Banknote Billet Nigeria 10 naira Alvan Ikoku, membre du conseil africain pour l'éducation 2005

The 10 naira banknote issued by Nigeria in 2005 belongs to Series V of the Nigerian national currency. It is a representative example of the country's monetary policy, highlighting historical and intellectual figures who have contributed to the development of the nation.

The portrait featured on this banknote is that of Alvan Ikoku, a Nigerian personality recognised for his commitment within the African Council on Education. Alvan Ikoku was one of the most influential figures in the field of education in West Africa, actively working towards the development and structuring of teaching systems across the African continent. His effigy on this banknote reflects the desire of the Nigerian monetary authorities to pay tribute to personalities who have left their mark on the intellectual and social history of the country.

This banknote, with a face value of 10 nairas, is part of the tradition of monetary issues in Nigeria, whose national currency, the naira, is managed by the Central Bank of Nigeria. Series V represents one of the successive evolutions in the design and technical characteristics of Nigerian banknotes, incorporating the security standards and iconographic choices specific to this period of issue.

The year of issue 2005 places this banknote in a period of progressive modernisation of Nigerian monetary instruments, during which several series were put into circulation in order to meet the security and durability requirements of fiduciary media.