Business
Netflix Raises Subscription Fees Again for Nigerian Users

Just three months after a previous price increase, Netflix has raised its subscription fees once again for users in Nigeria. This latest adjustment impacts all subscription tiers, reflecting a notable increase across the board.
Netflix has justified the hike by emphasizing the need to boost revenue and earnings, which will help support the growth and expansion of its content offerings. As a result, Nigerian subscribers will now face higher costs for accessing Netflix’s various plans.
The Premium Plan has seen the most significant rise, with its monthly fee climbing to 7,000 naira marking a 40 percent increase from the earlier rate of 5,000 naira.
The Standard Plan, which is favoured by many Nigerians for its HD quality and multi-screen viewing options, has risen by 37.5 percent, from 4,000 naira to 5,500 naira.
The Basic Plan has also increased, now costing 3,500 naira instead of the previous 2,900 naira, which represents a 21 percent rise. Meanwhile, the Mobile Plan, the least expensive option, has experienced a substantial 83 percent increase, jumping from 1,200 naira to 2,200 nanairas
This new round of price adjustments follows a similar increase in April 2024, highlighting Netflix’s ongoing strategy to enhance its revenue while expanding its content offerings for Nigerian viewers.
Business
Cooking Gas Price Increases by 2.18% as Nigerians Pay More to Refill

The cost of refilling a 12.5kg cylinder of cooking gas in Nigeria went up slightly in May 2025, rising by 2.18% compared to the previous month. The average price now stands at N20,709.11, up from N20,268.06 recorded in April. This update was captured in the latest Liquefied Petroleum Gas (LPG) Price Watch report for May, released by the National Bureau of Statistics (NBS).
According to the report, Delta State topped the list with the highest refill price at N23,356.56, followed by Abia at N22,953.01, and Ebonyi at N22,943.30. On the other hand, residents in Yobe, Lagos, and Kebbi states paid the least, with refill prices of N18,500, N18,536, and N18,606.60, respectively.
When compared to the same period last year, gas prices have jumped significantly, rising by 32% from N15,627.40 recorded in May 2024 to the current average. The NBS is yet to release figures for June 2025.
Business
GTCO Announces Nationwide Early Closure on June 30 for Half-Year Audit

Customers of Guaranty Trust Holding Company (GTCO) across Nigeria should brace for early branch closures on Monday, June 30, 2025, as the banking group kicks off its routine half-year audit.
In an official announcement shared on their verified X (formerly Twitter) page, GTCO informed customers that all their branches nationwide will stop attending to walk-in customers earlier than usual to allow for internal review processes.
The bank assured the public that this temporary adjustment is strictly for operational reasons tied to their mandatory half-year audit, a common practice among financial institutions to check financial records, processes, and compliance levels.
While in-person services will pause earlier that day, GTCO encouraged customers to make use of their digital banking platforms. Options such as internet banking, mobile apps, ATMs, and USSD codes, which will remain available 24/7 for essential banking transactions.
Business
MRS Increases Petrol Price to N955 Per Litre as Oil Price Goes Up

MRS filling stations, a key partner of Dangote Refinery, has announced a new petrol price hike, raising its pump prices across the country. In a price update shared on its official X page on Saturday, the company revealed that the new rates now range from N925 to N955 per litre, up from the previous N825 to N895 range.
This means petrol will now sell for N925 in Lagos, N935 in the South-west, N955 in the North-west and South-east, N945 in the North-central, and N955 in the North-east. For Lagos and Abuja, motorists will now pay N925 and N945 per litre at MRS stations, an increase from N875 and N895 respectively.
Meanwhile, NNPC retail stations have kept their pump prices unchanged at N875 in Lagos and N895 in Abuja as of Saturday evening. The nationwide increase comes amid rising global crude oil prices triggered by tensions in the Middle East, particularly the ongoing Israel-Iran conflict.
-
Entertainment18 hours ago
Reality Star TBoss Applauds Italy’s New Law on Sex Offenders, Urges Nigeria to Act
-
Entertainment16 hours ago
Ayra Starr Declares Nigerian Jollof Number One After Tasting Senegalese Version
-
Entertainment19 hours ago
Bobrisky’s Jail Time Sparks Controversy as Ex-Inmates Claim He Received Special Treatment
-
Tech18 hours ago
MTN Nigeria Launches First-Ever Hybrid 400G-800G Optical Network with Huawei
-
Sport17 hours ago
Bayern’s Jamal Musiala Undergoes Successful Surgery After Fractured Fibula Injury
-
Entertainment17 hours ago
‘Peter Obi Has Gone Back Home to Atiku’ – Seun Kuti Slams Political Move
-
Politics19 hours ago
Peter Obi Was Stopped from Entering Benue – VeryDarkMan Responds to Bwala’s Claims
-
Entertainment16 hours ago
‘Begging Is Everywhere’ – Rapper DanDizzy Laments Growing Poverty in Nigeria