Step 1: Find the magnetic field due to one coil.
The magnetic field on the axis of a circular coil at a distance \(x\) from its centre is
\[
B
=
\frac{\mu_0NI R^2}
{2(R^2+x^2)^{3/2}}.
\]
Here,
\[
x=\frac{R}{2}.
\]
Hence,
\[
B_1
=
\frac{\mu_0NI R^2}
{2\left(R^2+\dfrac{R^2}{4}\right)^{3/2}}.
\]
Since
\[
R^2+\frac{R^2}{4}
=
\frac{5R^2}{4},
\]
\[
B_1
=
\frac{\mu_0NI R^2}
{2\left(\dfrac{5R^2}{4}\right)^{3/2}}
=
\frac{4\mu_0NI}{5\sqrt5\,R}.
\]
Step 2: Find the resultant magnetic field.
The fields due to the two identical coils are in the same direction at the midpoint.
Therefore,
\[
B
=
2B_1
=
2\left(\frac{4\mu_0NI}{5\sqrt5\,R}\right).
\]
Hence,
\[
B
=
\frac{8\mu_0NI}{5\sqrt5\,R}.
\]
Step 3: Write the answer.
Therefore,
\[
\boxed{
\frac{8\mu_0NI}{5\sqrt5\,R}
}.
\]
Thus,
\[
\boxed{(C)}
\]
is the correct answer.