New N100 banknotes are set to enter circulation in December 19, 2014 to mark Nigeria’s 100-year-anniversary, it has been announced.
The announcement was made on Wednesday at its unveiling during the Federal Executive Council, FEC meeting.
Presented by the CBN Governor, Godwin Emefiele, the new note, which retains the portrait of Chief Obafemi Awolowo, and has features for the visually impaired, will be officially issued into circulation on Friday December 19, 2014.
According to the CBN Governor, “We have produced a banknote which is the first of its kind, but most importantly it has been designed and produced with most advanced technologies in the world.
“Durability, to make it tolerant in tropics and in doing that we introduced a two sided interglow barriers, both at the front and the back. We also made the note attractive for public acceptance. Emphasis was also placed on our rich cultural heritage. The note has a transformational character.
“We made provision on the front for the visually impaired individuals in our midst by having a raised and embossed line, it is the first digital banknote in the world,” he said.