💥#BOOM INTRODUCTION of the Biafra Pound in Owerri and Uyo 1968. The 'Biafran Pound' was the currency of the breakaway Republic of Biafra between 1968 and 1970. The first notes denominated in 5 shillings and £1 were introduced on January 29, 1968. A series of coins was issued in 1969; 3 pence, 6 pence, 1 shilling, and 2.5 shilling coins were minted, all made of aluminium. | Akaraka Ndigbo
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💥#BOOM INTRODUCTION of the Biafra Pound in Owerri and Uyo 19…
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Do you know ? Biafra had their own real currency. The currency of Biafra had been the Nigerian pound until the Bank of Biafra started printing out its own notes, the Biafran pound. The new currency went public on 28 January 1968, and the Nigerian pound was not accepted as an exchange unit. Look what I saw in my grandpa's box | Biafran Update
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The Biafran pound was introduced in January 1968 as the official currency of the short-lived Republic of Biafra, which sought independence from Nigeria during the Nigerian Civil War (1967–1970). The very first note was denominated in 5 shillings. This introduction was critical for Biafra, as it aimed to establish its own economy separate from Nigeria’s, amidst the heavy blockades and isolation it faced. The Biafran government, through the Bank of Biafra, issued this currency to facilitate trade
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