naira

• “OKE: It's possible to make a call for just 5 naira, which is about 4 cents, and significantly cheaper than normal cell phone rates.”

  CNN Transcript Mar 8, 2008

• “But now, some people will make as much as -- it's about 750,000 naira, which is a lot of money.”

  CNN Transcript Feb 7, 2003

• “For a group like ours, two and a half billion naira, that is actually just about 10% of our cement turnover per month.”

  The Wall Street Journal: Businessman Criticizes Nigeria's Central Bank for Debtor List

• “He is also credited with the coining of the name "naira" for the country's currency when he was Federal Commissioner of Finance under the Gowon government.”

  Thisday Online

• “The market capitalization is currently hovering around 4.8 trillion naira which is a huge drop from the 12.6 trillion figure of March last year.”

  AllAfrica News: Latest

• “The finance minister, Ngozi Okonjo-Iweala has speculated that the price of a litre of petrol will jump from 65 naira 40 cents to 139 naira a litre.”

  The Guardian: Nigerians are still the most optimistic people in the world. How? | Bim Adewunmi

• “Nigeria had been spending 1.2 trillion naira $7.3 billion a year—about a quarter of all government spending in the 2012 budget—to keep petroleum products within reach of its deeply poor population of 167 million people, said Dimieari Von Kemedi , a private consultant to President Goodluck Jonathan.”

  The Wall Street Journal: Nigeria Braces for Gas-Price Protests

• “President Jonathan has sought to portray his administration as reformist, saying he targeted the subsidy as a step toward securing the 19 trillion naira he said Nigeria needs to spend on infrastructure over the next four years.”

  The Wall Street Journal: Nigeria Braces for Gas-Price Protests

• “On Sunday, Nigeria's government announced an immediate end to a 38-year fuel subsidy that had kept a liter of petrol priced at just 65 naira 40 cents.”

  The Wall Street Journal: Nigeria Braces for Gas-Price Protests

• “Gas prices rose to between 130 and 140 naira a liter on Monday.”

  The Wall Street Journal: Nigeria Braces for Gas-Price Protests

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