Cbn new naira notes

You're referring to the new naira notes introduced by the Central Bank of Nigeria (CBN) in 2023!

Here are some key details about the new naira notes:

Denominations: The new naira notes come in the following denominations:

  1. N200
  2. N500
  3. N1,000

Design: The new notes feature a new design, with enhanced security features to prevent counterfeiting. The notes also have a unique serial number and a 3D security thread.

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

  1. Watermark: A transparent image of the Nigerian coat of arms is embedded in the paper.
  2. Security Thread: A 3D security thread that glows pink when held under UV light.
  3. Micro-Printing: Tiny text and images that are difficult to replicate.
  4. Raised Printing: Raised printing on the notes to give them a tactile feel.
  5. Color-Shifting Ink: The notes have color-shifting ink that changes color when tilted.

Benefits: The introduction of the new naira notes aims to:

  1. Reduce counterfeiting: The enhanced security features make it more difficult to counterfeit the notes.
  2. Improve efficiency: The new notes are designed to be more durable and easier to handle.
  3. Enhance public confidence: The new design and security features are expected to increase public confidence in the currency.

Timeline: The CBN has announced a phased rollout of the new naira notes, with the N200 note being the first to be introduced in December 2023. The N500 and N1,000 notes are expected to be introduced later in 2024.

I hope this information is helpful!