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The shocking announcement came through a statement on its website on Saturday.
The platform however said it would now be focusing on other sections of its services.
The statement reads, “It started as a personal hobby, then grew to a group archive, and then achieved enormous popularity, turning it into a fan favourite. Finally, it is sad for us to say goodbye to movies on Netnaija.
“It was quite a ride while it lasted. It breaks our hearts to break the hearts of our esteemed visitors with this action. We have always pushed it back, but unfortunately, we will be going ahead this time.
“To everyone who contributed to the growth in any way, be it visiting, requesting, recommending, or any other means, we thank you and highly appreciate you.
“To our legion of soldiers who represent us around social media and fight our battles, we thank you especially.
“We hope we will continue to have you as we now focus on other sections of our services.”
