November 13, 2014 – President Goodluck Ebele Jonathan of Nigeria formally unveiled the redesigned commemorative N100 banknote on Wednesday, November 12, 2014, at the Council Chambers, State House, Abuja.
The commemorative banknote was designed and produced with the most advanced and security technology features with strong resistance to counterfeiting.
“It is meant to be durable, attractive and reflect Nigeria’s collective heritage and memory as a united nation.
“The new banknote retains the portrait of the late sage, Chief Obafemi Awolowo on the front and raised embossed line to assist visually impaired persons in recognizing the face value.
“The back side incorporates Quick Recognition Code (QRC) window, which encrypts significant information that highlight Nigeria’s 100-year journey, thereby making it one of the best smart-connected paper banknote using smartphones as identity and security tool for de-encryption of information”, the CBN said.
In a brief remark at the event, the Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, CON, stated that Central Banks across the globe issue new banknotes mainly to replace or occasionally, to commemorate epochal events.
He noted that the new N100 banknote unveiled today is the second reason—to commemorate 100 years as a single united nation.