The 20 Naira note has become increasingly rare in circulation, leaving many Nigerians wondering what happened to it.
Once upon a time, the 20 Naira note was everywhere, stuffed in our wallets, exchanged at bus stops, and handed over for street food with ease. But today? It has practically disappeared!
If you’re lucky enough to spot one, hold onto it tightly—it might just belong in a museum soon!
A few years ago, you couldn’t go a day in Nigeria without handling a crisp (or very rumpled) 20 Naira note. It was the go-to cash for small transactions—buying a sachet of water, hopping on a bus, or tipping a street performer. But now, it seems to have vanished.
Inflation: The value of the 20 Naira has dropped so much that it’s rarely enough to buy anything on its own.
Digital Payments: With mobile banking and cashless transactions on the rise, small denominations are being used less and less.
Currency Hoarding: Let’s be real—many Nigerians love keeping “rare” things, and this note is slowly becoming one of them.
At this point, finding a 20 Naira note is like spotting an endangered species. Maybe it’s time we start treating it like the national treasure it has become. Should the Central Bank of Nigeria officially retire it and put it in a historic exhibit?
When was the last time you saw a 20 Naira note in real life? Be honest! Did you spend it immediately, or are you keeping one as a collector’s item? Let us know in the comments!