A man has been captured on camera producing counterfeit new naira notes that look exactly like the real currency.
He was seen in a studio-like apartment with two other people making many copies of the note and cutting them to size so that it could pass for the original.
The person who recorded the video showed off a finished sample of the counterfeit and many people would most likely fall victim if it were used for transactions because only an expert can differentiate it from the one produced by CBN.
See the clip below: