Naira (NGN; symbol ₦) = 100 kobo. Notes are in denominations of ₦500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of ₦1 and kobo 25, 10, 5 and 1.
Nigeria is a federal republic modeled after the United States, with executive power exercised by the president. The government of Nigeria is also influenced by the Westminster System model in the composition and management of the upper and lower houses of a bicameral legislature.
From the loud laughter of traffic-choked Lagos to the green-fringed villages that line rivers and streams, Nigeria is one of the most exciting places to visit in Africa.