) It . The plane was then unable to land in Biafra and had to land in Sao Tome. Ultimately the speculator! The notes were reported to be on transfer from the Banque Populaire Suisse in Basle to a bank in Ibadan (in Nigeria), but were handed over to the Nigerian government by the Togolese authorities. Biafran stamps were initially just overprinted Nigerian stamps (overprinted SOVEREIGN BIAFRA), but the newborn country soon issued it's own designs. The Times newspaper London, United Kingdom, (The references in brackets refer to the page number and column location of the relevant article. Portugal was an early supporter of Biafra, and by October 1967 Biafra had established Perhaps, this was what made the video to . Despite the advance warnings given by Lagos, and the dubious manner in which the Biafrans were raising revenue with Nigerian currency, the Biafran Government looked upon the Nigerian announcement as ! Following the end of the war, federal sources claimed that they had found evidence of the Biafrans asking the relief agencies to pay landing fees (in foreign exchange), for the use of their air-strips. 1 - 1. This index is based on the data of Numista members collections. Besides the US, 22 other countries use different forms of the dollar currency, including Australia and Canada. The first issue of the bank notes included only 5 shillings notes and 1 pound notes. Dubawa has also contacted the claimant several times with no response so far. As has been illustrated above, the Bank of Biafra Decree explicitly adopts Nigerian currency as the circulating medium for Biafra, and the Biafrans had seemed quite willing to maintain this currency for as long as they could. Auction 109. BIAFRA 1 POUND ( 1968-69 ) PICK # 5a AU. Refine Results . Portugal was an early supporter of Biafra, and by October 1967 Biafra had established a private mission in Lisbon. In addition to the notes that circulated in Biafra, and those which were dumped into the sea (first series), there were also thousands of undelivered notes that survived the war. Our new currency notes, along with our new postage stamps, will be issued to the public on January 29, 1968. (Ojukwu, 1969). Copyright 1995-2023 eBay Inc. All Rights Reserved. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform. The spear (which appears to the left of the 1-pounds back) is called an Alo amongst the Ibo people. Under the decree, the central office of the Bank of Biafra was to be in Enugu, which was the capital of the Republic. Power was being concentrated in the hands of a few factions in each region, and nationally there was a great deal of political jockeying between the major ethnic groups particularly the northern Hausa against the southern Yoruba and Ibo. To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. I shall send to the conference, when the time comes, economic experts who will advise on detailed arrangements with a view to safeguarding our future in this respect. (Akpan, 1972), It is most likely that when the time came to organise the first issue of Biafran notes, Ojukwu played a significant role. From April 1967 payments to federal-owned concerns (and employees) were stopped, import licenses to the region were with-held, and all foreign exchange standing in credit of the regional government was seized. False: the world bank has not approved the Biafran currency and has confirmed this claim to be false alongside shreds of facts gathered by Dubawa. Also with the latest banking policy that everyone must deposit their money before 30.1.2022 it is important to note the above instructions & put them into action It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. The official exchange rate at the beginning of 1968 was one Nigerian pound to one pound three shillings and four pence sterling making the Rothschild offer approximately half its real value.) Opinion: Why young Africans need to know their history. On 12 January more than 20 tons of Nigerian bank notes were flown into Switzerland on two aeroplanes but only 7 tons were permitted to be unloaded. During Nigerias final thrust of August 1968 (which proved not so final), Whartons planes did not arrive when needed. This desire manifested itself six months after the unsuccessful coup, in a second coup which was led by elements of the Nigerian army controlled by the Northern Region. This video has been widely circulated on social media, causing great pleasure among many, with some suggesting that the Biafran Pound is more valuable than the Nigerian Naira. Biafra. In January 1967 the Eastern Region began impounding the rolling stock of the Nigerian Railways and seizing goods at Port Harcourt that were the property of federal authorities. Has a politician, a business or union leader, a health association or environmental group said something that you suspect is untrue or misleading and that should be challenged? Violent attacks threaten Nigeria's upcoming 2023 elections. Thank you The following information should be of interest to both old and young collectors, and will hopefully illuminate an important piece of African history as well as the history of the Biafran bank notes. Visit these great CDN Sponsors. Our main objective is to make sure we minimise lose of money. The pound (symbol ) was the currency of the breakaway Republic of Biafra between 1968 and 1970.. Under a separate decree Decree No.4 of 1967 (also known as the Banking Decree, 1967) the Banking Act of the Federal Republic of Nigeria was adapted to suit the requirements of the Republic of Biafra. The question of central banking and coinage is something which must be very carefully looked into. Wharton was subsequently fired and a new supply route established. Banjo had ordered the withdrawal of the Biafran troops from the Mid-Western city of Benin in mid-September, the retreating for! Contemporary reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. Although Nigeria was held up by the Western World as a model of the democratic process in Africa, this was far from the truth. GOVERNOR - DIRECTOR The difference being that the Eastern Regions arms had supporters of a leopard (on the left) and a man carrying a spear an Alo (on the right), whereas the Biafran arms had two leopards supporting the shield. China became the world's first major economy to pilot a digital currency in April 2020. As a result, Dubawa embarked on scrutinizing the claim. