The Nigeria Internet Registration Association (NiRA) has officially announced a significant price increase for .NG domains, which is set to take effect from February 1, 2025. This price adjustment affects both second-level and third-level .NG domains, with increases of up to 200% in some cases.
Breakdown of the New .NG Domain Prices
According to updates from domain registrars like DomainKing.ng and SmartWeb.com.ng, here’s what the new pricing structure looks like:
- Second-Level Domains (.NG) – ₦15,000 (previously ₦8,000)
- Third-Level Domains (.COM.NG, .ORG.NG, .NET.NG, .SCH.NG, .I.NG, .MOBI.NG, .NAME.NG) – ₦7,000 (previously ₦2,500)
- Government Domains (.GOV.NG) – ₦15,000
- Tertiary Institutions Domains (.EDU.NG) – ₦15,000
Why is NiRA Increasing .NG Domain Prices?
NiRA clearly stated that the price hike is necessary to ensure sustainability and growth of the .NG domain ecosystem. The last major price adjustment occurred years ago, and rising operational costs have made this increase unavoidable.
What This Means for Website Owners
If you have a website for business, freelancing, or personal, here are important things you should note:
- Renew Now to Lock in Lower Prices – Since the new prices take effect on February 1, 2025, domain owners can renew for up to 5 years at current rates before the increase.
- New Domain Registrations Will Cost More – If you’re planning to register a new .NG domain, doing so before February 2025 can save you money.
- All Overdue Invoices Become Invalid After February 2025 – Any pending domain renewal invoices that are not settled before the deadline will be automatically adjusted to the new pricing.
What’s Next?
If you own a .NG domain, now is the best time to renew at the current price before the increase. For more details or inquiries, domain owners are encouraged to reach out to their respective registrars.
Stay tuned to NaijaKnowHow for more updates on domain pricing and tech industry trends in Nigeria.