CBN orders banks to initiate issuance of Centenary N100 note

National Bank of Nigeria (CBN) Thursday said that the dedicatory centennial notes will be circulated from Friday.

In an announcement issued Thursday, the CBN said, "The dedicatory N100 banknote as unveiled by the President, Dr. Goodluck Ebele Jonathan, goes into dissemination on Friday, December 19, 2014.

Likewise, all branches of the Bank have been coordinated to initiate issuance of the cash in their individual areas.

The dedicatory note will course close by the current N 100 note.

The note, which is inserted with gimmicks to help the outwardly hindered perceive veritable notes, likewise has other security offers effectively identifiable through look, feel and tilt of the cash note.

It will be reviewed that the CBN Governor, at the revealing of the new banknote, clarified that the new note was planned with improved security to offer powerful safety against falsifying.

Verification peculiarities of the note incorporate window micro-optics, demonstrating the national banner and numeral 100 showing the estimation of the section and the accomplishment of the centennial period.

The new plan holds the representation of Chief Obafemi Awolowo both in the ink, that is the interglow level, as a picture furthermore in a paper as a shadow picture. Furthermore, there is a sparkle peculiarity of a moving manila bar, which was the instrument of exchange amid the slave exchange period.

At the rear of the coin is the presented Quick Response Code, QRC, an advanced correspondence emphasize that highlights and sources all the data about the century.

With the QRC application, the standardized tag on the banknote can be checked by clients to peruse a short history of Nigeria. It will be reviewed that the Bank, in 2010, issued memorial N50 polymer note to commemorate Nigeria's 50th Independence Anniversary festival."

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