Definition, Meaning & Synonyms
kobo
noun
ˈkoʊboʊ
Definition
A kobo is a monetary unit used in Nigeria, equal to one-hundredth of a naira.
Examples
- After saving a few kobo, she was finally able to buy a small gift.
- The price of the item was just a few kobo, making it affordable for everyone.
Meaning
The term ‘kobo’ is often used in everyday transactions to represent small amounts of money in Nigeria.
Synonyms
- penny (in a general context)
- cent (in a similar context)
