Wednesday, 12 November 2014

President Jonathan unveils N100 commemoration notes today

Nigerian president Jonathan had on Wednesday 12 November 2014 formally unveiled the new N100 commemorative notes at the Presidential Villa, Abuja after it was postponed last week Wednesday due to his travel to Burkina Faso. The note was issued to commemorate the 100 years of the nation’s amalgamation, Mr Emefiele said. Scroll down for more photos...

Vice President Namadi Sambo and the Central Bank of Nigeria’s Governor, Godwin Emefiele, joined the President to unveil the note during the weekly Federal Executive Council meeting.

Mr Emefiel listed some countries that had before now issued currencies to mark epochal events to include Morocco, Russia and Costa Rica among others. He said the new note was produced with what he described as most advanced security features in the world.
  • First banknote using smartphones as identity and security tool for de-encryption of information. 
  • QR Code incorporated to make note digital and store significant information that highlights our 100yr journey. 
  • Retention of Chief Awolowo's portrait-in intaglio, raised embossed line for the visually impaired.
  • Windowed micro-optics features, spark features, money in Manila in a rolling bar.
Jonathan lauded the CBN for coming up with the commemorative note, though it was coming a bit late since activities marking the nation’s centenary had been concluded.

He recalled that commemorative N50 notes were also introduced to mark the nation’s 50th independence anniversary.

Issuance of the new N100 note into circulation starts from December 2014 19th Dec, 2014

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