New five hundred naira note

The new N500 note!

The Central Bank of Nigeria (CBN) introduced a new N500 note in 2021, featuring a new design and security features. Here are some key details about the new note:

Design:

• The obverse (front) side features a portrait of Dr. Nnamdi Azikiwe, a Nigerian statesman and politician who played a key role in Nigeria's struggle for independence.
• The reverse (back) side features a depiction of the Nigerian coat of arms, which symbolizes the country's unity and diversity.

Security Features:

• The new N500 note has several advanced security features to prevent counterfeiting, including:
  • A transparent window that allows you to see a portion of the note's design.
  • A 3D security thread that glows pink when held under UV light.
  • A unique serial number that is printed in a wavy pattern.
  • A watermark of Dr. Azikiwe's portrait that appears when held against light.
  • A raised print of the Nigerian coat of arms on the back of the note.

Other Features:

• The new N500 note is made of a polymer material, which is more durable and resistant to wear and tear than the previous cotton-based notes.
• The note has a unique serial number and a signature of the CBN Governor.

Overall, the new N500 note is a significant improvement over the previous design, with enhanced security features and a more durable material.