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naira
[ nahy-ruh ]
/ ˈnaɪ rə /
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noun
a paper money and monetary unit of Nigeria, equal to 100 kobo: replaced the pound in 1973.
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Words nearby naira
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use naira in a sentence
In other words, the naira has become weaker and more Nigerians use crypto now than before the ban.
What would it take for Nigeria to lift its ban on cryptocurrencies?|Alexander Onukwue|February 9, 2022|QuartzI don’t know if the naira is going to meet up to the dollar anytime soon.
Why 2022 could be a boom year for Nigerian retail investment apps|Alexander Onukwue|January 31, 2022|QuartzEmefiele has enforced strict currency controls and a multiple exchange rate system aimed at stopping the slide of Nigeria’s currency, the naira.
Nowhere is this clearer than in Nigeria, where the central bank is so worried about Nigerians choosing cryptocurrencies over the naira for overseas remittance payments that it is now paying them to use official channels for those transfers instead.
Bitcoin is wooing the millions of workers who send their earnings abroad|Roya Wolverson|March 26, 2021|Quartz
British Dictionary definitions for naira
naira
/ (ˈnaɪrə) /
noun
the standard monetary unit of Nigeria, divided into 100 kobo
Word Origin for naira
C20: altered from Nigeria
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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