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. Currency: Pound (1967-1970 . Now, when Biafra was declared in 1967, Biafrans started. The movement for the Independent People of Biafra (IPOB) is not entirely new to most Nigerians and especially those in the eastern part of the country. WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Nothing false about it,its merely voter education to guide o okay , thanks for the cross checking , i will verify my info okay , thanks for the cross checking , i verify my informati Hello FACEBOOK, this is not false information. Modern issues 1961-present (25 th . There would be very few collectors of world bank notes who have not come across one or more of the bank notes issued by the secessionist state of Biafra during the Nigerian civil war. No matter in what form the notes are found (the remainders are now getting scarce), the notes of Biafra offer an interesting piece of history a piece of African history, and a piece of bank note history. This evidence includes speeches of leaders, government pronouncements, newspaper accounts and international reactions. Volume 36, No.4, 1997. MASSOB property is brazenly breached and destroyed by the these brutal operatives. at Wharton had been got at by the CIA and the British (who were also working amongst African nations in an effort to stop assistance to the struggling republic). If this is intended to imitate a Morse code thread, then one can only wonder what the Morse characters are meant to spell. Another of Whartons planes had been destroyed mysteriously in Bissau (in Portuguese Guinea) shortly before this, and another had been impounded in Athens, leading the Biafrans to believe th! Although the Biafran Pound was not acknowledged as a legal tender by other countries at the time they were issued, the paper bills were later on sold as curious money. However, matters became critical in January 1966 when a number of junior army officers attempted a coup. One of the first institutions to be created by the republican government was the Bank of Biafra, which was accomplished under Decree No. You can also ask Ihieagwa people in imo state its Ojomma. Touted as a conference for what is in the best interest of Nigeria, it only reminded those in denial that ethnic identity, ethnic loyalty, ethnic affiliation and ethnic interests are still the operative principles in Nigeria--not "Nigerian National" interests. Don't fall for cheap lies. Remainders are available only for the second series (with the apparent exception of the 10-shilling note which has not been positively recorded), and can be recognised by the lack of serial numbers which are to be found (if present) in the top right and bottom left on the front of the notes. However they are an intriguing set of notes and will provide a collector with a complete set of a country for an affordable price. 1 pound (B102a, P2) Worth: $2.50 - $10.00. We continue with our non-violent movement to actualize Biafra and reclaim our sovereignty and independence from Nigeria. However, Nigeria saw the Biafrans as rebels who were seizing control of the Eastern Region, and determined that force was necessary to bring the recalcitrant state back under the control of the central government. BANK OF BIAFRA What is the cost of converting to local currency? To make matters worse, one Biafran pound is worth 280 Naira! Although Biafra had made a concerted effort to produce the second series of higher quality bank notes, it would appear that their circulation was limited. Thank you for subscribing to the newsletter! The fact that Obasanjo telegraphed publicly what he would do with the Conference report when it becomes available is another indication of more troubles ahead, in the sense that neither the media nor the public heard what he was really saying: the report is only advisory to him only, Obasanjo; he will use it to spawn policies that will not be subjected to customary legislative process; he feels empowered to use any recommendations because such would be "popular" since it came out of this conference of what he calls representative people's delegates, although each "delegate" was handpicked and selected, and not elected, and vehement opposition had been raised about this before the conference started. Waugh, Auberon & Cronje, Suzanne (1969) Biafra Britains Shame, Michael Joseph, London. In his Diary of Events for 1 September 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot. In the Biafran towns and cities the shortage of money was one of the many problems people faced. World Banknotes. Riots, which broke out in several parts of the country, thus found Ibos as the targets of violence. 2015 - 2023 BNWorld, Inc.. All rights reserved. Intermittent reports continued to appear in the international press in late 1967 and early 1968 of foreign nationals attempting to smuggle Nigerian currency into Nigeria. International Bank Note Society Journal. Is there a claim that you would like us to investigate? Pls let Mazi know about it. The nation existed during the war which happened from May 1967 and lasted until January 1970. Tracy L. Schmidt (editor); 2019. 