the basic monetary unit of Nigeria see Money Table
Example Sentences
Recent Examples on the WebThe naira, the local currency in Access Bank’s home market, has been under pressure, losing more than 50% of its value since 2015 after the West African nation plunged and recovered from two economic contractions in the period. Emele Onu, Bloomberg.com, 30 Mar. 2022 The company takes 20% of each customer’s payment, with the cheapest services starting at 4,000 naira ($10) for a bedroom. Alexander Onukwue, Quartz, 24 June 2022 Nigeria’s ever-weakening naira against the dollar also makes imports increasingly expensive. Alexander Onukwue, Quartz, 9 May 2022 One dollar has grown from 155.7 naira in June 2011 to N404 this June—and those are the official inter-bank rates. Alexander Onukwue, Quartz, 24 Aug. 2021 Shell Nigeria spokesman Odugbesan denied that Shell is untouchable in Nigeria and stated that the company paid out around 50 billion naira in 2021 (around $111 million as of last year) after being sued by another community. Krystina Shveda, CNN, 25 May 2022 The Anambra state governor has put up a 10 million naira ($24,000) reward for information on the killers. Reuters, CNN, 23 May 2022 The launch of the e-naira in Nigeria does not come as a surprise to some observers. Kingsley Kobo, Quartz, 30 Dec. 2021 The stock traded around 10 naira per share in Lagos on Wednesday to give the lender a valuation of about 355 billion naira ($850 million). Emele Onu, Bloomberg.com, 30 Mar. 2022 See More