New naira note

You're referring to the newly redesigned naira note in Nigeria!

The Central Bank of Nigeria (CBN) introduced a new series of naira notes in November 2021, featuring enhanced security features to combat counterfeiting and improve the overall quality of the currency.

Here are some key features of the new naira notes:

  1. New designs: The notes feature new designs, including the national symbols of Nigeria, such as the coat of arms, the national flag, and the national bird (the eagle).
  2. Enhanced security features: The notes have advanced security features, including:
    • Watermark: A transparent image of the national coat of arms or the portrait of a notable Nigerian.
    • Security thread: A thin strip that glows pink when held under UV light.
    • Raised printing: Tactile features that can be felt by the fingertips.
    • Microprinting: Tiny text that is difficult to reproduce.
    • Color-shifting ink: The colors on the note change when viewed from different angles.
  3. New denominations: The new series includes the following denominations:
    • N50
    • N100
    • N200
    • N500
    • N1,000
  4. Improved durability: The new notes are designed to be more durable and resistant to wear and tear, ensuring they remain in good condition for a longer period.

The introduction of the new naira notes aims to improve the efficiency of the Nigerian economy, reduce the circulation of counterfeit currency, and enhance the overall quality of the country's currency.