The coat of arms of Nigeria has a black shield with two white lines that form in a "Y" shape. The black shield represents Nigeria's fertile soil, while the two horses or chargers on each side represent dignity. The eagle represents strength, while the green and white bands on the top of the shield represent the rich soil.

The red flowers at the base are Costus spectabilis, Nigeria's national flower. This flower was chosen for inclusion in the coat of arms as it is found all over Nigeria and also stand for the beauty of the nation. The white wavy pall represents the Niger and the Benue. On the banderole around the base is Nigeria's national motto since 1978: "Unity and Faith, Peace and Progress" (formerly "Peace, Unity, Freedom").

Face value 25 left of 5 peanuts and a triangle of 94 ovals/bags.

Peanut, also known as groundnut (Arachis hypogaea), is a crop of global importance. It is widely grown in the tropics and subtropics, being important to both smallholder and large commercial producers. World annual production is about 46 million tonnes per year. Very unusually among crop plants, peanut pods develop under the ground.

Peanuts are similar in taste and nutritional profile to tree nuts such as walnuts and almonds, and are often served in similar ways in Western cuisines. The botanical definition of a "nut" is a fruit whose ovary wall becomes very hard at maturity. Using this criterion, the peanut is not a nut, but rather a legume. However, for culinary purposes and in common English language usage, peanuts are usually referred to as nuts.