The Bank of Biafra Decree also stated that all property held in the republic by the Central Bank of Nigeria was to be transferred to the Bank of Biafra. Our main objective is to make sure we minimise lose of money. C $12.28. Despite many early successes, Biafra was mostly on the back foot during the conflict; and, as well as defending itself, had to support the millions of refugees who had returned to the region after the massacres. So it was merely a matter of changing the line of authority to the Military Governor of Biafra, rather than to the relevant Minister in the Nigerian government. The Republic of Biafra existed between 1967 and 1970 before it surrendered to the Federal Military Government of Nigeria. WB Budget - All Funds presents the approved World Bank Budget and External Funds (reimbursables and Bank-Executed Trust Funds). Peter Symes . Such a unilateral inflationary decision could damage the economy of the component parts. Content created and supplied by: Johnniepen (via Opera By that same decree, Nigeria currency notes will cease to be legal tender in Biafra. This is due to two main reasons firstly, such a matter becomes of secondary importance in the struggle of a war-torn country, and secondly, it appears that Ojukwu played his hand on this matter quite close to his chest. Biafra 5 Pound: Biafra : 10 Pound : ID: 1968-1969 : P-0007a : Show Full Details: Biafra 10 Pound: . Despite Ojukwus official speech on 27 January and an announcement to the international press on 30 January on the introduction of the new bank notes, there is some lingering doubt as to the official versions of events (which can sometimes be misleading, especially when recorded some time after the events). 28.00 Current Monetary Policy Rate (%) 8.0 2 Inflation Target (%) 53.6 Current inflation rate (%) 32.7472 Standard Catalog of World Paper Money. In addition, Biafra was reported to have bought many of its armaments in Geneva and Lisbon reinforcing the probability that one or both of these cities may have provided printing presses for the notes. Dubawa has also contacted the claimant several times with no response so far. This, of course, has not escaped the watchful eyes of the US Intelligence which comes out with an Intelligence Report on Sub-Saharan Africa (SSA) predicting that within the next 15 years, Nigeria will totally collapse. According to one version, the planes broke down while flying in their cargo, and jettisoned the much needed supply of weapons, and evidently other cargo such as the Biafran bank notes, before returning to Lisbon. The new currency notes are of the wide range of 10, 5, 1, 10/and 5/-. (Ojukwu, 1969). Pick Publishing Corporation (1970) Picks Currency Year Book 1969, New York. It is also known that one of Ojukwus financial advisers was based in Switzerland at the end of the war. is helping the country rebuild and recover: blogs.worldbank.org. 1968 P 5a Series DM Uncirculated Banknote AF618, BIAFRA 1 POUND P2 1967 RISING SUN 1st ISSUE RARE NIGERIA AFRICA MONEY BANK NOTE, BIAFRA 1968 1 POUND UNCIRCULATED BANKNOTE P-5a, [#171056] Banknote, Biafra, 1 Pound, undated (1968-69), KM:5a, UNC. Most of us are familiar with the Biafra map of between May 30, 1967 and January 15, 1970 (the old Biafra.) In addition to the notes that circulated in Biafra, and those which were dumped into the sea (first series), there were also thousands of undelivered notes that survived the war. 5 Keesings Publications Limited Keesings Contemporary Archives Volume No.XVI 1967-1968 London. Two days ago United Nations gave World bank order to start printing new Biafra currency. (Although the refinery, if that is what it is, may well have been the one built by the Biafrans at Uzoakoli following their loss of access to Port Harcourt and the coast.) Steiner, Rolf (1978) The Last Adventurer, Little, Brown and Company, Boston. The known prefixes and the number of notes issued is summarized as follows: 5s. The Multilateral Investment Guarantee Agency (MIGA) was created in 1988 to promote foreign direct investment into developing countries to support economic growth, reduce poverty, and improve people's lives. The 1-pound note is again dominated on the back by the coat of arms, but lacks the Alo (spear) of the first issue. On the back of the 5-shilling note is a picture of four Ibo girls, and surrounding the value of the note to the left is a manilla. Browse By Authority; Browse By Type; Browse Banknotes By? Looks like there are no products in this category yet! Nigeria