Netflix has officially responded to ongoing speculations about its possible exit from the Nigerian market amid economic challenges and regulatory pressures.
According to DAILY POST, rumours had been circulating that Netflix was pulling out of Nigeria, but the streaming giant has firmly dismissed these claims. In a statement shared with TechCabal, Netflix emphasized its commitment to its Nigerian operations.
“We are not exiting Nigeria. We will continue to invest in the country’s stories to delight our members,” the company stated.
Netflix, which entered the Nigerian market in 2016, has played a key role in bringing local content to a global audience and remains dedicated to supporting local storytelling.
The statement underscores Netflix’s intent to maintain a strong presence in Nigeria by continuing its investment in local stories and enriching its audience’s viewing experience.