Streaming leader Netflix has refuted rumors regarding its supposed withdrawal from Nigeria, reaffirming its commitment to the local creative community.

This clarification came in response to speculation ignited by comments from Nigerian filmmaker Kunle Afolayan, who suggested that some commissioned projects might be canceled.

Afolayan, recognized for his collaboration with Netflix, voiced his disappointment over the platform's recent choices, despite the international acclaim of his works.

His statements raised alarms about Netflix's prospects in the Nigerian market.

In response, Netflix assured stakeholders of its dedication to Nigerian narratives and its continued investment in the sector.

“We are not exiting Nigeria. We will continue to invest in Nigerian stories to delight our members,” a Netflix spokesperson stated.

Since its entry into Nigeria in 2016, the platform has partnered with Nollywood to produce and distribute popular content, including the first Nigerian Netflix original, Lionheart.

Although Nigeria represents a small fraction of Netflix's African subscriber base, the company's footprint is expanding, with forecasts indicating a rise in subscriptions in the years ahead.