The Central Bank of Nigeria has made the security features of the newly issued naira notes available to aid in the identification of counterfeit notes as the notes circulate.
Goldennewsng reports that there are 23 security features on the N1,000 note, 15 on the N500 note, and 10 on the N200 note.
Touch, visibility, the security thread, and the watermark are some of the security features that the CBN hopes will make it easier to identify counterfeit notes.
The portrait, lettering, and denominational numerals on the obverse and reverse of the notes are among the other areas embossed.
A fake naira has a soft texture and a dull image. This indicates that during a transaction, one ought to be sensitive to the touch of the banknote.
Additionally, the gold foil on the right side, close to the signature of the CBN governor, must be observed. Applying liquid to the genuine Nigerian naira note makes it easy to distinguish it from counterfeit currency, which can easily change color.
Additionally, all Naira notes have a ribbon-like thread that can be observed and touched to determine whether or not the note is genuine.
On a mercury lamp, one can also put naira notes. As a result of this activity, one is able to observe a number of aspects of the local currency that are not obvious to the naked eye.
The Naira notes are also safe from being copied. Additionally, there are features that can be seen with ultraviolet light; For instance, each banknote’s serial number is black but changes color when exposed to ultraviolet light.
The apex bank advised customers to look for the N1,000 notes’ intaglio raised print, portrait watermark, officially variable ink, kinegram with the N1,000 and Coat of Arms, iridescent band, windowed metallic security thread, and see-through printing in register, among other things.
Security features on the N500 notes include a portrait that has been hand-engraved, a windowed metallic security thread with the CBN inscription, the portrait watermark, the CBN 500 watermark, officially variable ink that changes from blue to green when viewed from a different angle, a silver patch that has an embossed Coat of Arms, see-through printing in register, and raised intaglio print.
There are a number of security features on the N200 notes, including a portrait that has been hand-engraved, a windowed metallic security thread with the CBN inscription, the CBN 200 watermark, the portrait watermark, officially variable ink that changes from blue to green depending on the angle of view, a gold patch with an embossed Coat of Arms, see-through printing in register, and raised intaglio print.