Home Entertainment News Starting July 4th, Netflix will raise its monthly subscription fee to ₦8,500.

Starting July 4th, Netflix will raise its monthly subscription fee to ₦8,500.

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Netflix has announced a significant increase in its subscription fees for Nigerian users, effective July 4, 2025. This marks the third price hike in less than a year, following increases in April and July 2024.

📊 New Subscription Rates

The updated monthly fees are as follows:

  • Premium Plan: ₦8,500 (previously ₦7,000) — a 21.43% increase.
  • Standard Plan: ₦6,500 (previously ₦5,500) — an 18.18% rise.
  • Basic Plan: ₦4,000 (previously ₦3,500) — up by 14.29%.
  • Mobile Plan: ₦2,500 (previously ₦2,200) — a 13.64% increase

📈 Reasons for the Increase

While Netflix has not explicitly cited inflation as the sole reason, it acknowledged that pricing adjustments reflect “local market conditions,” including inflation and taxes . The company has also stated that such increases support its strategy to fund new content and enhance user experience .

💰 Impact on Nigerian Consumers

The timing of this price hike coincides with Nigeria’s challenging economic climate, characterized by rising inflation and a 50% surge in data costs by telecommunications operators. These factors may make streaming services less accessible for many households .

For more details on the new subscription plans and their features, users can visit Netflix’s official website or contact customer support.legit.ng

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