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Subject

Commodity Money

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Traditional Igbo money: Cowries, manillas, brass rods – uses and value

Before the imposition of the British pound and the modern naira, the Igbo people of Southeastern Nigeria operated within a sophisticated and multifaceted economic system. This system was supported by various forms of “commodity money” that facilitated local trade, regional exchange, and the “commercial empire” of the Niger Delta hinterland. The evolution of Igbo currency…