Naira

Word NAIRA
Character 5
Hyphenation N/A
Pronunciations N/A

Definitions and meanings of "Naira"

What do we mean by naira?

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

The basic unit of money in Nigeria noun

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

Synonyms and Antonyms for Naira

  • Synonyms for naira
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  • Antonyms for naira
  • Naira antonyms not found!

The word "naira" in example sentences

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. ❋ Unknown (2008)

But now, some people will make as much as -- it's about 750,000 naira, which is a lot of money. ❋ Unknown (2003)

"For a group like ours, two and a half billion naira, that is actually just about 10% of our cement turnover per month. ❋ Will Connors (2009)

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. ❋ Unknown (2010)

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. ❋ Unknown (2009)

Gas prices more than doubled throughout the country on Monday and continued to inch up to about 140 naira a liter in Lagos, the commercial capital, on Wednesday. ❋ Drew Hinshaw (2012)

Nigeria had been spending about 1.2 trillion naira $7.5 billion a year to maintain the price—money that came directly from its oil earnings, never entered the federal budget andcould have been better used, his aides have argued, for infrastructure improvements on roads and power plants. ❋ Drew Hinshaw (2012)

In a New Year's Day announcement, Nigeria's government said it would scrap a 38-year-old subsidy that had kept motor fuel priced at just 65 naira a liter, or $1.55 a gallon. ❋ Drew Hinshaw (2012)

Nigerian youths should refuse to be agents of thuggery and intimidation for few wads of naira notes at the expense of their future and a better Nigeria. ❋ Unknown (2009)

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. ❋ Unknown (2011)

The girl peeled the crown and discovered the amount of 500,000 naira written on the bottle crown. ❋ Unknown (2010)

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. ❋ Drew Hinshaw (2012)

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. ❋ Drew Hinshaw (2012)

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. ❋ Drew Hinshaw (2012)

Gas prices rose to between 130 and 140 naira a liter on Monday. ❋ Drew Hinshaw (2012)

Crucially, the government wants to remove a fuel subsidy of 1.2 trillion naira, or about $7.6 billion, a year, a move that would be hugely unpopular with the largely impoverished public. ❋ Patrick McGroarty (2011)

Cross Reference for Naira

What does naira mean?

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