Streaming giant Netflix has dismissed rumors of its alleged exit from Nigeria, citing a continued commitment to its operations in the country.
Speculations had circulated that Netflix was planning to leave Nigeria due to economic challenges and regulatory pressures. However, in a statement to TechCabal, the company categorically denied the claims, emphasizing its dedication to supporting Nigerian content and creators.
“We are not exiting Nigeria. We will continue to invest in the country’s stories to delight our members,” the statement read.
Since entering the Nigerian market in 2016, Netflix has played a significant role in showcasing Nigerian films and series on a global stage, elevating local talent and storytelling.
The company’s reassurance underscores its role in promoting Nollywood and maintaining a strong presence in Nigeria’s creative industry.
