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Home Nigerian News

CBN releases security features of new naira notes

Nigerian Canadian Newspaper Canada by Nigerian Canadian Newspaper Canada
December 21, 2022
in Nigerian News
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Naira redesign: Finance Minister warns against consequences, says the Ministry was not aware of the plan

In a bid to safeguard Nigerians from falling victim of fake naira notes in circulation, the Central Bank of Nigeria (CBN) has released the security features of the new naira notes.

This was made known in a recent document released by the CBN.

The security features of the new Naira notes reveal 23 features on the N1,000 note, 15 features on the N500 note and 10 features on the N200 note.

The release of the security features has offered relief to many Nigerians who have expressed fear over the counterfeiting of the Naira notes.

According to the apex bank, the naira banknotes are protected by many security features to enable easy recognition of genuine notes.

The unique features that can be recognized by touch and visibility are the raised print, the security thread and the watermark. Also, other areas like the portrait, lettering and the denominational numerals on the obverse and reverse of the notes are embossed.

The raised prints offer tactility, while the security thread, which looks broken but is not when held up against the light, has “CBN” printed in small lettering on both sides of the notes.

Furthermore, the Naira notes are protected against photocopying. There are also features that are visible under ultraviolet light; for instance, the serial number on every banknote is black, but turns green under ultraviolet light.

Check out the security features below:

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