Top 5 News and Magazines Apps Performance in Nigeria Q3 2024

In the third quarter of 2024, Nigeria's top news and magazines applications demonstrated varied performance trends on a unified platform, as revealed by Sensor Tower data.

Medium from A Medium Corporation showed a notable fluctuation in weekly revenue, starting at around $159 and dropping to $76 mid-quarter, before rising again to approximately $175 by the end of September. Weekly downloads peaked at 3.5K in early September, while weekly active users started at 14K and saw a decrease, finishing the quarter at 11.2K.

Bloomberg: Finance Market News experienced a steady weekly revenue increase, culminating at $213 in the last week of September. The app's downloads remained relatively stable, with a slight peak at 487 in the second week of July. Active users hovered around 2.3K throughout the quarter, ending slightly higher at 2.2K.

The Economist - News, Podcasts saw a significant spike in revenue, reaching $374 by the end of September. However, downloads remained modest, fluctuating between 67 and 149 downloads per week. Active user numbers remained consistent, with a slight decline towards the end of the quarter, closing at 711.

Le Monde, Live News maintained a low revenue throughout the quarter, peaking at $111 in mid-August. Downloads gradually increased, with a noticeable rise to 248 by the end of September. Active users also saw growth, starting at 351 and reaching a high of 562 by the quarter's end.

The New York Times: Live News experienced fluctuating revenues, peaking at $77 in late August. Downloads remained stable, ranging from 120 to 289 per week, while active users showed a slight recovery from 1.3K in late July to 1.5K by the end of September.

These insights into the performance of news and magazines apps in Nigeria during Q3 2024 were provided by Sensor Tower, offering a comprehensive view of the digital media landscape in the region. For more detailed insights, visit Sensor Tower.