Apple Iphone 8 Price In Nigeria

Apple iPhone 8

iPhone 8 Price In Nigeria

The iPhone 8 was released in September 2017 as part of the 11th generation of iPhones. The iPhone 8 comes with a 4.7-inch Retina HD display, a 12-megapixel rear camera, and a 7-megapixel front camera. It is powered by an A11 Bionic chip and runs on iOS 11, which is upgradable to iOS 14.4. The iPhone 8 is available in three storage options: 64GB, 128GB, and 256GB.

In Nigeria, the price of the iPhone 8 varies depending on the store and location. According to Jumia Nigeria, the iPhone 8 64GB is currently priced at ₦277,750, while the iPhone 8 Plus 64GB is priced at ₦295,000. On the other hand, Konga has the iPhone 8 64GB priced at ₦175,000, while the iPhone 8 Plus 64GB is priced at ₦225,000. It is important to note that prices may fluctuate due to factors such as demand and availability.

When purchasing an iPhone 8 in Nigeria, it is recommended to compare prices from different stores to ensure that you are getting the best deal. It is also important to verify the authenticity of the device, as there are many counterfeit iPhones being sold in the market. Overall, the iPhone 8 is a solid choice for those looking for a reliable smartphone with a good camera and performance, and its price in Nigeria is competitive compared to other countries.

 

Current Market Prices of Apple iPhone 8 in Nigeria

The iPhone 8 was released in September 2017 and has since become a popular choice among smartphone users in Nigeria. The device comes in two storage options: 64GB and 256GB. In this section, we will discuss the current market prices of the iPhone 8 in Nigeria.

Authorized Retailer Prices

Authorized retailers in Nigeria sell the iPhone 8 at different prices depending on the storage capacity and location. As of March 2024, the iPhone 8 64GB is sold at authorized retailers for N140,000 to N160,000 while the 256GB version is sold for N180,000 to N200,000. These prices may vary depending on the location of the retailer.

Online Marketplace Listings

Online marketplaces such as Jumia, Konga, and Slot sell the iPhone 8 at competitive prices. The 64GB version is sold for N120,000 to N150,000 while the 256GB version is sold for N160,000 to N190,000. It is important to note that prices on online marketplaces may vary depending on the seller and the condition of the device.

Used iPhone 8 Price Range

The price of a used iPhone 8 in Nigeria is largely dependent on the condition of the device. The device is available for purchase in the Nigerian market as a UK or US used phone. The price of a used iPhone 8 ranges from N70,000 to N100,000 for the 64GB version and N100,000 to N130,000 for the 256GB version.

In conclusion, the current market prices of the iPhone 8 in Nigeria vary depending on the location of the authorized retailer, the seller on online marketplaces, and the condition of the device for used phones. It is important to purchase from authorized retailers or trusted sellers to avoid purchasing counterfeit devices.

 

Factors Influencing Apple iPhone 8 Prices in Nigeria

When it comes to purchasing an iPhone 8 in Nigeria, there are several factors that can influence the price. In this section, we will discuss some of the major factors that can impact the cost of an iPhone 8 in Nigeria.

Import Taxes and Duties

One of the most significant factors that can affect the price of an iPhone 8 in Nigeria is import taxes and duties. These taxes are levied on imported goods and can significantly increase the final cost of the product. The Nigerian government imposes a 10% import duty on mobile phones, which can add to the overall cost of an iPhone 8.

Exchange Rate Fluctuations

Another factor that can impact the price of an iPhone 8 in Nigeria is exchange rate fluctuations. The value of the Nigerian naira against foreign currencies, such as the US dollar, can fluctuate, which can affect the cost of imported goods. If the naira weakens against the dollar, the cost of importing iPhones will increase, which can lead to higher prices for consumers.

Local Demand and Supply

Finally, local demand and supply can also influence the price of an iPhone 8 in Nigeria. If the demand for iPhones is high, retailers may raise prices to take advantage of the increased demand. Conversely, if the supply of iPhones is low, retailers may also raise prices to reflect the scarcity of the product.

In conclusion, when purchasing an iPhone 8 in Nigeria, consumers should be aware of the various factors that can influence the price. These factors include import taxes and duties, exchange rate fluctuations, and local demand and supply. By understanding these factors, consumers can make informed decisions when purchasing an iPhone 8 and ensure that they are getting a fair price for the product.

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