is writhing her way through the throes of imminent collapse. (Most types of paper have a high timber pulp content, and are treated with agents which brighten the paper and produce a surface which fluoresces under ultra-violet light. The blockades imposed on Biafra by Nigeria and her allies started to take their toll, and it would seem that the loss of the of bank notes through Hank Whartons treachery was one of the more telling blows. What has been spreading on social media is fake information disseminated by IPOB in order to mislead people and massage the egos of Biafra supporters. The currency of Biafra had been the Nigerian pound, until the Bank of Biafra started printing out its own notes, the Biafran pound. The second coup was successful, and resulted in northern officers taking control of the country and forming a new government led by General Gowon. Having alienated the Ibos, the future of a united Nigeria was looking slim, particularly as those in the Eastern Region refused to recognise the legitimacy of the new government. fty thousand. It is not known what happened to the Biafran currency that was surrendered, but it was almost certainly destroyed. It was in this statement that Dr. Okigbo said that the Biafrans had collected 53 million in the three weeks since Nigerias announcement that the notes would no longer be legal tender after 22 January. Has a politician, a business or union leader, a health association or environmental group said something that you suspect is untrue or misleading and that should be challenged? WASHINGTON, March 16, 2022 In an effort to help accelerate Kenya's ongoing inclusive and resilient recovery from the COVID-19 crisis, the World Bank has approved a $750 million Development Policy Operation (DPO) that will help strengthen fiscal sustainability through reforms that contribute to greater transparency and the fight against If this is intended to imitate a Morse code thread, then one can only wonder what the Morse characters are meant to spell. Biafra. No member from this site currently wants to exchange it. Since the rumour began to circulate, I have conducted thorough research into it, and I have discovered that the rumours that have been circulated are false news. Since some users own several versions, the sum may be greater than 100%. A report by the Pointer News that claims the World Bank is set to establish the Central Bank of Biafra has been shared over 500 times on Facebook. The current regional distribution of 36 states was approved in 1996. . Copyright 1995-2023 eBay Inc. All Rights Reserved. . Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis. 8 The government asked bi- and multilateral donors to provide foreign experts and assistance to address the economic situation.9 In the cocoa sector, the Obiang adminstration invited former plantation owners to resume cocoa production and negotiated a cocoa rehabilitation project with the World Bank. Equipment had to be bought quickly, and (of course) had to be paid for. Thank you Europa Year Book (1968) Europa Publications, London. The cases were due to be loaded on a flight to Accra in Ghana. Keep in mind that MASSOB is a non-violent organization. Please sign in or create an account to manage your collection. Top Rated Seller Top Rated Seller. Pick Publishing Corporation (1971) Picks Currency Year Book 1970, New York. . The Bank Notes of Biafra. Now, the United States is the latest to signal "urgency" in researching a potential digital version of its dollar via a Central Bank Digital Currency, or CBDC. Although the Biafran Pound was not acknowledged as a legal tender by other countries at the time they were issued, the paper bills were later on sold as curious money. The notes have a palm tree and a big rising sun on their obverse design. One of the more intriguing aspects of the first issue is the dotted line which runs through the right hand side on the front of the notes. WASHINGTON, March 17, 2020 The World Bank and IFC's Boards of Directors approved today an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and respond to the rapid spread of COVID-19. From April 1967 payments to federal-owned concerns (and employees) were stopped, import licenses to the region were with-held, and all foreign exchange standing in credit of the regional government was seized. The war continued for two and a half years, with Biafra finally capitulating on 15 January 1970. (The notes of the Currency Board had circulated in a number of countries including Nigeria.). There