The commemorative N100 banknote recently unveiled by President Goodluck Jonathan would go into circulation on Friday, the Central Bank of Nigeria (CBN) has said.
A statement signed by Ibrahim Mu’azu, Head, Corporate Communications, on Friday in Abuja, revealed that all branches of the bank have been directed to start issuing the currency in their respective locations.
According to the CBN, “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.
The authentication features of the new note includes window micro-optics, showing the national flag and the numeral 100 which indicates the note’s denomination and the attainment of the centenary period.
Users of the note can scan the QRC application, the bar code on the banknote, to read a brief history of Nigeria.
The statement also reads:“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".
Recall that in 2010, a commemorative N50 polymer note was also issued to mark Nigeria’s 50th Independence Anniversary celebration.
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