Definition of naira in English:

naira

noun

  • The basic monetary unit of Nigeria, equal to 100 kobo.

    • ‘The strikers are demanding 7,500 naira as monthly minimum wage but the government has stipulated it only pay the 5,500 naira agreed by the governors of Nigeria's 36 states.’
    • ‘The Nigerian naira recorded its first appreciation of the week, gaining ground against the dollar.’
    • ‘He was a successful businessman who made and invested his money at a time when the naira enjoyed parity with sterling.’
    • ‘The dollar mustered a 0.6% gain against the Nigerian naira and 0.9% rise versus the Uruguay peso, and that was about it.’
    • ‘The Nigerian naira also remains steady despite the strike.’

Origin

Contraction of Nigeria.

Pronunciation

naira

/ˈnīrə/