CBN Set December 19 as the Circulation Date for the New N100 Note

The Central Bank of Nigeria (CBN) has fixed December 19, 2014, to put the new commemorative Hundred Naira (N100) note into circulation.


The Bank said the circulation of the banknote, unveiled by President Goodluck Jonathan on November 12 2014, would be preceded by the launch of “Partnership Programme aimed at Banknote Equipment Manufacturers and other Machine Suppliers” on Wednesday, November 19, 2014. The
Wednesday activity is to enable the Manufacturers and Suppliers to adapt machines and authentication devices for the new banknotes.

The new bank note would be sent to Commercial Banks, Nigeria Police Force, Chambers of Commerce, Professional Associations and Cash-in-Transit companies on November. 26, 2014. Leaflet on the banknote will also be sent to One Thousand (1000) Points of Sales (POS) in the country on December 3, 2014 and visit to the new note on internet on December 10.