Elon Musk’s X Raises Monthly Subscription Prices, Nigerians Affected [Video]

• Microblogging site X has announced changes in its premium subscription fee for Nigerians looking to subscribe
• The new fees took effect from December 21 for new subscribers, reflecting the performance of the naira in the exchange market
• X is one of the most influential social media platforms in the world, with 5.75 million Nigerians reported to be active on the platform

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

X, formerly known as Twitter and owned by the world’s richest man, Elon Musk, has increased its monthly subscription fees for Premium+ tier subscribers globally.

Nigeria was not left out, as the company raised its Premium+ tier monthly subscription fee from N22,550 to N34,000.

In the United States, the monthly ratefor Premium+ has increased to $22, …