smart devices – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Fri, 30 Jan 2026 14:31:18 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png smart devices – Tech | Business | Economy https://techeconomy.ng 32 32 How Better Connectivity Could Lower the Cost of Smart Devices https://techeconomy.ng/how-better-connectivity-could-lower-the-cost-of-smart-devices/ https://techeconomy.ng/how-better-connectivity-could-lower-the-cost-of-smart-devices/#respond Fri, 30 Jan 2026 13:45:41 +0000 https://techeconomy.ng/?p=175283 The demand for smart devices in Nigeria is growing fast. More Nigerians are embracing smartphones, smart TVs, 5G routers, smart wearables, and various IoT gadgets every day.

Smartphone Cost | 5G
PHANTOM V Fold2 5G is available in nature-inspired colours that speak of stylish yet sustainable design

Recent data figures show that smartphone penetration has increased to around 60-70% in recent years, with more millions of users using the internet through mobile connections.

This surge reflects a young, tech-curious population eager to stay connected, stream digital content, run e-commerce businesses, and access services digitally.

Yet, there is a clear paradox here. While the demand for smart devices keeps on increasing, the prices of these smart devices remain very high and sometimes unaffordable for the majority of Nigerians.

For instance, an entry-level smartphone can still cost a significant portion of monthly income, making it difficult for the average Nigerian household to upgrade or adopt new technologies.

The key question is: why does this problem persist, and what can solve it?

The answer to this question is not just in manufacturing or taxes but might be in something that is often overlooked: better connectivity infrastructure.

Improving internet infrastructure for better access across the country could indirectly reduce the cost of smart devices in meaningful ways.

Why Smart Devices Are Expensive in Nigeria

Smart devices cost so much in Nigeria mainly because the country relies heavily on technology imports rather than local production.

Most of the smartphones, TVs, and other gadgets in the market mainly come from foreign manufacturers in Asia or elsewhere, shipped in containers and cleared through customs.

Airtel Launches Smart Router, Bringing Smart TV Experience to Regular TVs and SmartCash
Airtel Smart Router/Source: Airtel

The combination of  high import duties, additional levies, and VAT often result in a higher retail price far above global averages. Additionally, the volatile foreign exchange (FX) market in Nigeria makes things even worse. When the naira weakens against the dollar, components and finished goods that are priced in dollars become even more expensive overnight.

Local production of technology products remains limited. While some brands like those under Transsion Holding (which powers TECNO, Infinix, and itel) have their service centers and minor local operations through partners like Carlcare, full-scale manufacturing is rare in Nigeria.

This issue results in weak supply chains, higher logistics costs, and no comparative advantage in large-scale operations. Also, distribution remains fragmented, with many middlemen between importers and buyers, each adding their own additional cost to final retail prices.

Poor connectivity plays a hidden but powerful role, too. Slow or unreliable internet connection could affect efficient market operations negatively. Distributors struggle with tracking their inventory in real-time, accurate demand projections, and quick restocking. New innovations delay because companies can not easily test apps, gather user data, or coordinate remotely. All these inefficiencies keep prices high.

What “Better Connectivity” Really Means in the Nigerian Context

Better connectivity goes beyond just faster connection speeds. It is about a more widespread coverage that is reliable and affordable to access.

In Nigeria, this means expanding broadband penetration through fibre optics, 4G (still very dominant), emerging 5G, and even satellite based options for rural areas. 2025 ended with a broadband penetration of almost 50% in Nigeria, with internet users over 109 million, but this is still very far from the ambitious national targets like 70% under the reviewed National Broadband Plan.

SITA PON solution - fibre optic communications for Airports | Connectivity | Smartphone cost
Fibre

Key elements include rolling out more fiber, leveraging undersea cables, mainly concentrated in Lagos for international bandwidth, and strengthening Internet Exchange Points (IXPs) to keep local internet traffic inside the country, further reducing network latency and overall costs.

“Last-mile” solutions are also very helpful by bringing reliable internet to semi-urban and rural communities where many Nigerians still live.

Major telecommunication companies like MTN, Airtel, and Glo are making 5G more available in cities like Lagos, Abuja, and Port Harcourt, but nationwide coverage remains a work still in progress. When these factors such as lower data prices, fewer outages, and wider reach come together, true transformation begins.

