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Netflix Reaffirms Commitment to Nigeria Amid Speculation of Exit.

Ikechukwu Emmanuel

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In response to recent speculation regarding its potential departure from Nigeria, Netflix has firmly denied any intentions to exit the Nigerian market. Reports surfaced following comments from prominent Nigerian filmmaker Kunle Afolayan, who revealed in a viral video that Netflix had canceled several commissioned projects, leading to concerns about the streaming giant’s commitment to the region.

Afolayan, reflecting on his partnership with Netflix, expressed disappointment over the perceived dissatisfaction with local returns despite the global success of the films produced under their collaboration. He noted, “Three years ago, when we signed the three-film deal with Netflix, it was really exciting,” and lamented that many other projects were canceled while his team completed seasons two and three.

In an official response to these developments, Netflix reiterated its dedication to Nigeria’s burgeoning creative industry. Edafe Onoriode, Group Account Director at Hill and Knowlton Strategies, representing Netflix, stated, “We are not exiting Nigeria. We will continue to invest in Nigerian stories to delight our members.”

Since its entry into the Nigerian market in 2016, Netflix has established a significant partnership with Nollywood, initially acquiring distribution rights for popular films and later producing original content, including Genevieve Nnaji’s *Lionheart*, the first Nigerian Netflix original film. This commitment underscores Netflix’s strategy to enhance its presence in Nigeria and support the local creative community.

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Entertainment

Val Kilmer, Acclaimed Actor, Passes Away at 65.

Ikechukwu Emmanuel

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Hollywood mourns the loss of Val Kilmer, the acclaimed actor known for his diverse and memorable roles, who passed away in Los Angeles on Tuesday at the age of 65. His daughter, Mercedes Kilmer, confirmed the news.

Kilmer, a prominent figure in 1990s cinema, achieved widespread recognition for his performances in iconic films such as “Top Gun,” “The Doors,” where he embodied Jim Morrison, and “Tombstone,” where he portrayed Doc Holliday. He also donned the cowl as Batman in “Batman Forever.” His extensive filmography includes significant roles in “Heat,” “The Saint,” “Willow,” and the recent “Top Gun: Maverick.”

Beyond his on-screen achievements, Kilmer’s career was marked by periods of controversy and fluctuating box office success. He was reportedly diagnosed with throat cancer in 2014, though he later recovered.

Val Kilmer’s talent and dedication to his craft will undoubtedly be remembered by audiences for years to come.

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Mayorkun Considers Relocation Amidst Rising Trend of Nigerian Celebrities Abroad.

Ikechukwu Emmanuel

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Afrobeats artist Mayorkun, known for hits like “Mayor of Lagos,” has publicly expressed his contemplation of relocating abroad. In a recent post on X, the singer stated, “I dey reason to japa [relocate].”

Mayorkun’s sentiment echoes a growing trend among Nigerian celebrities. The past decade has witnessed a significant exodus, with notable figures such as Tacha, Eldee, and Genevieve Nnaji among those who have chosen to relocate. This trend, further exemplified by Banky W’s move to the United States for educational pursuits last year, highlights concerns regarding current socio-economic conditions within Nigeria. The reasons behind these decisions are multifaceted and warrant further observation as more prominent figures weigh similar options.

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AY Comedian Voices Concern Over Nigerian Bank Service Charges.

Ikechukwu Emmanuel

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Popular comedian and filmmaker, Ayo Makun, known widely as AY, has recently ignited a debate regarding the prevalence of exorbitant service charges levied by Nigerian commercial banks. Taking to his X (formerly Twitter) handle, AY questioned the rationale behind the substantial profits reported by these institutions amidst a challenging economic climate.

His statement, “Where do banks get the trillions they declare as profits every quarter, even in a struggling economy? The small charges and debits on our accounts need to be challenged. Many of these fees are unique to Nigeria. Why is that? #BankingFees #Nigeria #Transparency #Shalom,” underscores a growing public sentiment of frustration.

AY’s concerns resonate with many Nigerians who face a barrage of service fees considered unusual compared to banking practices in other regions. The call for transparency and a reassessment of these fees is likely to fuel further discussion regarding the regulatory oversight of the Nigerian banking sector.

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