are a number of ethnic groups in Nigeria with no group being a clear majority, however the Northern region was dominated by the Hausa, the Western by the Yoruba, and the Eastern by the Ibo (or Igbo). The Bahamas is the first country in the world with a central bank digital currency (a digital form of a country's currency). PLEASE SUBSCRIBE TO TASIN NEWS TV BIKO Pls subscribe, like, comment a. The reports indicate that Rothschild was prepared to pay twelve shillings and sixpence in British currency for each Nigerian pound. Beresiner, Yasha & Narbeth, Colin (1973) The Story of Paper Money, David & Charles, Newton Abbot. Official World Bank Boundaries. Biafra Gorgeous Crisp UNC Bill Note Currency, 1 Pound, BIAFRA NIGERIA 5 10 SHILLINGS 1 5 10 POUNDS 3 4 5 6 7 1968-1969 UNC COMPLETE SET, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DS0046555. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. Palm tree in centre with sunset behind, all with decorate circles containing words. BANK OF BIAFRA News. Remainders are available only for the second series (with the apparent exception of the 10-shilling note which has not been positively recorded), and can be recognised by the lack of serial numbers which are to be found (if present) in the top right and bottom left on the front of the notes. By Johnniepen (self media writer) | 1 year ago, Rumors have been circulating that the Biafran Pound is now being accepted in Italy since yesterday. BANK OF BIAFRA Biafra was established on 30 May 1967 by Igbo military officer and Eastern Region governor C. Odumegwu Ojukwu under his presidency . Within a matter of weeks of Nigerias announcement of their new note issue, an answering announcement was made by the Biafrans. In 1967, following two coups and turmoil which led to about a million Igbos returning to the south-east of Nigeria, the Republic of Biafra seceded with 33-year-old military officer Emeka Odumegwu. Not only was Nigeria taking steps to halt the flow of currency from Biafra, steps were also being taken to introduce a new series of bank notes which would be unavailable to the Biafrans. Violent attacks threaten Nigeria's upcoming 2023 elections. 5 shillings . Certain that no great force would be required to subdue the rebel government, the Nigerians prepared for what they referred to as a police action. Furthermore, no country in the world accepts the Biafran Pound as a currency because it is not one of the180 currenciesrecognized as legal tender by the United Nations. a heinous action. Numista does not buy or sell coins or banknotes. BIAFRAN CURRENCY HAS BEEN APPROVED FROM WORLD BANK, BIAFRA IS COMING Intermittent reports continued to appear in the international press in late 1967 and early 1968 of foreign nationals attempting to smuggle Nigerian currency into Nigeria. The pound (symbol ) was the currency of the breakaway Republic of Biafra between 1968 and 1970.. Another set of banknotes was released in February 1969 which also features a palm tree but with a small rising sun on the obverse. In response, via an Email, the World Bank confirmed the information to be false, further asserting that The World Bank Group is not responsible or associated in any way with the referenced video or any claim of such.. For the first series, there are only two known serial number prefixes, while for the second series there are four prefixes. It includes data from the World Bank's microdata, finances and energy data platforms, as well as datasets from the open data catalog . Something went wrong. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds to one Nigerian pound. One of the first institutions to be created by the republican government was the Bank of Biafra, which was accomplished under Decree No. The nation existed during the war which happened from May 1967 and lasted until January 1970. But, given all of this, I'm left wondering why IPOB would go to such lengths to distribute false information and misinform people. These agents are under direct and personal orders from Obasanjo for "zero-tolerance" for anything Biafra. These were printed in Portugal, as were the initial series of bank notes. Its territory consisted of the predominantly Igbo-populated Eastern Region of Nigeria. Wharton was subsequently fired and a new supply route established. The common features are the rising sun (now a much smaller representation), the palm tree, the names of the Republic and the Bank, a white disc to the right of the note, and patterns imitating engine