How Improved Connectivity Can Reduce Device Costs

. Streamlining Logistics and Cost Reduction: Better internet connectivity directly reduces costs for original equipment manufacturers (OEMs), distributors, and retailers. With reliable internet, logistics become smoother. Companies can use cloud based tools for real-time tracking of shipments, better predict what sells in different regions, and reduce waste from overstocking or stockouts. This efficiency reduces operating costs and allows price reductions to pass on to final retail buyers.

. Market Transparency and Competitive Pricing: With improved connectivity, market transparency improves, too. Online platforms mostly thrive when the internet is fast and cheap, and consumers compare prices across Jumia, Jiji, or vendor sites in a few minutes. Sellers face pressure to compete, cutting unnecessary additions to retail prices. We have observed that in other markets, better connectivity often sparks price wars that benefit everyone.

. Boost in Local Oriented Production and Foreign Collaboration: With better connectivity, local production gets a boost. Internet connectivity creates more emphasis on cloud-based design software, remote quality checks, and seamless integration with global suppliers. Engineers in tech hubs in Lagos can collaborate easily with partners abroad without delays. This makes it easier and cheaper to produce devices tailored for the Nigerian ecosystem.

. Boost in Direct-to-Consumer Business Models: Better connectivity also means more efficiency in Direct-to-consumer models. Brands launch devices through their websites or apps and ship directly to final consumers without needing many layers of distributors. Fewer middlemen mean lower final prices, and online-first strategies like flash sales or bundle deals become more practical.

Connectivity as a Catalyst for Local Innovation and Alternatives

Reliable internet connectivity could also open doors for homegrown solutions as it enables Nigerian developers and startups to build software-heavy devices that do not need expensive hardware. For example, smart TVs optimized for local streaming services, hybrid feature-smart phones blending affordability with apps, or payment terminals that work offline but sync when connected.

These devices suit the network usage pattern of Nigerians, that is, devices with lower data needs, power-efficiency for frequent blackouts, and focus on practical features like mobile money integration.

As connectivity improves, innovations such as cheaper routers for home Wi-Fi, wearables designed for health tracking in underserved areas, or IoT sensors for small farms accelerate. This results in more options at lesser prices, reducing dependence on imported high-end hardware.

The Role of Telcos, ISPs, and Policy Makers

Better connectivity is directly connected to telecommunication companies and ISPs. Operators like MTN and Airtel already bundle devices with data plans or offer financing, making phones feel more affordable upfront.

As connectivity improves, these deals grow through zero-rated access for device apps, instalment payments tied to data subscriptions, or subsidized entry-level 5G phones.

The government also has a big role to play too. Policies that speed up permisions to lay fibre optic cables in roads and public places could reduce deployment costs. Incentives like tax breaks for broadband investments or subsidies for rural towers could also help.

Supporting local assembly, through grants or import waivers for components, ties directly to connectivity improvements as well. Basically, stable regulations and long-term planning give investors more confidence to build internet infrastructure that lasts.

For everyday Nigerians, the advantage is clear. The price of entry-level and mid-range smart devices could drop gradually by up to 10-20% over time as efficiencies build. Refurbished options and cloud-dependent gadgets that rely on streaming instead of local storage will also become more viable.

Wider adoption also follows. Schools use affordable tablets for learning, clinics adopt cloud-based health devices, and small businesses run on cheap routers and POS systems.

Device affordability is not just about factories or import taxes. It can also be tied to better connectivity. Better internet infrastructure quietly reshapes the entire ecosystem, from supply chains to local innovation and consumer choices.

As Nigeria pushes forward with 5G expansions and fiber projects like Project BRIDGE, the next phase of connectivity could redefine how easily Nigerians access smart technology, and sustainable efforts will make smart devices not a luxury, but a more affordable tool for everyone.

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The Privacy Trade-Off: Balancing Security and Convenience in Smart Homes https://techeconomy.ng/balancing-security-and-convenience-in-smart-homes/ https://techeconomy.ng/balancing-security-and-convenience-in-smart-homes/#respond Fri, 07 Mar 2025 14:18:29 +0000 https://techeconomy.ng/?p=154363 Smart homes are all the rage. Thermostats, cameras, voice assistants—they promise ease and security. But there’s a catch: privacy and security risks.

