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N100 denomination goes into circulation

The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going into circulation from yesterday.

This is contained in a statement signed by Ibrahim Mu’azu, Head, Corporate Communications, on Friday in Abuja.

It directed all branches of the bank to commence issuance of the currency in their respective locations.

“The commemorative note will circulate alongside the existing N100 note.

“The note, which is embedded with features to assist the visually impaired recognise genuine notes, also has other security features easily identifiable through look, feel and tilt of the currency note,’’ it said.

It recalled that the CBN Governor, Mr Godwin Emefiele, at the unveiling of the new banknote, explained that it was designed with enhanced security to offer robust resistance against counterfeiting.







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