Since entering Nigeria in 2016, Netflix has grown its local content library through partnerships and acquisitions

When streaming giant Netflix expanded its footprint to 130 countries in 2016, Nigeria was among the markets it entered. The company began by acquiring local content from producers and soon transitioned into creating original productions, investing $23.6m by 2022.

These original productions have achieved significant milestones. Titles like The Black Book and Jagun Jagun reached the global top ten for English and non-English films, respectively, within a week of their release.

In 2024 alone, Netflix has revised its monthly subscription fees twice. The Premium plan now costs ₦7,000, up from ₦4,400 at the beginning of the year, while the cheapest option—the mobile plan—has increased from ₦1,200 to ₦2,200.

Source:

ShockNG, Netflix, TechCabal, Techpoint

Period:

2016-2024
HTML code to embed chart
Want a bespoke report?
Reach out
Click to copy HTML embed code
Tags
Related Insights
Healthy diet costs rose fastest in Nigeria’s North-West over two years
  • Healthy diet costs rose 49% nationally in two years.
  • North-West states recorded the fastest increases.
  • All seven North-West states rose above the national average.
  • Katsina and Kogi recorded the steepest increases, at 98%.
  • Akwa Ibom had the lowest increase, at 5%.
One adult’s monthly healthy diet takes two-thirds of minimum wage
  • One adult’s healthy diet takes 66% of Nigeria’s minimum wage.
  • The national average monthly cost is about ₦46,230 per adult.
  • Ekiti has the highest burden, at 90% of minimum wage.
  • Six states require over 80% of minimum wage for one adult’s healthy diet.
  • Adamawa has the lowest burden, at 43%.
Israel Adesanya has not won a UFC fight since 2023, suffering four consecutive losses to leave his record at 13-6
  • Israel Adesanya has not won a bout since regaining middleweight gold at UFC 287 in April 2023, marking a nearly three-year drought from the winner's circle.
  • Adesanya has lost his past four consecutive appearances, a sharp contrast to his earlier career, where his elite striking defence made stoppage losses rare.
  • Adesanya has been tested at the highest level and has come up short each time, with all four defeats arriving between 2023 and 2026.
  • Six of his losses have come in the past five years of his career.
13 of all AFCON competitions have been won by the host nation
  • 13 out of 35 AFCON tournaments (37.1%) have been won by host nations
  • A larger share — 22 tournaments (62.9%) — were won by visiting teams.
  • The early AFCON years (1960s–1980s) saw more frequent home wins compared to recent decades.
  • Egypt has the most home-soil victories (3), followed by Ghana (2)
  • Despite high expectations, several hosts have failed to win.
  • Hosting provides crowd support and familiarity, but also brings heightened expectations and pressure.
EbonyLife’s ₦271.6mn revenue per screen places it at the top of the region’s highest-grossing cinemas
  • With revenue per screen of ₦ 271.6 million, EbonyLife Cinemas outperforms other top cinemas in West Africa.
  • Several Genesis and FilmHouse branches fall within the strong mid-tier cluster, with revenue per screen ranging from ₦100 million to ₦160 million.
  • Lower-tier cinemas still generate ₦40 million to ₦70 million per screen
  • Revenue per-screen metric reveals the operational efficiency of the cinemas
The Nigeria Football Federation (NFF) is to receive 1.1% of the 2026 sports budget
  • The NFF’s allocation of ₦2.31 billion is under 1.1% of the total sports budget.
  • The National Sports Commission HQ gets the most, with ₦203.6 billion, over 96% of the total.
  • The National Institute for Sports is to receive ₦4.12 billion, highlighting minimal federal investment in sports development.
  • Budget heavily favours administration over football development and grassroots programs.
POPULAR TOPICS
SIGN UP TO OUR NEWSLETTER
Get periodic updates about the African startup space, access to our reports, among others.
Subscribe Here
Subscription Form
A product of Techpoint Africa. All rights reserved