Let’s break it down.

Convenience at a Price

Imagine controlling your lights or thermostat with a tap on your phone or a voice command. Sounds great, right?

Devices like Amazon Alexa and Google Home make life smoother and more efficient. But these gadgets need data to function, and that data includes your daily routines and private conversations.

The Hidden Cost of Data

All this convenience comes at a cost. Your smart devices collect heaps of data, often stored in the cloud. This means you’re losing control over who sees your info.

Companies might share it with third parties, sell it to advertisers, or even hand it over to the government. Not so smart, huh?

Security Vulnerabilities

And let’s talk about hacking. Many smart home devices aren’t as secure as you’d think. Weak passwords, outdated software, and insecure APIs are open doors for hackers.

Think your home security system is impenetrable? High-profile breaches in devices like Ring and Nest suggest otherwise.

Legal Landscape

Lawmakers are catching on. The American Data Privacy and Protection Act (ADPPA) aims to give you rights to your data. You can access, correct, and delete it. Companies must limit data collection to what’s “reasonably necessary.” Sounds good, but enforcing these rules is another ballgame.

How to Protect Yourself

So, what can you do? Be smart about your smart home.

  • Strong Passwords: Use unique, strong passwords for each device.
  • Update Regularly: Keep your device firmware up to date.
  • Know Your Rights: Familiarize yourself with privacy laws like the ADPPA.

Real-World Incidents

Data misuse in smart homes is real. From unauthorized data collection to hacking, your private moments could end up exposed. High-profile cases have shown how easily these devices can be compromised, underscoring the need for robust security measures.

Industry Responsibility

Manufacturers also have a role to play. They need to implement strong security protocols and be transparent about data usage. Compliance with standards like the Matter interoperability and security standard can help build trust and protect user data.

Consumer Awareness

Consumers must stay informed. Understand what data your devices collect and take steps to safeguard it. Use strong passwords, update regularly, and know your rights.

Josh Gordon, a technology infrastructure expert at Geonode, emphasizes the importance of robust privacy measures:

“The key to balancing convenience and security lies in understanding the data flows and ensuring that access is secure and controlled.” Gordon’s insights align with the industry’s growing emphasis on data privacy and secure access solutions, reinforcing the critical need for consumers to stay vigilant.

By staying vigilant and informed, you can enjoy the perks of a smart home without sacrificing your privacy.

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How Men and Women Differ over Control, Monitor of Smart Devices https://techeconomy.ng/how-men-and-women-differ-over-control-monitor-of-smart-devices/ https://techeconomy.ng/how-men-and-women-differ-over-control-monitor-of-smart-devices/#respond Mon, 27 Mar 2023 07:37:00 +0000 https://techeconomy.ng/?p=98475 A new global survey, conducted by Kaspersky, explores the key digital habits, obstacles and usage of smart home devices.

A recent survey conducted by Kaspersky reveals there is gap regarding those typically in charge of maintaining and buying smart devices at home.

In particular, 72% of men surveyed are the ones who set up smart devices in their home, while just under half (47%) of women do so.

According to digital market research, the number of homes with active smart home devices is expected to amount to 573.7m users by 2026. Household penetration is expected to hit 25.0% by that year.

Kaspersky survey results reflect that men are the ones who take care of their families’ smart devices more often. This is also the case when the Wi-Fi settings need changing on the home router or new devices are added to the network. Most men surveyed (75%) usually do this, while only 50% of women carry out this task. 

The situation is almost the same when it comes to installing software and apps on computers – 72% of men are responsible for this, compared to 47% of women.

The trend changes regarding children’s digital habits. Research data shows both parents are equally willing to control the children’s time on devices. In particular, 67% of men and 54% of women monitor the time little ones spend on gadgets.

“Smart home devices and solutions can significantly improve and facilitate people’s daily tasks. Each family decides for itself which version of the distribution of roles is most convenient for them. At the same time, the key point is that modern smart devices and security solutions must be accessible to everyone, regardless of sex and age,” commented Marina Titova, Vice-President, Consumer Product Marketing at Kaspersky.

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