Pres. Goodluck Jonathan unveils new N100 note

DigitalSENSE Business News:

President Goodluck Ebele Jonathan on Wednesday, November 12 in Abuja unveiled a new N100 note, reports DigitalSENSE Business News.

The new banknote, DigitalSENSE Business News gathered was produced by the Central Bank of Nigeria (CBN) in commemoration of the nation’s centenary celebration since its amalgamation in 1914.

DigitalSENSE Business News also gathred that the new N100 note was officially unveiled at the Federal Executive Council (FEC) meeting in Abuja by President Goodluck Jonathan.

CBN Governor Mr. Mr. Godwin Emefiele, who made a presentation to FEC before the unveiling noted that the new N100 note was produced with the most advanced technology in the world pointing out that it still retained the picture of late Chief Obafemi Awolowo on the front side.

According to him, the new N100 note has security features against counterfeiting and with special durability and tolerance.

He explained that the Zuma Rock at the back of the current note was substituted for quick response (QR) code, among other pictures.

DigitalSENSE Business News gathered that Mr. Emeifele emphasised that with telephone set and iPad having QR code scanner and the application to be released by the bank, will facilitate scan and read historical facts about the country.

Also speaking, as learnt by DigitalSENSE Business News, the Minister of Finance, Dr. Ngozi Okonjo-Iweala said that the Q.R. code features will be useful for students to catch up with the history of Nigeria.

The new N100 note, DigitalSENSE Business News further gathered, would Friday 19, December 2014, commence the circulation of the new note.

+Remmy Nweke (ITRealms) +Central Bank of Nigeria +President GoodLuck Jonathan
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Pix: Specimen of new N100 note, courtesy of CBN.