The Central Bank of Nigeria said that the
commemorative N100 banknote unveiled recently
by the President, Dr. Goodluck Jonathan , is
going into circulation from Friday.
This is contained in a statement signed by
Ibrahim Mu’azu , Head, Corporate
Communications, on Friday in Abuja.
It directed all branches of the bank to commence
issuance of the currency in their respective
locations.
“The commemorative note will circulate
alongside the existing N100 note.
The note, which is embedded with features to
assist the visually impaired recognise genuine
notes, also has other security features easily
identifiable through look, feel and tilt of the
currency note,,” it said.
It recalled that the CBN Governor, Godwin
Emefiele , at the unveiling of the new banknote,
explained that it was designed with enhanced
security to offer robust resistance against
counterfeiting.
It added that the authentication features of the
note included window micro-optics, showing the
national flag and numeral 100 indicating the
value of the denomination and the attainment of
the centenary period.
“The new design retains the portrait of Chief
Obafemi Awolowo both in the ink, that is the
inter-glow level, as a portrait and also in a paper
as a shadow image.
“In addition, there is a spark feature of a rolling
manila bar, which was the instrument of
transaction during the slave trade era.
At the back side of the currency is the introduced
Quick Response Code, (QRC), a digital
communication feature that highlighted and
sourced all the information about the centenary,”
it said .
According to the statement, the QRC application,
the bar code on the banknote, can be scanned by
users to read a brief history of Nigeria.
It recalled that the apex bank, in 2010, issued
commemorative N50 polymer note to mark
Nigeria’s 50th Independence Anniversary
celebration.
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