I dont really understand this. When the naira was losing value, online shops increased the price of their items accordingly. What was sold at 23000 a month ago now sells for almost 26000.
The problem is that the naira is now gaining value against the dollar but the prices of items at these online shops remain the same. What could be wrong?
Konga and Jumia are the main offenders.

The price at which they purchased Naira was high at that time the goods were sourced abroad.

400billionman:
The price at which they purchased Naira was high at that time the goods were sourced abroad.

So we must wait for them to exhaust their items in stock? so they'll still reduce it eventually?
I'm waiting for them o

Hmmm. This should be a rhetoric question. Just give them time and you would see the real increase; gain ko loss ni.

mavinc4u:
Hmmm. This should be a rhetoric question. Just give them time and you would see the real increase; gain ko loss ni.

Lol.
When the naira was falling, they didnt wait for their stock 2 run out before increasing price, but now that its rising, are they now expecting us to wait?