Just few days after the Central Bank of Nigeria, CBN, released the redesigned naira notes of N200, N500 and N1,000, denominations, counterfeit copies of the new N1000 naira notes have been released into the economy.
This was disclosed by a Point of Sales (POS) ,in a video trending, said that a customer did transaction through his wife’s Point of Sale (PoS) using the fake copy of the redesigned N1,000.
He showed the difference between the fake and original redesigned N1,000 note.
According to him, the original note has a gold seal at the bottom of the right hand side of the note and the seal cannot be erased when scratched, while the old one doesn’t have a gold seal at the bottom of the right hand side of the note close to the signatures.
Recall that the CBN released the redesigned naira notes on the 15th of December,2022 and the banks are still making payments with the old denominations. They complained that the quantity of the new notes cannot go round the economy. The apex bank said the two currencies both old and new will be used till January 31,2023 when the old notes will be faced out.