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AI Insights · Timothy · April 2024

Top 5 News and Magazines Apps in Nigeria Q1 2024

An overview of the top-performing News and Magazines apps in Nigeria for Q1 2024, highlighting their download, revenue, and active user trends.

Top 5 News and Magazines Apps in Nigeria Q1 2024

The first quarter of 2024 showcased varied performance trends among the top News and Magazines apps in Nigeria. Here’s a detailed look at how these apps fared on the unified platform.

Medium saw consistent weekly downloads, peaking at around 2.9K in early March. Revenue fluctuated, peaking at approximately $215 in the first week of January. Weekly active users experienced a general increase, reaching around 9.4K in early March before stabilizing at approximately 8.9K by the end of the quarter.

For Bloomberg: Finance Market News, weekly downloads remained steady, averaging around 400 throughout the quarter. Revenue showed significant variation, with a high of $376 in late January and a low of $60 in mid-March. Active users maintained a stable range, peaking at about 2.2K towards the end of March.

The New York Times experienced moderate weekly downloads, with the highest being 232 in mid-March. Revenue fluctuated, peaking at $105 in early March. Weekly active users showed minor increases and decreases, averaging around 1.6K throughout the quarter.

Le Monde, Live News had a notable spike in downloads in early February, reaching 273. Revenue remained relatively low, peaking at $20 in early February. Active users peaked at 447 in early February and stabilized around 320 by the end of the quarter.

The Economist - News, Podcasts maintained a steady download rate, peaking at 223 in mid-March. Revenue varied, with highs of $263 in late January and lows of $54 in mid-February. Active users showed a gradual increase, peaking at 878 in mid-March.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024