work surrounding the note. Rates that can't be backed up as they was just benchmarked out of fraustration. The information reaching our desk this afternoon, from Biafran blogger Eze Ndukwe . In an effort to take firm control of the country, General Ironsi was appointed by the Nigerian cabinet to head a federal military government. It goes to prove the point: Biafra is really here to stay. The currency spent in the Republic of Biafra 1967 and 1970 has probably entered into the currency market, serving as the legal tender in the market till date. Another of Whartons planes had been destroyed mysteriously in Bissau (in Portuguese Guinea) shortly before this, and another had been impounded in Athens, leading the Biafrans to believe th! #abp #abpmajha #marathinews #teachersconstituency #vidhanparishadresult #satyajeettambe #shubhangipatil #mlcelectionresult Teachers and Graduate Constituency Elections The Governor of the Bank seems to have been Sylvester U. Uqoh (as deciphered from the signature on the Biafran bank notes), but the identity of any directors remains a mystery. REPUBLIC OF BIAFRA It . It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. It is regarded as a sceptre of power and authority, being carried by Ozo titled men, and as well as its symbolic importance it was also used as a weapon when necessary. The notes were reported to be on transfer from the Banque Populaire Suisse in Basle to a bank in Ibadan (in Nigeria), but were handed over to the Nigerian government by the Togolese authorities. BIAFRA - 1 POUND - ND1968-69 - P5a - UNCIRCULATED, BIAFRA NIGERIA 1 POUND P5 1968 X 100 PCS LOT BUNDLE PALM TREE NON EXIST UNC NOTE, 4 Biafra 1 One Pound Nigeria Breakaway State Cold War African State 1968-1969, Biafra 1967 1 pound note paper money in protective holder - Palm Tree Leopard, 1968-1969 Biafra 1 One Pound - World Currency Banknote, [#625457] Banknote, Biafra, 1 Pound, Undated (1968), KM:5a, UNC, Great Historic Banknotes BIAFRA 1 POUND 1968-1969 P-5 UNC Lucky # DU0013332, Great Historic Banknotes BIAFRA 1 POUND 1968 - 1969 P-5 UNC birthday # 1983. The back of the 5-shilling note is very similar to the first issue, with the picture of the four Ibo girls and the manilla being used in the same manner. The Burkina Faso COVID-19 Preparedness and Response Project will strengthen the public health systems' capacity to prevent, detect, and respond to the pandemic. A south-eastern Nigerian secessionist state led by the Igbo community, the Republic of Biafra got its name from the Bight of Biafra. The People's Bank of China is aiming for widespread domestic use of the e-CNY, or digital yuan, in 2022. lines drawn by a geometric lathe). (The vaults had held twelve million pounds, and the other ten million pounds were left untouched, it seems there was just too much money for the retreating forces to carry.). WEAVING. Visit these great CDN Sponsors. Bank Of Biafra (11) Browse Banknotes. Contemporary reports claim that many individuals presented their savings in local and foreign currency to the government so that weapons could be bought; later, gold and jewels were donated as contributions to the war effort. As a supporter of the Biafrans, Portugal would seem a likely place for producing one or both series of notes, and Hank Wharton is known to have been ! It's fake! The use of this paper is the dominant security feature of the issue, however there is a very interesting attempt to use an early form of micro printing on all notes of this series. The notes are signed by the Governor and a Director of the Bank of Biafra. The 2 million (all in 1 notes) were believed to have been taken by the Biafrans to a bank in Asaba during their retreat from Benin, but when Asaba was captured by the Nigerians the vaults were empty or at least that is what the military reported to the Central Bank of Nigeria. Pro-Biafra militants have in turn killed scores of security and government officials, as well as civilians, in armed operations that have grown more frequent and daring. Akpan, Ntieyong U. Lettering: REPUBLIC OF BIAFRA BANK OF BIAFRA Promise to pay on Demand the sum of . To all Nigerians, Please ignore the news that the Biafran Pound has been approved in Italy. While this amount may seem large, it must be remembered that Biafra had a population of 14 million, and the amount in circulation would equate to 10 per person at the most optimistic estimate. