Nigeria’s film industry, known as Nollywood, has emerged as a significant player on the global stage, boasting a valuation of $6.4 billion.
Over the past four years, the sector has attracted international attention, driven by a rising demand for high-quality productions and culturally resonant storytelling.
While Nollywood has yet to reach the heights of its music industry counterpart, it has shown remarkable growth in 2024, with September releases such as Queen Lateefah and Farmer’s Bride cumulatively grossing over $244k within weeks and still showing in cinemas.
Read more at Nairametrics
Over the past four years, the sector has attracted international attention, driven by a rising demand for high-quality productions and culturally resonant storytelling.
While Nollywood has yet to reach the heights of its music industry counterpart, it has shown remarkable growth in 2024, with September releases such as Queen Lateefah and Farmer’s Bride cumulatively grossing over $244k within weeks and still showing in cinemas.
Read more at Nairametrics
