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Lesson Notes

Money, Coins and Notes of Nigerian Currency for Primary 1

Primary 1 pupils learn Money, Coins and Notes of Nigerian Currency, follow worked examples and practise accurate problem-solving with objective-aligned checks.

ByPublishedMay 13, 2026Reading5 minComments0

Class: Primary 1
Term: 3rd Term
Week: 9
Age: 6 years
Duration: 45 minutes
Subject: Mathematics
Curriculum Theme: Money
Previous Lesson: Time, Drawing Clock, Indicating a Given Time.
Topic: Money
Subject Matter: Coins and notes of Nigerian currency, Idea of Kobo and Naira, e.g., 100 kobo = 1 Naira

Specific Objectives

By the end of the lesson, pupils should be able to:

Cognitive Domain:

  • Recognize and identify different denominations of Nigerian coins and notes.
  • State the conversion of kobo to naira (100 kobo = 1 Naira).

Affective Domain:

  • Show interest in learning about Nigerian currency.
  • Appreciate the importance of money in daily life.

Psychomotor Domain:

  • Sort Nigerian coins and notes into their correct denominations.
  • Add simple sums of coins using flashcards or real coins.

Social Domain:

  • Work cooperatively with peers to identify and sort different currencies.

Reference Materials

The following resources were used in planning this lesson:

  • 9 Years Basic Education Curriculum
  • State Unified Scheme of Work
  • New General Mathematics for Primary 1

Instructional Materials

The teacher will teach this lesson with the aid of:

  • Flashcards showing different Nigerian coins and notes
  • Real Nigerian coins (e.g., 50 kobo, 1 Naira, 2 Naira)
  • Real Nigerian notes (e.g., 5 Naira, 10 Naira, 20 Naira, 50 Naira) or pictures of them
  • A chart showing the equivalence of 100 kobo = 1 Naira

Rationale for the Lesson

This lesson helps pupils understand Nigerian currency, which is an important part of their daily lives. It enables them to recognize money, perform simple transactions, and develop basic financial literacy skills from a young age.

Prerequisite/Previous Knowledge

Pupils can count numbers up to 100 and identify basic objects.

Lesson Content/Board Summary

Money

Nigerian Currency

Coins of Nigeria

Coins are small, round pieces of metal used as money. Nigerian coins include:

  • 50 Kobo coin
  • 1 Naira coin
  • 2 Naira coin
Notes of Nigeria

Notes are pieces of paper money. Nigerian notes include:

  • 5 Naira note
  • 10 Naira note
  • 20 Naira note
  • 50 Naira note
  • 100 Naira note
  • 200 Naira note
  • 500 Naira note
  • 1000 Naira note

Kobo and Naira Conversion

Understanding Kobo and Naira

Kobo is a smaller unit of Nigerian money, and Naira is a larger unit. We can change Kobo into Naira.

Conversion:

  • 100 kobo = 1 Naira
Adding Coins

We can add the values of different coins to find a total amount.

Example 1: Add a ₦1 coin and a ₦2 coin.

  • Step 1: Identify the coins: ₦1 and ₦2.
  • Step 2: Add their values: 1 + 2 = 3.
  • Step 3: The total is ₦3.

Example 2: Add two 50 kobo coins.

  • Step 1: Identify the coins: 50 kobo and 50 kobo.
  • Step 2: Add their values: 50 + 50 = 100 kobo.
  • Step 3: Since 100 kobo is equal to 1 Naira, the total is ₦1.

Teaching Methods/Instructional Techniques

Discussion, Lecture, Demonstration, Question and Answer, Visual Aids

Instructional Procedures

Step 1: Introduction

Time: 5 minutes
Teaching Skill: Set Induction
Teacher’s Activity: The teacher greets the pupils and asks them if they know what money is and what it is used for. The teacher also shows them some real Nigerian coins and notes.
Pupils’ Activity: Pupils respond to the teacher’s questions and observe the money shown.
Learning Point: Pupils are introduced to the concept of money and its uses.