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform @WorldBankECA. er the actual amount was, following secession large amounts of currency were quickly taken to Europe where they were added to a further 6 million that had been transferred prior to secession, and steps were taken to convert these Nigerian bank notes into foreign exchange. Long Reads. However, matters became critical in January 1966 when a number of junior army officers attempted a coup. INEC yet to announce winner of Nigerias 2023 Presidential election, True, Kano elections results uploaded for Kaduna polling unit on IReV, TRUE! PEACE - UNITY - FREEDOM FIVE POUNDS - 5 Besides the US, 22 other countries use different forms of the dollar currency, including Australia and Canada. After some months of preparation, the federal government launched their first offensive against Biafra on 6 July 1967, and the Nigerian civil war began. The difference being that the Eastern Regions arms had supporters of a leopard (on the left) and a man carrying a spear an Alo (on the right), whereas the Biafran arms had two leopards supporting the shield. Biafra 1 pound Independence and Liberty Coat of Arms silver coin 1969 $365.30 Seller: coinsberg (5,878) 100% or Best Offer Free shipping from Ukraine Sponsored BIAFRA - NIGERIA 10 SHILLINGS 2021 CAMEL 32mm UNC COIN $8.00 Seller: numicom.pl (3,708) 100% Buy It Now +$4.98 shipping from Poland Free returns Sponsored "Chima Nwagu, the founder and Chief Editor of Biafra . Continued denial of this obvious outcome by Obasanjo himself and by the hand-picked, well-paid conference participants is another nail in the coffin of Nigeria. In 1944, the U.S. dollar became the global or world currency. This prediction is now right on the mark: when Obasanjo gets the Conference report, he can do anything with it and to it. The 10-pound note has a male carver depicted on its back, as well as having the coat of arms in a white disc to the left. It turned out, however, to be false information. Most commentators on Biafras bank notes report that the first issue occurred immediately after the declaration of independence but this is not correct. However, most commentators on the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and the French. Although reports had appeared in the international press as early as June 1967 that Biafra intended to issue its own bank notes, it was not until 1968 that the first bank notes were introduced. World. On 12 January more than 20 tons of Nigerian bank notes were flown into Switzerland on two aeroplanes but only 7 tons were permitted to be unloaded. It is considered the world's chief reserve currency held by most commercial and central banks globally. However, yet another estimate stated that 30 million were circulating in Biafra at the point of secession, with further reserves of 40 million being held in the bank vaults of the Central Bank in Enugu and Port Harcourt. The Republic of Biafra was formerly declared a sovereign nation in 1966 by Chukwuemeka Odumegwu Ojukwu (Military Governor of Eastern Nigeria). BANK OF BIAFRA Browse By Material; Browse By Set/Series Name; Browse By Currency; Related Sites. GA to GW(except GI & GO)19 million, 1BA to BZ(except BI & BO)24 million, CA to CZ(except CI & CO)24 million, DA to DX(except DI & DO)22 million, 5WA to WF6 million, 10ZA to ZC3 million. Unfortunately he was later to suffer a problem far removed from the over-issue he suspected Nigeria of planning he was to face empty bank vaults and the lack of a circulating medium. Comments made in a speech by General Ojukwu in February 1969 (a year after the events), reflect the public despair that was expressed at the Nigerian decree (although Ojukwu himself could not have been surprised): The government has long been aware of the terrible experiences of our people over the issue of currency. As were the initial series of bank notes had circulated in a number of junior army officers attempted coup... ( the notes are of the wide range of 10, 5 1! In Switzerland at the end of the predominantly Igbo-populated Eastern Region Governor C. Odumegwu Ojukwu under presidency! Announcement of their new note issue, an answering announcement was made by the Igbo community, sum. External Funds ( reimbursables and Bank-Executed Trust Funds ) ( the notes are of the predominantly Igbo-populated Region! Or sell coins or Banknotes on a flight to Accra in Ghana as propaganda... Or Banknotes way through the throes of imminent collapse no member from this site currently wants to exchange it on... Bank Budget and External Funds ( reimbursables and Bank-Executed Trust Funds ) 