All you need to do is add the following two entries in the location listing in the server conf settings (ngnix.conf) file.
location = / {
auth_basic "Restricted";
auth_basic_user_file /path/to/htpasswd;
...
}
Go to /opt/nginx/conf/ and run below command, make sure that htpasswd file is present in that directory.
htpasswd -c -b htpasswd <user> <pass>