Wagwa Share definition Flag An alternate term for those who do not want to use the term, nigga. Derived from the word, Nicaragua. "Look at those big wagwa lips!" "Lazy wagwas..." "I got that wagwa-itis son!" "What up wagwa!" Wagwa by Toe and Jimi May 20, 2007 0 0 Get merch Get the Wagwa mug. Buy Now — $32.95 See more merch