Smartphones

Smartphone/Laptop Prices Have Risen 30% In 3 Months For Dubious Reasons

By  |  June 1, 2020

Up and up the prices go...

As of February 2020, the sum of NGN 58 K could purchase the impressive Xiaomi Mi A3 in Nigeria. Today, the same smartphone goes for a non-negotiable NGN 85 K. That’s a price jump of 46.5 percent in just 3 months!

A 2019 MacBook Pro was selling for around NGN 450 K as of January this year. The same laptop now costs between NGN 550 K to NGN 600 K in Nigeria. At best, it’s a price surge of 22 percent. At worst, it’s a 33 percent hike. Either way, it’s a disturbance.

Journalism is broken in Africa


Help us build a narrative on African Business, Startups, Tech and Economy
Join us today to empower great story telling, one story at a time

Monthly Membership

$10

(billed monthly)

Access To 1 Month WT Membership

Access To Premium Newsletters For 1 Month

1 Month Access To WT's Content Archive

Access To WT's Conferences & Events

Access To All WT's Research Reports On Africa

Access To Podcasts, Video Content & Recordings

Subscribe Now
Popular

Annual Membership

$60

(billed annually)

Access To 12-Month WT Membership

Access To WT's Conferences & Events

Access To All WT's Research Reports On Africa

Access To Podcasts, Video Content & Recordings

Access To All Premium Newsletters

Unlimited Access To WT's Content Archive

Subscribe Now

Pay Per Article

Unlimited access to this article with one time payment.

$6

Subscribe Now

If you are a Corporate or a Student, please reach out to us for subscription at [email protected]