By Chrysanthus Ikeh
The new digital note was unveiled by the President, Goodluck Jonathan alongside CBN governor, Godwin Emefiele on Wednesday, November 12, 2014, during the week’s Federal Executive Council meeting at Aso Rock Villa, Abuja.
Explaining the features of the new banknote, Emefiele said: ‘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.’
He also noted that in the process of producing the new note, the following was taken into consideration.
‘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.’
The front side of the paper note has a public authentication features, window micro-optics, showing the national flag and numeral 100 indicating the value of the denomination and the attainment of the centenary period while the back note is a spark feature of a rolling manilla bar which was the instrument used during the slave trade era with a portrait of late Chief Obafemi Awolowo retained both in the ink, that is the interglow level, as a portrait and also in a paper as a shadow image.
According to reports, there will be a publication of the commemorative N100 bank note to be sent by the CBN to commercial banks, chamber of commerce, Nigeria Police force, cash in transit companies and others on Wednesday, November 26, 2014.
