Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. See Table at currency.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. The official currency of Nigeria, which replaced the pound in 1973; the principal denomination of the currency, equal to 100 kobo.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. the basic unit of money in Nigeria

Etymologies

from The American Heritage® Dictionary of the English Language, 4th Edition

Alteration of Nigeria .

Examples

  • 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.

    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.

    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.

    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.

    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.

    Nigeria Braces for Gas-Price Protests

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

    Nigeria Braces for Gas-Price Protests

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