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The Surging Entertainment Industry Of Nigeria

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The Surging Entertainment Industry Of Nigeria

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  1. SPREAD DIGITAL THE SURGING ENTERTAINMENT INDUSTRY OF NIGERIA You'll be surprised to know that Nollywood happens to be the second-largest employer in the country, supporting the livelihood of more than a million employees in Nigeria.

  2. Take the case of chemistry graduate Jason Njoku; He's the founder of Iroko Partners and Africa's largest distributor of Nigerian movies. He recently appeared in the Forbes issue as well for being rated amongst top 10 successful and inspiring young African millionaires to watch out for. Several reputable  Nigeria newspaper online  portals also covered the story.

  3. There is no question that the Nigerian movie industry is contributing significantly towards creating employment in a nation where the economy relies primarily on oil extraction and farming. The Nigerian movie business, also popularly referred to as 'Nollywood', produces nearly 50 - 70 films each week, which is second only to India's Bollywood — but more than Hollywood in the US. Even though its sales aren't on par with that of Bollywood and Hollywood, Nollywood nevertheless manages to raise anywhere between USD 500 million and USD 1 Bn a year. The industry is offering livelihood to more than 300,000 people directly and another 1 million people indirectly.

  4. AFREXIMBANKIN CAPITALISATION MODE As reported by the local  Nigeria newspaper online  portals, Afreximbank representatives made it amply clear that the bank is aggressively seeking ways to collaborate with the productive industry to promote and export African films, music, fashion and other creative works of origin to the rest of the globe. International online streaming giants such as Netflix are starting to push in recent times too, by picking up some Nigerian movies. To know more about the latest happenings in the world of entertainment and cover stories of Nigeria newspaper online, visit us now at Spread Digital.

  5. CONTACT INFO MAILING ADDRESS Abuja, Oyo State, Nigeria EMAIL ADDRESS news@spread.ng PHONE NUMBER +2348067490978

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