Netflix has raised its subscription prices in Nigeria for the third time in under a year, marking the first increase in 2025.

According to updates on the company’s website, the Premium plan now costs ₦8,500 per month, up from the previous ₦7,000.

The price hike comes amid ongoing inflation and economic pressures, which may be influencing the streaming giant’s pricing strategy in the region.

The Standard plan jumped to ₦6,500 from ₦5,500.

The Basic plan rose to ₦4,000 from ₦3,500, and the Mobile plan is for ₦2,500, up from ₦2,200.

This follows two earlier price hikes by Netflix in April and July 2024.

Nigeria is currently dealing with rising living costs, a weakening naira, and record-high inflation.

These economic challenges have been worsened by recent tariff hikes across key sectors.

Telecom providers have increased their rates by up to 50%, citing higher operational expenses driven by inflation, foreign exchange instability, and energy costs.

In the pay-TV sector, MultiChoice, the parent company of DStv and GOtv, raised its subscription fees effective March 1, 2025.

Netflix is yet to issue any statement addressing the recent subscription price hike in Nigeria.