Netflix, Google, Microsoft Adjust Naira Prices Amid Inflation.
Top Tech Firms Increase Prices in Nigeria Amid Inflation
Netflix, Google, Microsoft, DSTV, and GOtv have raised subscription prices in Nigeria due to soaring inflation and the naira’s devaluation.
- Netflix: Increased plans; Premium to N7,000, Standard to N5,500, Mobile to N2,200, Basic to N3,500.
- Google: Hiked subscription costs for services.
- DSTV/GOtv: Prices up by 25-26% across packages.
- Microsoft: Subscription for Microsoft 365 surged from N26,999 to N49,999.
The naira’s value fell from N768/$ to N1609/$ within a year, exacerbating the economic strain.