How can a lay man easily identify an original Naira note or coin without any equipment; there are quite a few counterfeit notes around?
Security features easily noticeable to the public differ from note to note. The most common, however, are the security thread and the watermark. The security thread comes in different forms on different notes. The watermark is a figure or design incorporated into the paper during its manufacture and appearing lighter than the rest of the sheet when viewed in transmitted light. Figures used as watermark on the Naira are the eagle and the bust of Nigeria’s important personalities some of whose pictures appear on the note itself. Coins have latent image (a new security feature for coins) milled or coarse edge.