168. The necessary haste which required this to be done precluded the issuing of a Biafran currency in a time frame which would allow the swapping of Biafran notes for Nigerian notes. This may have been one of the reasons why so many Biafran notes remained in Europe undelivered they were a cargo that could bring little practical purpose. While this amount may seem large, it must be remembered that Biafra had a population of 14 million, and the amount in circulation would equate to 10 per person at the most optimistic estimate. These overt actions by the new government precipitated massacres of Ibo civilians throughout Nigeria (but particularly in the Northern region), with estimates of the total killed ranging from thirty to fi! er the actual amount was, following secession large amounts of currency were quickly taken to Europe where they were added to a further 6 million that had been transferred prior to secession, and steps were taken to convert these Nigerian bank notes into foreign exchange. The Latest news in Nigeria and world news. Standard Catalog of World Paper Money. Top Rated Seller Top Rated Seller. Like any new nation, Biafra was keen to be identified with its own national symbols, and for this new republic these were primarily their coat of arms, the rising sun, and the palm tree all being used extensively on Biafran national instruments. Please sign in or create an account to manage your collection. Biafra was established on 30 May 1967 by Igbo military officer and Eastern Region governor C. Odumegwu Ojukwu under his presidency . 1 - 5, Lettering: (From other reports in the press at the time, this appeared to be the general rate available for the notes. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. The present difficulties started when early last year [1968] Nigeria, on the advice of Whitehall, suddenly decided on its wicked and diabolical plan to dispossess our people of their wealth by means of the notorious currency switch. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. As a supporter of the Biafrans, Portugal would seem a likely place for producing one or both series of notes, and Hank Wharton is known to have been ! WEAVING. A video on YouTube claims that the World Bank has finally approved the Biafran Currency. Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1972. Catalog Detail. Being sold at discounts converting to local currency Bank notes included only 5 Shillings notes and will provide a with... Funds ) the new Biafra will look like Shillings notes and will provide a collector with a set... There are four prefixes money was one of the new currency went public on 28 January they. Has also contacted the claimant several times with no response so far unable to land in Tome! Found Ibos as the situation in Biafra and reclaim our sovereignty and independence from Nigeria our non-violent movement to Biafra... From this site currently wants to exchange it happened from May 1967 and lasted until January.! Only wonder what the Morse characters are meant to spell design of the banknotes available for.. Which broke out in several parts of Bayelsa, How Top Nigerian politician lied, U.S.! Times with no response so far Nigeria is one of the euro becoming a world currency / Biafra Bank... Or variety among all the users who own this banknote both sides seeking discredit. With our new currency went public on 28 January 1968, Gen. Ojukwu again records shortage. Inc.. all rights reserved only wonder what the Morse characters are meant to spell C. Odumegwu Ojukwu under presidency... For 1 September 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot economy... Final ), several were very important see the Details of the second series there are four prefixes broke! ( Biafra transferred its capital several times to avoid capture by advancing Nigerian ). And international reactions turned out, however, to be created by the Biafrans, on other... January 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot Biafra between 1968 1970! Embarked on scrutinizing the claim has not appeared in any of the second is. Map of the banknotes available for swap ( which proved not so final ), Whartons planes not... ; Browse by Set/Series Name ; Browse by Set/Series Name ; Browse by Set/Series Name ; Browse currency! On January 29, 1968 and cities the shortage of money was one of the Bank notes only! Newspaper brings you the latest headlines, opinions, political news, updates and! Now, when Biafra was established on 30 May 1967 by Igbo military officer Eastern. From Nigeria Nigerian propaganda, seeking to discredit both Ojukwu and the Nigerian pound was not accepted as an only. By Set/Series Name ; Browse by Set/Series Name ; Browse by Set/Series Name ; Browse by Set/Series ;! ) was the currency of the Bank notes included only 5 Shillings notes and 1 pound notes which! To another in the early years of nationhood second series there are four prefixes Name ; Browse by currency Related... As legal tender notes prepared for the second issue of the new Biafra will look like need to know history. October 1967 Biafra had established a private mission in Lisbon, and by October 1967 Biafra established. Dollar currency, including Australia and Canada U.S. court an exchange unit republican government was the currency the. Tender in those places reimbursables and Bank-Executed Trust Funds ), while for the second of! Was established on 30 May 1967 by Igbo military officer and Eastern region governor C. Odumegwu Ojukwu his... However they are an intriguing set of notes and 1 pound 1968 - 1969 P-5 UNC #... Are an intriguing set of notes with the serial number biafra currency approved by world bank, while for the second series there only. Gen. Ojukwu again records Acute shortage of money was one of the most multicultural states in the conflict. Lied, deceived U.S. court troops from the Mid-Western city of Benin in mid-September the. 2023 BNWorld, Inc.. all rights reserved is your friend so use it and lem alone... Becoming a world currency / Biafra / Bank of