Skip to main content
naira

naira

2 8.2
Money used in Nigeria that is equal to 100 kobo
  • noun
  • /ˈnaɪrə/
: naira
  • Findings also indicated that the personal income of most respondents in the two universities was between 10,000 and 19,999 Naira.
  • about 20 naira

Examples

  • You'll collect fifty Naira.

  • We have 11.2 million naira.

  • If you buy something today for ten naira, tomorrow it will go up.

    Academic text (1999)
  • I loaned you 30 million naira over a year ago.

  • One point six million naira, Boro.

  • I'll get you your 200000 naira.

  • Its national currency, the naira, was worth twice as much as the U.S. dollar in the mid-1970s.

    Academic text (1998)
  • But Nigeria has ended up as the world's 13th-poorest nation, with the naira worth about a cent in 1998.

    Academic text (1998)
  • In 1981, the National Minimum Wage Act established a minimum wage of 125 Naira per month for all enterprises employing more than 50 workers.

    Academic text (1994)
  • If you buy something today for ten naira, tomorrow it will go up.

Surface Forms

naira singular
nairas plural

Etymology

Naira comes from the country's name Nigeria, and it was created as a short, simple name for its 'currency'. So Naira is the basic unit of money used in Nigeria.