Business

Netflix Raises Subscription Fees Again for Nigerian Users

Published

2 years ago

July 25, 2024

Photo source: Google

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

Bitcoin Falls Below $63,000 to Lowest Level Since October 2024

Published

3 days ago

October 7, 2026

Ese Ohwofa

Bitcoin has fallen below $63,000, reaching its lowest level since October 2024 amid weakening investor confidence and increased volatility in the cryptocurrency market.

According to CoinMarketCap data, Bitcoin dropped 13.9 per cent to $62,965 as of 10:20 p.m. on Thursday. The decline comes after months of downward movement, with the cryptocurrency now more than 45 per cent below its October peak.

Ethereum also recorded a sharp decline, falling 13 per cent to $1,863, while the global cryptocurrency market capitalisation dropped to $2.19 trillion.

Analysts reportedly linked the latest decline to a broader sell-off in US technology stocks, which has also affected other risk assets. Bitcoin had reached an all-time high of more than $125,000 on October 5 before falling sharply in the days that followed, highlighting the continued volatility in the crypto market.

Business

‘That Is the Only Way to Spread Prosperity’ — Dangote on Refinery Shares

Published

3 weeks ago

September 23, 2026

Ese Ohwofa

Businessman Aliko Dangote has explained why he believes Nigerians should participate in the ownership of his refinery by purchasing shares.

He was asked by singer Davido why Nigerians should participate, and Dangote explained that the initiative would help spread wealth and prosperity across Africa.

“Well, it’s very important because that is the only way to spread prosperity and wealth throughout Africa. And like I said, this is not going to be the first and the last. We will continue with even our fertilizer. By the time we finish listing, every single one will own part of our businesses and we will create a pool of cash…”

He explained that the goal is to create opportunities for more Nigerians to own a stake in the businesses and help spread wealth across the country.

Business

Aliko Dangote Speaks on His Children and Carrying on His Family Name

Published

4 weeks ago

September 15, 2026

Ese Ohwofa

Aliko Dangote speaks on his lineage and addresses not having a son as he was asked about not having a son to carry his name and achievements.

“That is not my priority because God controls everything. You can pray for God to give you a son, but he might be the one to take down the name of the family.”

Instead, he shared that he does not mind not having a son. “I don’t think a son would have done better than the three daughters I have.”

Aside from that, he was also asked about giving advice to young Nigerians. “Work hard, be consistent, focused and know what you want to do.”