Hot Stories

Priest Dies After Giant Cross Falls on Him During Live Church Service

Ronaldo Gets 30 Day Ban for Walking Out on Portugal

Kenyan Pastor Convicted After Hundreds of Children, Others Found Dead in Shakahola Forest

JAMB Gives Candidates Another Chance to Correct NIN Details

3 Men in Court Over N18.2m Tunde Ednut Identity Scam

10-Year-Old Twins Set to Unveil Their First Book in Lagos

Osun Brings Back Weekly Sanitation Exercise Every Thursday

Global Expectation Soars as Healing Streams Returns for Final 2026 Edition

Woman Admits Knowing Ex-Boyfriend Was an Armed Robber After Arrest

Lagos Announces Independence Bridge Closure for Weekend Repairs

President Tinubu Sparks Reactions After Calling Himself Governor at APC Event

Tinubu Tells Judges to Stop Powerful People From Delaying Corruption Cases

Girl Wakes Up in Her Coffin During Her Own Funeral

KACRAN Urges INEC to Extend PVC Collection Deadline by One Week

Atiku Promises Nigerians Cheaper Living and Better Security If Elected

Pope Leo XIV Brother Battles Cancer as Family Faces Double Health Crisis

OpenAI Engineer Arrested After Secret Recording Device Discovery

Air India Flight Diverted After Shocking Security Scare

Kano Tailor Tries to Sew for 120 Hours to Break World Record

FG Says It Is Not Sorry for Changing Coastal Highway Plan as Critics Complain

Checkout This Throwback Photo of CBN Staff Setting Value of Naira in Lagos in 1987

Posted by George on Wed 18th Nov, 2015 - tori.ng

This is a photo of some members of staff of the apex bank in Nigeria working meticulously to set the value of the Naira 28 years ago.

CBN workers putting heads together

The devaluation of the naira by the Central Bank of Nigeria, CBN used to take a couple of rigorous procedures in the past which are synonymous to the class-room activities but technology today has changed the procedures. The picture above depicts the mode of operations in the year, 1987.

See what a social media user has to say about the development over time:

"We have come a long way as a country.When you see some of the things that happened in the past,you begin to ask yourselves questions like so we were like this as a country before.Check out this throwback picture of staff of Central Bank of Nigeria (CBN) setting the value of the Naira in a weekly session in 1987.Compare it with how CBN set the value of naira now"