Design:
The N100 note is one of the new generation notes of the
Nigerian currency system. The most recent developments in security printing
technology on paper and ink were incorporated in this high denomination.
Relevant printing techniques were employed to produce the intricate designs of
subdued merging colours. The note was introduced in December 1999.
The main feature on the front is the portrait of
Chief Obafemi Awolowo, former
Premier of Western Region.
At the back is the picture of the Zuma Rock - a major landmark in Niger State
in the Northern part of the Federation close the Federal Capital.
Evolution of Departments:At inception, the organisational structure of the CBN was understandably simple consisting of two departments, namely, the General Manager's and the Secretary's Departments, with the appropriate division of labour as then percieved. The General Manager's Department was responsible for all the Department banking, currency issues, debt management and other operational functions of the bank while the Secretary's Department handled the administrative and staff matters, carried out some research into the economic and financial conditions, and collected and analysed relevant statistics for policy formulation.