Netflix raises subscription fees in Nigeria following recent April hike
This latest price increase marks the second adjustment by the platform within three months in Nigeria.
This latest price increase marks the second adjustment by the platform within three months in Nigeria.
The changes come as Netflix continues to ramp up its monetisation efforts on the platform.
Growth has been led by the EMEA region, which saw 3.95 million paid net additions in Q3.
Netflix has announced the move after it lost 200,000 subscribers during its most recent quarter.
Post release of the report, Netflix shares marked a 12.4% jump in value in after-hours trading.