The Central Bank of Nigeria said that the commemorative
N100 banknote unveiled recently by President 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, Mr. 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.
Source:PM News
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