Netflix has announced a price adjustment for its subscriptions in Nigeria, with the Premium Plan now set at N7,000 per month, up from N5,000.
This marks the platform’s second price adjustment in three months with the introduction of the most recent price increase in April of this year
The streaming platform stated earlier in April that the price of its Premium Plan in Nigeria would increase to N5,000 from N4,400. Simultaneously, the Basic Plan stayed at N2,900, and the Standard Plan was raised from N3,600 to N4,000.
Netflix has been raising the rates of its Basic and Premium plans starting in October 2023 in several major areas across the world, such as the United States, the United Kingdom, and France.
According to the price update on the company’s website, the Standard plan subscription, which is popular among Nigerian subscribers for its HD quality and multi-screen viewing options, has been increased from N4,000 to N5,500. This represents a 37.5 per cent increment.
