The Central Bank of Nigeria (CBN) gave a preventative warning encouraging the general population to stay watchful against fake naira notes, especially the higher groups that are at present available for use because of crimes. The bank likewise gave direction on recognizing counterfeit money.
Featuring the security includes, the CBN stressed that veritable naira notes are intended to oppose copying and components apparent under bright light. For example, the chronic numbers on valid notes seem dark yet change to green when presented to bright light.
In spite of the energy to observe the new naira takes note of, the CBN accentuated the significance of careful examination, particularly while managing cash beyond banking establishments. The admonition comes as the CBN got tenable knowledge demonstrating the flow of fake notes in food markets and different business habitats across significant urban areas in Nigeria.
Mrs. Sidi Ali Hamaka, the representative for the summit bank, uncovered in a proclamation on Friday that the CBN is effectively teaming up with significant security and monetary offices to hold onto counterfeit naira banknotes, catch forgers, and seek after legitimate activities against them. The general population is urged to report any people associated with having fake naira notes to the closest police headquarters, a part of the Central Bank of Nigeria, or through contactcbn@cbn.gov.ng.
