Social media was abuzz in the early hours of Thursday with rumours of Netflix exiting Nigeria, sparking debates and widespread speculation.

However, the streaming giant has swiftly debunked these claims, reiterating its dedication to the Nigerian market and its rich storytelling culture.

In an exclusive statement issued by the Netflix spokesperson, the streaming platform vehemently denied the rumours.

“We are not exiting Nigeria. We will continue to invest in Nigerian stories to delight our members.”

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This clarification follows a wave of reactions that had left Nigerian Netflix subscribers concerned about the platform’s future in the country.

Netflix’s statement reaffirms its long-standing commitment to Nollywood and the broader Nigerian entertainment sector.

The platform has been instrumental in promoting Nigerian content to global audiences, with successful original productions like Blood Sisters, Aníkúlápó, and King of Boys: The Return of the King.

These projects have elevated Nigeria’s film industry, attracting international acclaim and showcasing local talent on a grand scale.

Over the years, Netflix has forged partnerships with Nigerian filmmakers and content creators, funding diverse projects ranging from romantic comedies to socially relevant dramas.

These collaborations have bolstered Nollywood’s position as a leading film industry and underscored Netflix’s role as a major player in Nigeria’s streaming space.

As the rumors are put to rest, subscribers and filmmakers alike can look forward to more groundbreaking Nigerian stories on Netflix, reinforcing its position as a key stakeholder in the country’s creative economy.