President Jonathan To Unveil N100 Centenary Note On Wednesday

President Jonathan To Unveil N100 Centenary Note On Wednesday

By Chidinma Unigwe | Sub Editor on November 4, 2014
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Goodluck Jonathan APC PDP
Goodluck Jonathan, Nigeria's president, pauses during a session on the opening day of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22, 2014. | Chris Ratcliffe/Bloomberg via Getty Images

President Goodluck Jonathan will on Wednesday unveil the specially designed commemorative N100 banknote by the Central Bank of Nigeria.

This development was confirmed through a statement by the Central Bank Of Nigeria in Abuja on Monday, November 3, 2014.

The statement disclosed that the commemorative note was part of the CBN’s contribution towards the Centenary anniversary in accordance with its duty of issuing legal tender currency in the country.

Part of the statement reads, , “The choice of the N100 denomination is to mark the centenary celebration of Nigeria and is consistent with best global practices for Central Banks around the world during the celebration of national events.

“Part of the features of the commemorative banknote is the inscription of the theme of the centenary celebration: ‘One Nigeria, Great Promise’as a micro-text.

“While retaining the portrait of the late Chief Obafemi Awolowo on the front, the new note features Nigerian traditional dancers at the back. The commemorative note comes in different dominant colours.”

Furthermore, additional security features for digital communication, protection against counterfeiting, tolerance to the tropics and ease of recognition of genuineness were all the special features of the commemorative note.

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