Media and Entertainment

NCDMB achieves 54% local content growth
December 6, 2024

The Nigerian Content Development and Monitoring Board (NCDMB), yesterday said it has achieved 54 per cent...

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Nollywood movies hit N3.5 billion in box office revenue for 2024
November 22, 2024

Nollywood has hit an unprecedented milestone, grossing over $2.09 million year-to-date (YTD) at the Nigerian box...

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Nigerian Box office revenue to hit N50 billion in 4 years – CEAN President
November 8, 2024

Nigeria’s film industry, known as Nollywood, has emerged as a significant player on the global stage,...

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Foreign investments in Nigeria’s telecom sector peak at $304 million in half-year 2024
October 17, 2024

The Nigerian telecom sector has seen an improvement in foreign direct investments this year as it...

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Unlocking Africa’s creative potential: Beyond Limits releases DICE 2.0 industry insights report
September 9, 2024

Beyond Limits has released the official post-event report on the second edition of DICE, its ecosystem...

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Nollywood to overtake Hollywood captures 50% of Nigerian Box Office revenue in first half 2024
August 2, 2024

The Nollywood film industry is on track to surpass Hollywood in Nigerian box office revenue contribution,...

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Nigerian box office crosses N5 billion in revenue so far in 2024
July 23, 2024

The Nigerian box office has grossed over $3 million within the first seven months of 2024,...

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Report: Nigeria Growing Fast In $1trn Advertising Revenue Projection
July 19, 2024

Despite economic headwinds, technological disruption and increased geographic and industry competition, the global advertising revenue is...

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Nollywood accounts for 39% of box office revenue in 2023
June 24, 2024

Nollywood movies account for 39% ($1.9 million) of the total box office revenue of $5 million...

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Nigerian Box Office set to hit N10 billion revenue in FY2024
June 21, 2024

The Nigerian box office is expected to reach $6.7 million in revenue from cinema ticket sales...

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Hike in movie ticket prices drives Nigerian cinema’s N2.25B revenue in Q1 2024
May 22, 2024

The Nigerian cinema industry recorded a revenue of $1.5 million from ticket sales in the first...

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Spotify: Nigerian artists earn N25 billion from streaming in 2023
May 10, 2024

The company disclosed this in its annual Loud & Clear report focusing on the Nigerian market....

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