Skip to main content

Launching of New N100 Note To hold today


Nigerian President Goodluck Jonathan will on Wednesday launch the newly designed  N100 bank note by the Central Bank of Nigeria (CBN). The money is designed to commemorate the centenary anniversary of Nigeria as one.

A statement by the CBN on Monday in Abuja said that the commemorative note was part of the CBN’s contribution to the Centenary celebration, which is in line with its mandate of issuing legal tender currency in Nigeria.

“The choice of the N100 denomination is to mark the centenary celebration of Nigeria and is consistent with best global practices for Central Banks around the world during the celebration of national events.

“Part of the features of the commemorative banknote is the inscription of the theme of the centenary celebration: ‘One Nigeria, Great Promise as a micro-text.

“While retaining the portrait of the late Chief Obafemi Awolowo on the front, the new note features Nigerian traditional dancers at the back. The commemorative note comes in different dominant colours,”
 the CBN said.

According to the statement, the new note is also designed to incorporate additional security features for digital communication, protection against counterfeiting, tolerance to the tropics and ease of recognition of genuineness.

Comments

Popular posts from this blog

Building Collapse: TB Joshua Compensates Families With N750,000 Each

The General Overseer of the Synagogue, Church Of All Nations, Prophet T.B Joshua has stated through the church spokesperson, Kirsten Nematandani, that the church will be compensating the families of the victims who lost their lives during the collapse of the Church’s guest house on Friday, September 12, 2014 with the sum of  50,000rands  (N750, 000) to each family. According to Kirsten, “The church has pleaded with the Nigerian government to expedite the repatriation process in order for families to bury the deceased with dignity and receive closure. “We have done a full audit of each family’s financial needs and assisted with various household expenses, as many of the deceased were breadwinners.” “The SCOAN church is donating a sum of 50,000 rand to each victim’s family for various expenses”, he said. Recalled that large cross section of those who lost their lives in the incident were South Africans.

Iyanya reacts to MTV Top 20 best Naija songs list

Where's Kukere?  I think Kukure is one of the best songs produced in Nigeria in the last 10 years and should have been on this list...

Wiz Khalifa and Future diss their exes, Amber Rose and Ciara?

Future and Ciara broke up a few months ago, while Wiz and Amber broke up just a few weeks ago and it looks like the newly single men are already dissing their exes. A new diss track was released last night by super music producer Mike Will Made It titled 'P**sy Overrated' featuring Wiz and Future and the rapper and singer took aim at their exes. On the track Wiz spits, “Rich ni**a get you/ he’ll never put nothing above you / every time I see you I don’t never want nothing from you,’ while Ciara's baby daddy Future raps, “You supposed to f*ck me like a star/ girl you know you faking / yo pu**y overrated!” Ouch!