This comes after months of speculation and recruitment in the Nigerian music industry. The announcement came via two tweets on Spotify‘s official Twitter handles.
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One tweet reads, “We launch in 80+ new markets over the next few days. See you soon Bangladesh, Pakistan and Nigeria #SpotifyStreamOn“
The company is also set to launch in 80 other markets including Bangladesh and Pakistan, places with high population and a large Gen Z demography.
In 2020, had a Free Cash Flow of €74m while its total monthly active users grew 27% to 345m in Q4. Premium Subscribers grew 24%. Spotify Wrapped campaign also had 90 million users engaged with more than 50m shares. It had 2.2m podcasts and 60m songs.