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Home News

Ink Stains From New Naira Notes Are Security Features – Minting Company

by ReportersAtLarge
January 9, 2023
in News
Reading Time: 1 min read
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New Naira Notes
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Nigerian Security Printing and Minting (NSPM) has revealed that the ink stains on the newly designed naira notes are security features that will enable Nigerians to easily identify fake naira notes.

The NSPM’s Managing Director, Ahmed Halilu, disclosed this in a statement on Friday in response to Nigerians’ concerns about the quality of the newly designed naira notes.

He confirmed that the ink-staining naira notes were made of the same materials as the old ones and went through the same printing and finishing processes.

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Mr Halilu asserts that the new naira notes’ ability to leave intaglio ink traces when rubbed on completely white surfaces is a security feature that makes it simple to spot counterfeit money.

“The second stage of currency printing (intaglio) requires a heavy deposit of special inks with fairly large particles to give a tactile feeling of the portraits as well as other raised prints by way of design,” the NSPM MD said.

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“One of the properties of intaglio inks is non-solubility in water and ease of transfer (light stain) on plain white materials owing to the size of the particles. This is generally a security feature of all banknotes that easily differentiates them from forged or counterfeit notes,” he added.

His remark comes as Nigerians continue to voice concern about the new naira notes’ durability.

Tags: Ahmed HaliluBREAKING NEWSNairaNigerian Security Printing and Minting
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Reporters At Large is the world’s fastest-growing online news platform and public service broadcaster. We’re impartial and independent, and every day we create distinctive, world-class programmes and content which inform, educate and entertain millions of people in Nigeria and around the world.

With a high level of professionalism, fairness, objectivity, accuracy and speed, we publish Breaking News Nigeria Today Headlines and International news on Politics, Tourism and Travel, Entertainment, Sports, Business Lifestyle and Sports.

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