naira
IPA: nˈɛrʌ
noun
- The official currency of Nigeria, which replaced the pound in 1973; the principal denomination of the currency, equal to 100 kobo.
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Examples of "naira" in Sentences
- But now, some people will make as much as -- it's about 750,000 naira, which is a lot of money.
- "For a group like ours, two and a half billion naira, that is actually just about 10% of our cement turnover per month.
- 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.
- 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.
- 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.
- 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.
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