Nigerian new currency note

You're referring to the new Nigerian currency notes!

As of 2023, the Central Bank of Nigeria (CBN) has introduced new banknotes in denominations of N200, N500, and N1,000. These notes feature enhanced security features and are designed to be more durable and resistant to wear and tear.

Here are some key features of the new Nigerian currency notes:

  1. N200 note: The N200 note features a portrait of Dora Akunyili, a renowned Nigerian pharmacist and former Director-General of the National Agency for Food and Drug Administration and Control (NAFDAC). The note has a blue color scheme and a windowed security thread.
  2. N500 note: The N500 note features a portrait of Muhammadu Buhari, the current President of Nigeria. The note has a purple color scheme and a hologram stripe that changes from "500" to "N500" when tilted.
  3. N1,000 note: The N1,000 note features a portrait of Obafemi Awolowo, a Nigerian statesman and former Premier of the Western Region. The note has a brown color scheme and a 3D security ribbon that features the image of the Nigerian coat of arms.

These new notes are designed to be more difficult to counterfeit and to reduce the circulation of counterfeit currency in Nigeria. They also feature enhanced security features, such as watermarks, security threads, and holograms, to make them more difficult to reproduce.

It's worth noting that the old N200, N500, and N1,000 notes are still valid and can be used for transactions, but the CBN has encouraged banks and financial institutions to accept the new notes as well.