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What is a naira?

What is a naira? Here are some definitions.

Noun
  1. The official currency of Nigeria, which replaced the pound in 1973; the principal denomination of the currency, equal to 100 kobo.
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Examples
The strikers are demanding 7,500 naira as monthly minimum wage but the government has stipulated it only pay the 5,500 naira agreed by the governors of Nigeria's 36 states.
In contrast, the Angolan kwanza and the Nigerian naira have depreciated against the US dollar over the period which may have protected their competitiveness.
Parents said the girls, aged between 16 and 18, are being sold into marriage to Boko Haram militants for 2,000 naira, Halite Aliyu of the Borno-Yobe People's Forum said.
The students are being paid 2,000 naira to marry the fighters, Halite Aliyu of the Borno-Yobe People's Forum told The Associated Press.
He was a successful businessman who made and invested his money at a time when the naira enjoyed parity with sterling.
The Nigerian naira recorded its first appreciation of the week, gaining ground against the dollar.

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