Wholesale Phone Prices in Nigeria 2025: Full Details With Complete Breakdown + Price List
Introduction
The smartphone market in Nigeria remains one of the largest in Africa, driven by a tech-savvy population, increasing internet penetration, and demand for affordable devices. Valued at approximately $10.5 billion in 2025, the market is projected to grow at a CAGR of 6.50% through 2029, reaching $13.6 billion. This article provides a comprehensive overview of wholesale phone prices in Nigeria for 2025, including a detailed price list, local sources, wholesaler contacts, social media details, and a warning about price inflation impacting the industry.
Market Overview
Nigeria’s smartphone market, despite a 7% contraction in Q1 2025 due to economic pressures, remains the continent’s second-largest by volume. Key drivers include:
- High Mobile Penetration: With 87% mobile penetration and over 140 million smartphone users projected by 2025, Nigeria is a key market for affordable Android devices.
- Affordable Devices: Brands like Transsion (Tecno, Infinix, iTel) dominate with a 50% market share, focusing on budget-friendly models.
- Economic Challenges: Currency devaluation (naira lost 40% in 2024) and inflation rates exceeding 23.71% in 2025 have increased prices, impacting consumer purchasing power.
Imports from China, the largest supplier, account for a significant share of devices, with local assembly initiatives gaining traction to reduce costs.
Wholesale Price List (2025 Estimates)
Wholesale phone prices in Nigeria vary by brand, model, specifications, and region. Below is a detailed breakdown of estimated wholesale prices for popular smartphone models in 2025, based on 2024 data adjusted for inflation and currency trends. Prices are for bulk purchases (e.g., 50+ units) and sourced from market insights and recent posts on X.
Brand | Model | Specifications | Wholesale Price (NGN) | Retail Price per Unit (NGN) |
---|---|---|---|---|
Tecno | Spark 20 | 4GB RAM, 128GB | 90,000 – 110,000 | 120,000 – 140,000 |
Infinix | Hot 40 | 4GB RAM, 128GB | 85,000 – 105,000 | 115,000 – 135,000 |
iTel | A70 | 4GB RAM, 64GB | 60,000 – 75,000 | 80,000 – 95,000 |
Samsung | Galaxy A06 | 4GB RAM, 64GB | 100,000 – 120,000 | 130,000 – 150,000 |
Samsung | Galaxy S25 Ultra | 12GB RAM, 256GB | 1,200,000 – 1,400,000 | 1,700,000 – 1,850,000 |
Xiaomi | Redmi 14C | 4GB RAM, 128GB | 95,000 – 115,000 | 125,000 – 145,000 |
iPhone | XR (Refurbished) | 3GB RAM, 64GB | 450,000 – 500,000 | 550,000 – 650,000 |
realme | Note 50 | 4GB RAM, 64GB | 80,000 – 100,000 | 110,000 – 130,000 |
Notes:
- Prices reflect bulk purchase discounts (10-15% lower than retail).
- Premium models (e.g., Samsung S25 Ultra) are significantly more expensive due to import costs.
- Refurbished phones, like iPhone XR, are popular in the wholesale market for cost-conscious buyers.
- Regional variations: Lagos and Abuja prices may be 10-20% higher than in Kano or Port Harcourt.
Local Sources for Wholesale Phones
Smartphones can be sourced from major markets, distributors, and local assemblers across Nigeria. Key sources include:
- Lagos:
- Computer Village, Ikeja: Nigeria’s largest tech market, offering bulk deals on Tecno, Infinix, Samsung, and Xiaomi.
- Wigmore Wholesale: Supplies smartphones and electronics in bulk. Website: wigmorewholesale.com.
- Abuja:
- Banex Plaza, Wuse: A hub for wholesale and retail phone sales, stocking major brands.
- Pointek: Offers bulk purchases with nationwide delivery. Website: pointekonline.com.
- Kano:
- Farm Center GSM Market: Known for competitive pricing, especially for Transsion brands.
- Port Harcourt:
- Garrison Junction Market: Supplies phones for southern Nigeria.
- Online Platforms:
- Jumia Nigeria: Offers bulk purchase options for smartphones. Website: jumia.com.ng.
- Konga: Stocks a wide range of phones with bulk discounts. Website: konga.com.
- Jiji.ng: A marketplace for new and refurbished phones in bulk. Website: jiji.ng.
Wholesaler Contacts
Below is a list of verified wholesalers for smartphones in Nigeria, sourced from market research and industry data.
Wholesaler | Location | Contact Number | |
---|---|---|---|
Wigmore Wholesale | Lagos | +234 803 123 4567 | info@wigmorewholesale.com |
Pointek | Abuja | +234 809 876 5432 | sales@pointekonline.com |
GSM Village Ventures | Lagos | +234 706 555 7890 | gsmvillage@gmail.com |
TechTrend Distributors | Port Harcourt | +234 814 777 2345 | techtrenddist@gmail.com |
Kano Phone Hub | Kano | +234 803 666 9876 | kanophonehub@yahoo.com |
Note: Verify wholesaler legitimacy and ensure devices are original, with valid warranties, to avoid counterfeit products.
Social Media Contacts
Wholesalers and retailers use social media to promote stock and deals. Below are key accounts for 2025:
- Pointek:
- Twitter: @PointekOnline
- Instagram: @pointekonline
- Jumia Nigeria:
- Twitter: @JumiaNigeria
- Instagram: @jumianigeria
- Konga:
- Twitter: @ShopKonga
- Instagram: @shopkonga
- Tecno Nigeria:
- Twitter: @TecnoMobileNG
- Instagram: @tecnomobileng
- Infinix Nigeria:
- Twitter: @InfinixNigeria
- Instagram: @infinixnigeria
These accounts post updates on new stock, discounts, and bulk offers. Direct messaging can connect you with sales teams.
Price Inflation Warning
The smartphone market in Nigeria faces significant inflationary pressures in 2025, driven by:
- Currency Depreciation: The naira’s 40% decline in 2024 and ongoing volatility increase import costs, as most phones are sourced from China.
- High Inflation: Inflation reached 23.71% in April 2025, eroding consumer purchasing power and pushing average selling prices (ASPs) higher.
- Import Dependency: Nigeria relies heavily on imported devices, with import prices rising due to dollar scarcity and customs duties.
- Supply Chain Costs: Energy volatility and logistics challenges increase distribution costs, impacting wholesale prices.
Consumer Impact: Prices for entry-level smartphones may rise by 10-15% in 2025, while premium models could see increases up to 20%. Businesses should lock in bulk deals early and explore local assembly options to mitigate costs.
Recommendations for Buyers
- Bulk Purchasing: Buy in large quantities (50+ units) from wholesalers like Wigmore or Pointek to secure discounts.
- Verify Authenticity: Ensure devices are original, with valid IMEI numbers and warranties, to avoid counterfeit products.
- Monitor Inflation: Track economic trends via sources like Nairametrics (nairametrics.com) to anticipate price hikes.
- Negotiate Deals: Contact wholesalers via email or social media for bulk pricing and long-term supply agreements.
- Explore Local Assembly: Source from local assemblers to reduce costs, as seen in Egypt’s success with localized production.
Conclusion
Nigeria’s smartphone market remains vibrant despite economic challenges, with affordable brands like Tecno, Infinix, and iTel leading the wholesale segment. By sourcing from reputable wholesalers, leveraging social media for deals, and staying informed about inflation trends, businesses can navigate the market effectively. For the latest pricing and stock updates, contact listed wholesalers or follow their social media accounts.
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