We are all vulnerable to this fake money issue as many of us can not even identify between the real money and the fake one. Even the new redesigned Naira issue alone is enough to mislead one from identify the real Naira from the fake one due to the differences and similarities bestowed on these old and new Naira notes.

For someone like me, who is already used to cashless transactions even in the markets and amongst other small business, I may not be as vulnerable to this issue as someone who's a petty trader that is involved in the exchange of physical cash everyday of their business life. How such people are able to protect themselves and secure their businesses from fake money scam is not something I would know, however my advice for everyone using cash is;

1. Take note of the most obvious features in the cash notes. For instance, if there is a Security Thread embedded in the cash, try and ensure if that is there and if it's a correct match.

2. Try and compare the cash you are suspecting to be fake from the original ones already at your disposal to notice the similarities and the differences.

3. Also observe the color and the printing quality. This is why it will difficult for us to know the originality since the major or let's say the most noticeable difference between the new Naira notes and the old notes is the color. That can easily get you confused and you won't know which is real from that which is fake.

4. Also, try and check the CBN watermark that's printed on the notes, the CBN watermark is most visible when you raise the notes up to the light, so it becomes the shield between your eyes and the notes then you can see the watermark clearly.

These are majorly the ways one can easily differentiate between the fake Naira notes and the original ones. But, sincerely, the government needs to invest more on the regulation of the Naira notes and the discovery and discarding of the fake notes from the public consumption.