# naira

/ˈnɛɹə/ (US) · /nˈeəɹɐ/ (UK) · CEFR B2 · Noun

Source: https://englishreference.com/word/naira
Updated: 2026-10-16

## Definition

the money used in Nigeria. One naira is divided into 100 smaller units called kobo.

For teachers: the official currency of Nigeria, divided into 100 kobo and represented by the symbol ₦.

## Examples

- The shop lists all prices in naira.
- She exchanged dollars for naira at the airport before taking a taxi into the city.
- After the central bank redesigned the notes, traders struggled to get enough naira in cash for daily business.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.