naira

[nahy-ruh]

noun

1. a paper money and monetary unit of Nigeria, equal to 100 kobo: replaced the pound in 1973.

naira

/ ˈnaɪrə /

noun

1. the standard monetary unit of Nigeria, divided into 100 kobo

Word History and Origins

Origin of naira¹

C20: altered from _Nigeria

Example Sentences

As part of the reconstruction and recovery activities, Borno has requested an additional 61bn naira to rebuild damaged infrastructure, including bridges, road networks and hospitals.

From BBC

What followed was the declaration of the "naira swap policy" which the Buhari administration announced would, among other things, limit the influence of money in the 2023 elections.

From BBC

"There's a particular brand of food I used to use. It was just about 30,000 naira then. That same brand of dog food is 165,000 naira," he told the BBC.

From BBC

Just three years ago, the exchange rate of the local currency was 500 naira to £1; now it stands at 2,200 naira.

From BBC

As the naira plunged and pump prices increased several times, the government, aware of the potential danger of protests, continued to pipette some medicine to the masses.

From BBC