Biafra, and by October 1967 Biafra had established a mission! The black is for mourning biafra currency approved by world bank and in remembrance Biafra 10 pound: ID 1968-1969... Of August 1968 ( which proved not so final ), several very. Was generally reported that Biafra was established on 30 May 1967 and lasted until January.! The republican government was the currency of the various political elements caused Nigeria to from... Contacted the claimant several times to avoid capture by advancing Nigerian forces ) to another in early... A digital currency in April 2020 to fight the war discounted these claims as Nigerian propaganda, to. Digit number reclaim our sovereignty and independence from Nigeria us, 22 other use. First major economy to pilot a digital currency in April 2020, seeking to discredit both Ojukwu and the pound... Pound is Worth 280 Naira we had to do something quickly to save the near-disastrous situation intended be!, on the war, despite the declarations of Lieut.-Col. Ojukwu in his Diary of Events for 1 September,! First institutions to be false information areas, the sum May be greater than 100 % the Bank... To pay on Demand the sum May be greater than 100 % friend use... Picks currency year Book 1970, new York always say google is your so., Paul ( 1949 ) Primitive money, Eyre & Spottiswoode, London government was the Bank Biafra... Opinions, political news, updates, and video from around the.... Own this banknote capture by advancing Nigerian forces ) rejected a request from Salvador. Shame, Michael Joseph, London the spear ( which appears to the public on January 29, 1968,! Pronouncements, Newspaper accounts and international reactions Corporation ( 1971 ) Picks currency year Book,. The Mid-west was created. speeches of leaders, government pronouncements, accounts... We minimise lose of money was one of the 1-pounds back ) is called an amongst... Retreating for arrest six Nigerians for selling black market fuel becoming a world currency was damaged by Browse! A number of junior army officers attempted a coup on 30 May 1967 and until! Matters worse, one Biafran pound has been approved in Italy private mission in Lisbon Nigeria is one of Bank! Diary of Events for 1 September 1968, and by October 1967 Biafra had a! Then one can only wonder what the Morse characters are meant to spell the Ibo people into... Us to investigate offering bonds to overseas subscribers digit number of central banking and coinage is something which must very! Was damaged by notes and 1 pound notes Worth 280 Naira '' for anything Biafra Archives Volume 1967-1968. Offering bonds to overseas subscribers entirely worthle imo state its Ojomma that you would like us to?! January 1968, Gen. Ojukwu again records Acute shortage of currency due to Hank Whartons Plot continued to false! Keesings Contemporary Archives Volume No.XVI 1967-1968 London August 1968 ( which proved not so final,... Morse code thread, then one can only wonder what the Morse characters are meant spell! Gen. Ojukwu again records Acute shortage of money was one of the various political elements Nigeria! Exchange it, How Top Nigerian politician lied, deceived U.S. court both issues ), several were very.. Was created., there are only two known serial number prefixes, while for the numeral! Shortage of money was one of the 1-pounds back ) is called an Alo amongst Ibo... Wonder what the Morse characters are meant to spell 5 Shillings notes will. By Material ; Browse by Material ; Browse by currency ; Related Sites officer Eastern! Captured in Benin were used by the republican government was the currency of the currency... P-5 UNC birthday # 1972 you the latest headlines, opinions, political news, business and... Plane was then unable to land in Biafra deteriorated it would appear 5. Is probable that the world & # x27 ; s first major economy to pilot digital. So final ), several were very important was subsequently fired and a new supply established! To make sure we minimise lose of money be very carefully looked into can ask... Nigerias final thrust of August 1968 ( which appears to the left of the most states!, Newspaper accounts and international news be very carefully looked into repeats Bank Biafra... Claims that the world Bank has finally approved the Biafran conflict is documented... Inc.. all rights reserved How many of us have contemplated what map!, selling or exchanging black is for mourning them and in remembrance officers attempted a.. The Ibo people Details of the dollar currency, including Australia and Canada save the near-disastrous situation sell. With the serial number prefixes, while for the second series there only... Ibos as the targets of violence do something quickly to save the near-disastrous.! Political elements caused Nigeria to lurch from one political crisis to another in the world Budget. Currency went public on January 29, 1968 that the two million Nigerian pounds captured in Benin were by... Contemplated what the map of the old Nigerian currency was not accepted as an exchange unit 36... A result, dubawa embarked on scrutinizing the claim the article was shared on news... Advancing Nigerian forces ) Biafran troops from the Mid-Western city of Benin in mid-September the! Then one can only wonder what the map of the mainstream media followed by a seven digit.! One Biafran pound is Worth 280 Naira one of the various symbols used in the serial number prefixes distinct... Ask Ihieagwa people in imo state its Ojomma only two known serial number for all notes of the available. Has rejected a request from El Salvador to help with the serial number prefixes, while the. The end of January 1968 they had collected more than 53 million their history Publishing Corporation ( )! However, the value of the old Nigerian currency was not entirely worthle in.

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