Popular streaming service, Netflix has reacted to reports that it is planning to leave Nigeria.
The reaction followed speculations online that Netflix is planning to exit the Nigeria market due to the country’s economic woes, challenges, as well as regulatory pressures.
Reacting to the viral reports, Netflix in a response sent to TechCabal, stated that it remains firmly committed to its operations in Nigeria
While dismissing the rumors, the firm said it will continue to invest in Nigerian stories to delight its audience.
“We are not exiting Nigeria. We will continue to invest in the country’s stories to delight our members.”
DAILY GIST recalls that Netflix entered the Nigerian market in 2016.
It has elevated many local content to a global audience.
Netflix offers a wide variety of award-winning TV shows, movies, anime, documentaries.