Netflix has officially dismissed rumors of its exit from Nigeria, following speculations that the company might be leaving the country due to economic challenges and regulatory pressures. In a statement issued to TechCabal, Netflix reaffirmed its commitment to continuing operations in Nigeria.
The company responded to the viral reports that suggested a potential withdrawal from the Nigerian market, emphasizing that it remains fully engaged and dedicated to expanding its services in the country. Despite the ongoing economic and regulatory challenges, Netflix assured its Nigerian subscribers that it has no plans to exit the market.
The statement comes in response to growing concerns within the industry regarding the sustainability of international companies operating in Nigeria amidst the current economic environment. However, Netflix’s clarification signals its resolve to maintain its presence and contribute to Nigeria’s entertainment sector.
