naira

noun

nai·​ra ˈnī-rə How to pronounce naira (audio)
plural nairas or naira
the basic monetary unit of Nigeria see Money Table

Examples of naira in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The government has twice devalued the naira in the past year, trying to enable it to float more freely and attract foreign investment. Ismail Auwal Taiwo Aina, New York Times, 11 June 2024 The naira has lost 70% of its value against the dollar since Tinubu took office. Richard Windsor, theweek, 1 Mar. 2024 Musa reports that the women were paid between 25,000 and 50,000 naira (roughly $80–160) for every 25 liters of fuel—far above the going rate in Nigeria and a significant payment for these women. Hilary Matfess, Foreign Affairs, 17 July 2017 Accessing legal representation can rise to 700,000 naira (about $500), or almost two years’ earnings for a minimum-wage worker. Ogar Monday, The Christian Science Monitor, 21 May 2024 See all Example Sentences for naira 

Word History

Etymology

alteration of Nigeria

First Known Use

1972, in the meaning defined above

Time Traveler
The first known use of naira was in 1972

Dictionary Entries Near naira

Cite this Entry

“Naira.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/naira. Accessed 17 Dec. 2024.

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