About new naira note

You're referring to the newly redesigned Naira notes in Nigeria!

Here are some key points about the new Naira notes:

Redesign: The Central Bank of Nigeria (CBN) introduced new designs for the N200, N500, and N1,000 banknotes in November 2022. The redesign aims to reduce counterfeiting, improve security features, and enhance the aesthetic appeal of the currency.

Security Features: The new notes have enhanced security features, including:

  1. Watermark: A transparent image of the national bird, the eagle, is embedded in the paper.
  2. Security Thread: A thin strip with a unique pattern is woven into the paper.
  3. Raised Printing: Tactile features, such as raised printing, can be felt by the fingertips.
  4. Color-Shifting Ink: The ink changes color when tilted.
  5. Micro-Printing: Tiny text and images are printed on the notes.

Design: The new notes feature:

  1. N200: A portrait of Dr. Nnamdi Azikiwe, a Nigerian statesman and philosopher.
  2. N500: A portrait of Dr. Chukwuemeka Odumegwu Ojukwu, a Nigerian politician and military leader.
  3. N1,000: A portrait of Alhaji Maimuna Shagari, the wife of former President Shehu Shagari.

Availability: The new notes are gradually being introduced into circulation, with the CBN aiming to replace the old notes by June 2023.

Old Notes: The old N200, N500, and N1,000 notes will remain legal tender until the deadline, but it's recommended to exchange them for the new notes to avoid any inconvenience.

Tips:

  1. Verify the authenticity of the new notes by checking for the security features.
  2. Be cautious of counterfeit notes, as they may still be in circulation.
  3. Exchange your old notes for new ones at banks, ATMs, or other authorized outlets.

Remember to stay informed and follow the guidelines provided by the CBN to ensure a smooth transition to the new Naira notes.