Late last year, the value of the Nigerian Naira against the dollar was devalued. This directly affected the prices of various commodities – phones especially. We at MobilityArena predicted that prices of phones would escalate, and it already manifesting.
A quick look at the Innjoo page on Jumia shows some very incredible price hikes on phones. See screen shots below:
The Innjoo Halo is now priced at N21,260 while the Innjoo Fire Plus is now priced at N41,400. Formerly these phones were priced at N14,000 and N27,600 respectively. Incredible !! See proof HERE.
Even the likes of Infinix have slightly increased the price of their phones too. Suddenly, now is such a wrong time to buy a phone. Especially, those that like playing the waiting game. Kpele. 😛