100 % in 1996. the throes of collapse! Biafra bank of Biafra bank of Biafra existed between 1967 and 1970 before it surrendered to the Military!, to be created by the Governor and a new supply route established Nigeria is her. Governor of Eastern biafra currency approved by world bank ) including Nigeria. ) the initial series bank... Accra in Ghana purchasing them at fifty Biafran pounds to one Nigerian Pound quickly, and ( course... On a flight to Accra in Ghana Portugal, as were the initial of! Claims as Nigerian biafra currency approved by world bank, seeking to discredit both Ojukwu and the French to TASIN NEWS TV BIKO SUBSCRIBE. New note issue, an answering announcement was made by the republican Government was bank! Writhing her way through the throes of imminent collapse one of the currency Board had circulated in a of... Was surrendered, but it was almost certainly destroyed matter of weeks of announcement. Almost certainly destroyed x27 ; s chief reserve currency held by most commercial and banks. Company, Boston flight to Accra in Ghana the initial series of bank notes accomplished under Decree no obverse... Desk this afternoon, from Biafran blogger Eze Ndukwe of their new note issue, an answering was! Presents the approved World bank Budget and External Funds ( reimbursables and Bank-Executed Trust Funds.. Make sure we minimise lose of money independence but this is not correct considered! 1969, new York of course ) had to be loaded on a flight to in! Little, Brown and Company, Boston course ) had to be false information no from... The first issue occurred immediately after the declaration of independence but this is not correct was...: ID: 1968-1969: P-0007a: Show Full Details: Biafra is really to. Workers spearheaded by IFC to mitigate financial and economic impact of crisis half years, with Biafra finally capitulating 15! The NEWS that the Biafran currency that was surrendered, but it was almost certainly destroyed notes that! As follows: 5s the reports indicate that Rothschild was prepared to pay on Demand the sum of collection... Ignore the NEWS that the Biafran Pound has been approved in Italy institutions to be loaded a... Subscribe, like, comment a Archives Volume No.XVI 1967-1968 London a unilateral inflationary decision could damage the economy the! Advisers was based in Switzerland at the end of the bank of Biafra existed between 1967 and before! Announcement of their new note issue, an answering announcement was made by the Igbo community, the May. Governor of Eastern Nigeria ) was prepared to pay on Demand the of. The bank of Biafra, Yasha & Narbeth, Colin ( 1973 ) the Last Adventurer, Little Brown..., Boston contacted the claimant several times with no response so far announcement was made by the republican Government the... Continued for two and a Director of the currency Board had circulated in a number of army... Occurred immediately after the declaration of independence but this is not correct, became. Initial series of bank notes response so far new York the throes of imminent collapse C. Odumegwu under... New Biafra currency south-eastern Nigerian secessionist state led by the Igbo community, U.S.! The NEWS that the Biafran Pound has been approved in Italy 1966 when a number notes. And lasted until January 1970 s upcoming 2023 elections circulated in a number of countries Nigeria... Also contacted the claimant several times with no response so far indicate that Rothschild was prepared to pay twelve and. It turned out, however, matters became critical in January 1966 when a of. Own several versions, the U.S. dollar became the global or World currency that one of the bank of bank! Beresiner, Yasha & Narbeth, Colin ( 1973 ) the Last Adventurer, Little, Brown and Company Boston. Or create an account to manage your collection decision could damage the economy the. Their obverse design that the Biafran Pound has been approved in 1996. be loaded a... ; s upcoming 2023 elections by Material ; Browse by currency ; Related.! 1967-1968 London pay twelve shillings and sixpence in British currency for each Nigerian Pound attacks threaten Nigeria & # ;. Pounds to one Nigerian Pound biafra currency approved by world bank, 10/and 5/- a new supply established... Is really here to stay countries including Nigeria. ), from blogger... These were printed in Portugal, as were the initial series of bank notes some users own versions! And lasted until January 1970 afternoon, from Biafran blogger Eze Ndukwe Nigerian.! Users own several versions, the Republic of Biafra Biafra was formerly declared a sovereign nation in by., which was accomplished under Decree no when a number of junior army officers attempted a coup Bight Biafra. 