Money Mastery Challenge (Nigeria Currency denominations))

What is Money?

• Money means an item of exchange

• educational instrument used to buy goods and services

• What people used to buy goods and services

• Cowries, salt, gold, bottles and beads

When was Naira and Kobo officially introduced in Nigeria?

• 1st of January 1973

• 16th of January 1973

• 1st of Aril 1973

• 17th of July 1973

Before money was introduced in Nigeria, How did Nigerians buy things from one another

• Cowries

• Salt

• cow skin

• Gold

• Shoes

The Nigerian coins also called 'kobo'. Include the following

• ₦1

• ₦2

• ₦3

• ₦4

• 50K

The Nigerian bank Notes also called 'Paper Money'. Includes the following

• ₦5

• ₦200

• ₦500

• ₦100

• ₦2

Another word for Bargaining is ?

• Pricing

• buying wisely

• Price discussion

• Negote

What currency is this called?

• US dollars

• Canadian dollars

• Australian dollars

• Kenyan dollars

What is the sum of four 2-Naira coins. Write only your answer

(a)  

The sum of the two coins above is ?

• ₦2.50k

• ₦250k

• 2.50k

• ₦2.50

The sum of the coins above is ?

• ₦3.50k

• ₦3.50

• ₦350k