Online audio streaming platform, Spotify, has announced an immediate increment in price for its premium subscribers in Nigeria by over 40%.
In a statement announcing the price increase, the platform said the hike in the fee would allow the team to continue innovating on its product offerings and features, providing users with the best experience.
In the notification, Spotify informed that starting from their billing date in November, their subscription price would change from ₦900/month to ₦1,300/month.
The latest price update puts the Premium subscription plan at ₦7,000 ($4.40) monthly, up from the initial ₦5,000 ($3.14), indicating a 40% rise.
The platform had in April, hiked its Premium Plan price from ₦4,400 ($2.76) to ₦5,000 ($3.14).
However, it added that users who do not wish to continue paying for Premium at the new price can cancel via their account page.
Spotify has also introduced Offline Backup to its Premium users globally, allowing them to listen to music offline without needing to download, with the
Offline Backup appearing in the Home feed when users are offline, and can listen to more than five songs once they have offline listening activated.