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Economic challenges: Netflix, Microsoft, other top ‘Multinationals’ that exited Nigeria in 2024

Economic challenges: Netflix, Microsoft, other top 'Multinationals' that exited Nigeria in 2024

Internationally renowned streaming platform, Netflix whom in 2016 established a significant partnership with Nollywood to enhance its presence in Nigeria when it began to collaborate on distribution rights of popular films and production of original content, such as Genevieve Nnaji’s Lionheart, the first Nigerian Netflix original had reportedly made known its intentions to … Read more

Netflix reacts to reports of leaving Nigeria, declares stance

Kunle Afolayan reacts as Netflix exits Nigeria

Internationally renowned streaming platform, Netflix  has refuted reports suggesting that it plans on leaving Nigeria. TheNewsGuru.com(TNG) reports that the streaming giant had made its intention to leave Nigeria known, following the recent inflation figures released by the National Bureau of Statistics, highlighting the worsening economic landscape. Also, renowned Nigerian filmmaker Kunle Afolayan in a now-viral video, disclosed … Read more

NETFLIX Reportedly Set To Leave Nigeria Market

NETFLIX Reportedly Set To Leave Nigeria Market

Internationally renowned streaming platform, Netflix is reportedly set to exit the Nigerian market amidst the nation’s ongoing economic challenges. According to information obtained by Peoples Gazette, the decision comes in light of recent inflation figures released by the National Bureau of Statistics, highlighting the worsening economic landscape. A Netflix official, speaking anonymously ahead of an … Read more

Kunle Afolayan reacts as Netflix exits Nigeria

Kunle Afolayan reacts as Netflix exits Nigeria

Nollywood faces a heavy blow as it is reported that the international movie streaming platform ‘Netflix’ has announced their cancellation of its Nigerian Originals eight years after it was launched. According to NollyWire, Netflix ceased operating in Nigeria since November 2024, and had cut off the financial backing that streaming platforms had been … Read more