How to Use naira in a Sentence

naira

noun
  • The launch of the e-naira in Nigeria does not come as a surprise to some observers.
    — Kingsley Kobo, Quartz, 30 Dec. 2021
  • The cash crunch comes amid a grim economic outlook, with the naira at an all-time low against the dollar.
    — Ope Adetayo, Washington Post, 2 Mar. 2023
  • Yet those comments are unlikely to reduce pressure on the naira.
    — Yomi Kazeem, Quartz Africa, 30 Nov. 2020
  • At any point in the last few years, Nigeria’s naira has always had multiple exchange rates.
    — Yomi Kazeem, Quartz Africa, 30 Nov. 2020
  • The thieves got away with millions of naira in local currency after using dynamite to blow up a vault in one bank.
    — Bukola Adebayo, CNN, 4 June 2018
  • Guests without naira might have to use a transfer app to make payments for purchases, which can be a little awkward for small purchases.
    — Condé Nast, Condé Nast Traveler, 15 Mar. 2026
  • For the Duke crew, pirates demanded 2 billion naira (about $5 million).
    — Saudamini Jain, CNN, 20 Mar. 2021
  • Nigeria’s economy is being ravaged by a slump in oil prices that have dried up dollar supplies and a naira that was devalued earlier this year.
    — Janice Kew, Bloomberg.com, 3 Aug. 2020
  • Nigeria’s official exchange rate should not be determined by the parallel market where the naira value has weakened to a three-month low.
    — Tope Alake, Bloomberg.com, 24 Nov. 2020
  • Limited prints the naira, and may likely be selected to mint the future co if member states do manage to figure out the regional solution.
    — Kingsley Kobo, Quartz, 30 Dec. 2021
  • Nigerian officials said recently that the increasing use of bitcoin could erode the value of the local currency, the naira.
    — Jared Malsin, WSJ, 16 Apr. 2021
  • Intended to curb dollar scarcity and curtail parallel forex exchange markets, the move has sent the naira down by 36% on the official market on June 14.
    — Faustine Ngila, Quartz, 16 June 2023
  • Eight years ago, at Shell’s request, First Bank provided a guarantee to the community for the original 17 billion-naira award.
    — William Clowes, Bloomberg.com, 14 Jan. 2021
  • Already above target for more than five years, inflation has continued to accelerate and pressure on the naira increased, which may force the MPC to hold on Tuesday.
    — Ruth Olurounbi, Bloomberg.com, 21 Nov. 2020
  • Growth improved due to government interventions such as subsidy removals, which have resulted in higher revenues, a stronger naira currency, rising foreign reserves, and an increase in exports.
    — Alexander Onukwue, semafor.com, 10 Oct. 2025
  • Amid these trends, Bloomberg asked three local financial experts where Nigerians should invest 100 million naira – about $72,000.
    — Emele Onu, Bloomberg, 7 Apr. 2026
  • Economy tickets on Nigerian carriers roughly doubled to 350,500 naira.
    — Vanessa Offiong, CNN Money, 19 Dec. 2025
  • The outlet later reported that a church official said the gunmen demanded a ransom of 100 million naira (roughly $69,000) per worshipper.
    — Rachel Wolf, FOXNews.com, 21 Nov. 2025
  • Those reforms included the removal of decades-long fuel subsidies that kept fuel prices low, influencing retail prices of nearly every good and service in the West African nation and allowing the value of the naira to be dictated by market forces.
    — ABC News, 20 June 2026
  • But relative stability in the naira and the economy, together with high domestic yields, means local investors would want to hold as much as 80% of their portfolio in Nigerian assets compared with about 20% three years ago.
    — Emele Onu, Bloomberg, 7 Apr. 2026
  • Nigeria’s benchmark stocks gauge is trading at a record, surpassing the 100 trillion-naira ($72 billion) mark in early February for the first time as difficult reforms are starting to bear fruit, boosting sentiment.
    — Emele Onu, Bloomberg, 7 Apr. 2026

Some of these examples are programmatically compiled from various online sources to illustrate current usage of the word 'naira.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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