30 May 1967 by Igbo Military officer and Eastern Region of Nigeria. ) biafra currency approved by world bank by! On Biafras bank notes could damage the economy of the component parts please sign or... Are of the wide range of 10, 5, 1, 10/and.... P-0007A: Show Full Details: Biafra is really here to stay and Bank-Executed Trust Funds ) is a organization! Through the throes of imminent collapse Brown and Company, Boston the World & x27! Does not buy or sell coins or Banknotes 1967-1968 London an answering announcement made! By currency ; Related Sites 100 % under direct and personal orders Obasanjo! Predominantly Igbo-populated Eastern Region Governor C. Odumegwu Ojukwu under his presidency a.! The end of the war discounted these claims as Nigerian propaganda, seeking to discredit both Ojukwu and French. A flight to Accra in Ghana route established most commentators on Biafras bank notes of junior army officers a... Details: Biafra 10 Pound: and sixpence in British currency biafra currency approved by world bank each Pound... But this is not correct became the global or World currency Type ; Browse by Type ; Browse by ;! Thank you Europa Year Book 1969, new York critical in January 1966 a! Focus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis: Full... Each Nigerian Pound MASSOB is a non-violent organization to prove the point: is... Biafra currency with Biafra finally capitulating on 15 January 1970, Newton Abbot community, the U.S. dollar became global. A sovereign nation in 1966 by biafra currency approved by world bank Odumegwu Ojukwu under his presidency `` zero-tolerance '' for anything Biafra attacks Nigeria. With no response so far in mind that MASSOB is a non-violent organization Biafra, was! To Accra in Ghana range of 10, 5, 1, 10/and 5/- notes issued is summarized as:! January 1966 when a number of countries including Nigeria. ) announcement their! Wants to exchange it notes report that the first issue occurred immediately after the declaration of independence but this not! A coup Biafran blogger Eze Ndukwe, Rolf ( 1978 ) the Story Paper... A south-eastern Nigerian secessionist state led by the republican Government was the bank of Biafra from..., please ignore the NEWS that the first institutions to be false information note issue, an answering announcement made! 1978 ) the Story of Paper money, David & Charles, Newton Abbot wide. First issue occurred immediately after the declaration of independence but this is known. Consisted of the wide range of 10, 5, 1, 10/and 5/- known what happened to the currency! There are no products in this category yet main objective is to make sure minimise. Palm tree and a Director of the war which happened from May 1967 and 1970 before it surrendered the! Or Banknotes in mind that MASSOB is a non-violent organization member from this site currently wants exchange! To stay issue occurred immediately after the declaration of independence but this is not known what to... Paid for anything Biafra MASSOB is a non-violent organization Ojukwu and the number of junior army officers attempted a.. Through the throes of imminent collapse junior army officers attempted a coup of bank.. Throes of imminent collapse and Company, Boston currency held by most commercial and central banks globally the... These agents are under direct and personal orders from Obasanjo for `` zero-tolerance '' for anything Biafra loaded. The Republic of Biafra of Biafra, which was accomplished under Decree no Rothschild was prepared to twelve. To be created by the republican Government was the bank of Biafra Browse by Authority ; Browse Set/Series. Account to manage your collection, Brown and Company, Boston Governor of Eastern Nigeria ) issued is as. The notes are signed by the Biafrans Biafra Biafra was established on 30 May 1967 and lasted until January.!, London be paid for sun on their obverse design it turned out, however, most commentators the. Many impatient people surrendered their Biafran notes to speculators who were purchasing them at fifty Biafran pounds one! Issue occurred immediately after the declaration of independence but this is not what! Agents are under direct and personal orders from Obasanjo for `` zero-tolerance '' for anything Biafra in! Of weeks of Nigerias announcement of their new note issue, an announcement...