Step 2: Presentation of Nigerian Coins

Time: 10 minutes
Teaching Skill: Explanation/Demonstration
Teacher’s Activity: The teacher displays flashcards and real examples of Nigerian coins (50 kobo, 1 Naira, 2 Naira). The teacher explains the value of each coin and helps pupils identify them.
Pupils’ Activity: Pupils identify the coins and repeat their names and values after the teacher.
Learning Point: Pupils learn to recognize and name Nigerian coins and their values.

Step 3: Presentation of Nigerian Notes

Time: 10 minutes
Teaching Skill: Explanation/Demonstration
Teacher’s Activity: The teacher displays flashcards and real examples or pictures of Nigerian notes (e.g., 5 Naira, 10 Naira, 20 Naira, 50 Naira). The teacher explains the value of each note.
Pupils’ Activity: Pupils identify the notes and state their names and values.
Learning Point: Pupils learn to recognize and name Nigerian notes and their values.

Step 4: Idea of Kobo and Naira Conversion

Time: 5 minutes
Teaching Skill: Explanation
Teacher’s Activity: The teacher explains that Kobo and Naira are units of Nigerian money. The teacher introduces the conversion: 100 kobo makes 1 Naira, using a chart or visual aid.
Pupils’ Activity: Pupils listen and repeat the conversion: “100 kobo equals 1 Naira.”
Learning Point: Pupils understand the relationship between Kobo and Naira.

Step 5: Sorting Coins and Notes Activity

Time: 5 minutes
Teaching Skill: Practical Activity
Teacher’s Activity: The teacher distributes mixed collections of play money (coins and notes) to small groups and instructs them to sort them by denomination.
Pupils’ Activity: Pupils work in groups to sort the coins and notes into their correct categories.
Learning Point: Pupils practice identifying and categorizing different denominations.

Step 6: Adding Coins

Time: 5 minutes
Teaching Skill: Demonstration/Practice
Teacher’s Activity: The teacher uses flashcards to demonstrate simple addition of coins, such as ₦1 + ₦2 or 50 kobo + 50 kobo. Pupils are guided to practice similar additions.
Pupils’ Activity: Pupils follow the teacher’s examples and practice adding coins.
Learning Point: Pupils learn to perform simple addition of money.

Step 7: Evaluation/Review

Time: 5 minutes
Teaching Skill: Questioning/Assessment
Teacher’s Activity: The teacher evaluates the learning by asking the following questions:

  1. Mention two Nigerian coins you know.
  2. Mention two Nigerian notes you know.
  3. How many kobo make 1 Naira?
  4. If you have a ₦1 coin and a ₦2 coin, how much money do you have in total?

Pupils’ Activity: Pupils answer orally and in writing.

Learning Point: Pupils demonstrate understanding of the lesson.

Step 8: Conclusion

Time: 0 minutes
Teaching Skill: Summarization
Teacher’s Activity: The teacher summarizes the lesson by reminding pupils about the different Nigerian coins and notes and that 100 kobo makes 1 Naira. The teacher assigns homework.
Pupils’ Activity: Pupils listen and copy the homework.
Learning Point: The lesson is reinforced, and homework is noted.

Home Task: Solve two new exercises on Money. Show each step and check each answer.

Lesson Keywords

  • Naira – The main currency of Nigeria.
  • Kobo – A smaller unit of Nigerian currency, with 100 kobo making 1 Naira.
  • Coins – Small, round pieces of metal used as money.
  • Notes – Pieces of paper money.
  • Denomination – The specific value of a coin or note (e.g., ₦5, ₦10, 50 kobo).

Differentiation

For pupils who are struggling, the teacher will provide more one-on-one guidance and use larger, more distinct visual aids for coin and note recognition. Advanced pupils will be challenged with slightly more complex coin additions or asked to identify higher denominations of notes.

Note for teachers using this lesson plan

Ensure you have actual Nigerian coins and notes (or clear, large pictures) for demonstration and hands-on activities. Encourage pupils to handle the money carefully and return it. Emphasize the practical use of money in everyday transactions to make the lesson relatable.

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Money, Coins and Notes of Nigerian Currency for Primary 1
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