Laptop prices in Nigeria have surged by about 70% in the last two years, pushing computers further out of reach for many households and students.
A basic Intel Core i3 laptop that sold for ₦300,000 in 2023 now costs over ₦520,000, while fairly used systems that once went for ₦100,000–₦150,000 now sell between ₦200,000–₦350,000.
Traders blame the spike on the naira’s sharp fall, with the exchange rate rising from ₦500/$ in early 2023 to around ₦1,500/$ today. Since most laptop parts are imported, the weak currency has made both new and used systems significantly more expensive.
The price hike is widening Nigeria’s digital divide. Fewer than 20% of households own a computer, limiting access to online education, remote work, and digital opportunities.
Analysts say costs will remain high unless the country tackles foreign exchange instability and builds stronger local tech capacity.
