naira :

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ne ruh

  • n  the basic unit of money in Nigeria

  • Most local merchants are happy to break open a pack and sell cigarettes one at a time single sticks, as they're known for about 10 Nigerian naira, or 7 cents.
  • We lost about 6 million naira $50,000.
  • Two naira, she snapped back.
News & Articles

  • Nigeria oil theft causes 5 pct drop in May government revenues
    ABUJA (Reuters) - Oil theft and pipeline vandalism were responsible for a 5 percent fall in Nigeria's government revenues in May to 590.7 billion naira, compared with 621 billion naira the previous month, the accountant general said on Thursday. "Gross revenue ... was lower ... due to a drop in crude oil production and lifting operations occasioned by force majeure declared at the Bonny terminal ...
    June 20, 2013 - Reuters via Yahoo! News
  • Nigerian naira at week high vs dlr on cbank intervention
    LAGOS (Reuters) - Nigeria's naira currency firmed against the dollar on the interbank market to its strongest level in more than a week on Thursday, after the central bank intervened in the market several times, traders said. The naira closed at 159.90 to the dollar, a level last seen on June 10, when the local currency closed at 158.95 to the dollar, and firmer than the 160.1 to the dollar it ...
    June 19, 2013 - Reuters via Yahoo! News
  • Nigerian naira up 1.6 pct vs dlr on cbank intervention
    LAGOS (Reuters) - Nigeria's naira gained about 1.6 percent against the dollar on the interbank market on Monday, after the central bank sold substantial dollar amounts to some banks to support the local currency, traders said. The naira closed at 160.1 to the dollar on the interbank, its strongest in almost one week, from 162.7 to the dollar it closed at on Friday. The Nigerian naira closed at ...
    June 17, 2013 - Reuters via Yahoo! News

  • Goodluck Jonathan in THISDAY
    ...said that both the Federal Government and the governors of the hosting states were "very" committed to the provision and development of infrastructure, noting that "the selected states have collectively spent billions of naira on stadia...
  • Kofi Annan in SomaliNet
    Nothing can be so far from the truth. How could I have returned to engage in violence after I had called for a peace meeting in Okrika on July 14, in which millions of naira was expended, in the presence of chiefs and elders of Okrika and Rivers... Ateke Tom Aug 29, 2007 66373 88399 nairobi Speaking at the climate conference at the UN headquarters in Gigiri, Nairobi, Mr Annan said: The Nairobi conference must send a clear, credible signal that the world's political leaders take climate change seriously."

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