ADVERTISEMENT
TechEconomy
Sunday, June 1, 2025
No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Netflix Hits Nigerian Subscribers with 2nd Price Hike in Three Months, 40% Up

Netflix Hits Nigerian Subscribers with 2nd Price Hike in Three Months, 40% Up

Joan Aimuengheuwa by Joan Aimuengheuwa
July 24, 2024
in TechTAINMENT
0
Netflix Hits Nigerian Subscribers with 2nd Price Hike in Three Months, 40% Up
Netflix

Netflix

RelatedPosts

‘Made by Africa, Loved by the World’ Returns for Fifth Year

‘Made by Africa, Loved by the World’ Returns for Fifth Year

May 22, 2025

Apple Puts Maliyo Games in the Spotlight with Stunning Africa Day Feature

May 22, 2025

Streaming platform, Netflix has again raised its subscription rates in Nigeria, with the Premium Plan now costing ₦7,000 per month — a 40% increase from the previous ₦5,000. 

This price change, effective immediately, is the second adjustment in just three months, pointing to the company’s need to align with its revenue growth objectives.

The Standard Plan, offering HD quality and allowing simultaneous viewing on multiple devices, now costs ₦5,500, a 37.5% rise from ₦4,000. Meanwhile, the Basic Plan has increased from ₦2,900 to ₦3,500, and the Mobile Plan, which was initially ₦1,200, has jumped to ₦2,200, representing an 83% increase.

This can be ascribed to inflationary issues in Nigeria, which have affected consumer affordability. These changes are part of a global pattern where Netflix adjusts its fees in key markets, including the United States, United Kingdom, and France, to sustain its investment in a diverse range of content offerings.

The company aims to enhance its competitive edge as the streaming industry becomes increasingly crowded with alternatives.

In addition to price hikes, Netflix is exploring more economical subscription models to encourage a wider audience. The “Basic with Ads” plan, introduced in various countries, provides a lower-cost option for subscribers willing to view advertisements.

This also comes after Netflix faced subscriber losses and growing competition, prompting a reevaluation of its service offerings to maintain market share and attract new customers.

The Nigerian entertainment market remains a huge focus for Netflix. Despite the challenges caused by inflation, the company is still working to strengthen its foothold in the region.

This includes a commitment to investing in local content and partnerships, ensuring that it continues to interest Nigerian audiences even as prices rise.

Netflix is also working to balance the need for financial sustainability with consumer expectations in the global market.

Loading

Advertisements
MTN ADS

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares
Tags: NetflixNetflix price hikeNetflix Standard PlanPrice hikesubscription rates
Previous Post

NERC & Band ‘A’: Revert to Old Tariff – Reps

Next Post

Consumers Squeezed as Inflation Drives Up Costs of Beans, Yam, and Others in June

Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Related Posts

‘Made by Africa, Loved by the World’ Returns for Fifth Year
TechTAINMENT

‘Made by Africa, Loved by the World’ Returns for Fifth Year

by Joan Aimuengheuwa
May 22, 2025
0

Through powerful storytelling, the campaign unites diverse art forms of film, animation, dance, music and photography, into a single narrative...

Read more
Apple Puts Maliyo Games in the Spotlight

Apple Puts Maliyo Games in the Spotlight with Stunning Africa Day Feature

May 22, 2025
Microsoft Blames Apple’s Restrictions for Delayed Xbox Mobile Web Store Launch

Microsoft Blames Apple’s Restrictions for Delayed Xbox Mobile Web Store Launch

May 21, 2025
AI Sports betting predictions | fraud and integrity

Experts Alarmed as Searches for ‘AI Sports Betting Predictions’ Skyrockets by 4,000%

May 21, 2025
Apple Reportedly Blocks Fortnite Again, Leaving Players Worldwide in Limbo

Apple Reportedly Blocks Fortnite Again, Leaving Players Worldwide in Limbo

May 16, 2025
Spotify AI DJ Now Takes Voice Requests from Premium Users

Spotify AI DJ Now Takes Voice Requests from Premium Users

May 13, 2025
Next Post
Nigeria’s Inflation

Consumers Squeezed as Inflation Drives Up Costs of Beans, Yam, and Others in June

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.