Netflix speaks over alleged plans to exit Nigeria

Netflix has finally broken its silence over its alleged exit from Nigeria.

IDeemlawful reports that there are speculations that Netflix has exited the Nigeria market due to the country’s economic challenges, as well as regulatory pressures.

Reacting to the viral reports, Netflix in a statement 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.”

It was earlier reported that Netflix which entered the Nigerian market in 2016, has elevated many local content to a global audience.