Nigerian Currencies – Basic 1 Mathematics Lesson Note (Third Term)

NIGERIAN CURRENCIES: Coins

Nigerian Coins:

50 Kobo Coin

• Round and silver colored
• Worth 50 kobo
• Has Nigerian coat of arms

₦1 Coin (One Naira)

• Round and golden colored
• Worth 1 naira = 100 kobo
• Has Nigerian coat of arms

₦2 Coin (Two Naira)

• Round and silver colored
• Worth 2 naira = 200 kobo
• Has Nigerian coat of arms

Exercise 9: Identify these coins:

1. A golden round coin = _____ naira
2. A silver coin worth 50 kobo = _____ kobo
3. A silver coin worth 2 naira = _____ naira

Exercise 10: Match the coin to its value:

• 50 kobo coin → 2 naira
• ₦1 coin → 50 kobo
• ₦2 coin → 1 naira

Exercise 11: True or False:

1. 1 naira = 100 kobo ___
2. 50 kobo coin is golden ___
3. ₦2 coin is worth 200 kobo ___

4. NIGERIAN CURRENCIES: Notes

Nigerian Notes:

₦5 Note (Five Naira)

• Brown colored
• Worth 5 naira

₦10 Note (Ten Naira)

• Red colored
• Worth 10 naira

₦20 Note (Twenty Naira)

• Green colored
• Worth 20 naira

₦50 Note (Fifty Naira)

• Blue colored
• Worth 50 naira

₦100 Note (One Hundred Naira)

• Red colored
• Worth 100 naira

Exercise 12: Name these notes by color:

1. Purple note = ₦___
2. Brown note = ₦___
3. Green note = ₦___
4. Blue note = ₦___
5. Red note = ₦___

Exercise 13: Match the note to its color:

• ₦5 note → Blue
• ₦10 note → Red
• ₦20 note → Purple
• ₦50 note → Green
• ₦100 note → Brown

Exercise 14: Which is worth more?

1. ₦10 note or ₦5 note? ___
2. ₦50 note or ₦20 note? ___
3. ₦100 note or ₦50 note? ___

5. Recognition and value exercises

Exercise 15: Count the total value:

1. Two ₦1 coins = ₦___
2. Three 50 kobo coins = ___ kobo
3. One ₦5 note + One ₦10 note = ₦___
4. Two ₦20 notes = ₦___

Exercise 16: Which can you use to buy? (Items and their prices)

1. A sweet costs ₦2. Use: (₦1 coin/₦5 note) ___
2. A biscuit costs ₦10. Use: (₦5 note/₦10 note) ___
3. A pencil costs ₦50. Use: (₦20 note/₦50 note) ___

Exercise 17: Complete the sentences:

1. I need ___ kobo to make ₦1.
2. The smallest Nigerian coin is ___ kobo.
3. The largest Nigerian note shown is ₦___.
4. ₦2 coin equals ___ kobo.

Exercise 18: Sort from smallest to largest value: Currencies: ₦100 note, 50 kobo coin, ₦5 note, ₦1 coin, ₦20 note

Order: ___, ___, ___, ___, ___

Exercise 19: True or False:

1. ₦50 note is blue colored ___
2. 100 kobo = ₦1 ___
3. ₦20 note is green ___
4. ₦1 coin is silver colored ___
5. ₦100 note is the highest value ___

Exercise 20: Draw or describe:

1. Draw a ₦1 coin: (golden and round)
2. Draw a ₦20 note: (green colored)