In Nigeria, Africa’s most populous nation with over 200 million people, the idea of building a successful local streaming platform sounds promising. Yet, the reality is grim: Low subscriber numbers and economic challenges make it a tough sell. Industry insiders argue that Nigeria likely doesn’t have up to 10 million active paying subscribers for video streaming services, a figure too small to support a profitable local platform. This scarcity, combined with high data costs, funding woes, and competition from global giants, has led some to ca
In Nigeria, Africa’s most populous nation with over 200 million people, the idea of building a successful local streaming platform sounds promising. Yet, the reality is grim: Low subscriber numbers and economic challenges make it a tough sell. Industry insiders argue that Nigeria likely doesn’t have up to 10 million active paying subscribers for video streaming services, a figure too small to support a profitable local platform. This scarcity, combined with high data costs, funding woes, and competition from global giants, has led some to ca