Nigeria new money 2023

You're referring to the new Nigerian naira banknotes that were introduced in 2023!

As of 2023, the Central Bank of Nigeria (CBN) has introduced new naira banknotes in denominations of N200, N500, and N1,000. These new notes are designed to be more secure and feature advanced security features to prevent counterfeiting.

Here are some key features of the new Nigerian naira banknotes:

  1. N200: The new N200 note features a portrait of Dr. Nnamdi Azikiwe, a Nigerian statesman and philosopher, on the obverse (front side). The reverse (back side) features a collage of Nigerian cultural icons, including the Adire cloth, the Yoruba bronze head, and the Nok terracotta head.
  2. N500: The new N500 note features a portrait of Dr. Chukwuemeka Odumegwu Ojukwu, a Nigerian statesman and leader of the Biafran secessionist movement, on the obverse. The reverse features a collage of Nigerian agricultural and industrial icons, including a cocoa tree, a palm tree, and a steel rolling mill.
  3. N1,000: The new N1,000 note features a portrait of Dr. Muhammadu Buhari, the current President of Nigeria, on the obverse. The reverse features a collage of Nigerian natural and cultural icons, including a giraffe, a lion, and a traditional Nigerian drum.

These new banknotes are designed to be more durable and resistant to wear and tear, and they feature advanced security features such as:

The introduction of these new banknotes is part of the CBN's efforts to improve the security and efficiency of the Nigerian financial system.