The CBN has released a statement warning the general public to be careful of the money they accept from people. The reason is that they have discovered that there are a lot of fake money in circulation and the country. As the year is coming to an end let's try and not fall victim of receiving fake money in our businesses so it won't affect our next year and it will not land us Into problem.
I also saw this particular news in their official Twitter page. To be honest, I have only come across fake money once and it looks very different from the real money but you’ll only notice if you’re a regular person that usually use money in cash for all of your transactions everyday, maybe as a POS attendant, or a shopkeeper that sells in restaurant or even small kiosk in the market. People are easily scammed with fake money and you won’t notice quick enough until later. So it’s necessary to always be on the alert for fake money at any moment in time.
Everyone using cash should try to squeeze any new notes before putting it in the pocket or wallet.
Avoid collection of big notes in the night also, because then one may not be too conscious of the reality of the notes. Infact shine torch to see the money well!
More tips will be appreciated so we don't fall victim too soon.