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Naira

noun

Definitions

Noun
  1. 1
    The official currency of Nigeria. Equal to 100 kobo. (The naira replaced the pound in 1973.)

    ""We will not tolerate this. We gave them enough time to purchase helmets. Six months ago the price of helmets was below 800 naira so complaints about non-availability and high prices are no excuse," he told Reuters."

  2. 2
    the basic unit of money in Nigeria wordnet

Etymology

A contraction of Nigeria, coined by Federal Commissioner for Finance Obafemi Awolowo.

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