Nollywood: Funding Africa’s biggest BOX Office
03 December 2017 |
5:00 am
In 2016 Nollywood’s combined box office topped N3.5 billion ( $11.5 million) with local movies generating 30% in sales. To some, that's insignificant but to Bank of Industry, that is outstanding.
Related
Related
12 Sep 2019
While waiting for the first batch of Nigerian returnees from South Africa after recent hostilities to foreign nationals in the rainbow nation. To share some plans to resettle the returnees and more, Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa joins CNBC Africa’s Christy Cole for more.
7 Oct 2019
Deyemi Okanlawon, Juliet Ibrahim and Osas Ighodaro discuss what makes a better actor and tips on having a better career in acting and movie production.
4 Nov 2019
Nigerian Army partners Nollywood to tell military operation stories.
1 Dec 2019
The Managing Director and CEO of the Bank of Industry (BOI) in Nigeria, Olukayode Pitan, says the bank signed agreements with four major banks at the 2nd Africa Investment Forum in Johannesburg. He discussed their plans with CNBC Africa’s Kopano Gumbi at the forum.
14 Dec 2019
The CEO of Nigeria's Bank of Industry Olukayode Pitan says the idea of the Affirmative Finance Action for Women in Africa is to make lenders do more for women. CNBC Africa's Kenneth Igbomor caught up with him on the sidelines of the Global Gender Summit after they signed a letter of intent on the AFAWA risk-sharing facility.
12 May 2020
How Nollywood actor, Bilal Nosser, was abducted
31 Jul 2020
Since 2015, when Kunle Afolayan’s October 1st was onboarded to Netflix, more and more Nigerian films have made their way to the platform. This has become more frequent in recent months. And also, during this pandemic period, one of the things that have kept Millions sane over time is streaming giant – Netflix. So we bring to you the top 10 Nollywood films on Netflix.
12 Sep 2020
Nigeria is the world's second-largest producer of movies. But since the COVID-19 lockdowns began, it has lost millions of dollars. Artists and filmmakers are struggling to survive — and are now looking for alternatives.
16 Feb 2021
It's not just boy meets girl but also Bollywood meets Nollywood in a film released by Netflix on Valentine's Day, and created by an Indian-Nigerian restaurateur.
25 Mar 2021
“The economy will recover and as it recovers from the effect of the pandemic, I do see a period of some growth,” Toyin Adeniji, Executive Director of the BOI said in a chat with GuardianTV. She said the country has had time to “build some business-friendly policies” that will make Micro Small and Medium Enterprise (MSME) cluster.
Nigeria’s daily oil production hits 1.57 million barrels, Nollywood star Bruno Iwuoha dies at 68
10 Apr 2021
Here are a few reasons to pick up a copy of The Guardian on Sunday. Find these stories and much more when you grab a copy of The Guardian on Sunday.
27 Nov 2021
Nigeria has the second largest film output in the world, but many filmmakers struggle with low budgets and barely make a profit. But streaming platforms are giving a boost to African films.
Latest
54 mins ago
Britain has given the go-ahead to the development of Rosebank in the North Sea. Located 130 kilometres northwest of the Shetland Islands, it's the largest untapped oil field in the UK and is estimated to contain up to 300 million barrels of crude. The government argues Rosebank will help bolster Britain's energy security, but environmental groups disagree. Plus, in a major blow to TikTok, Indonesia has banned trading of goods on social media platforms, saying it’s harming millions of physical retailers.
56 mins ago
The West African country's military government — which seized power from a different junta a year ago — said it has detained four people for attempting a coup.
1 hour ago
Hundreds of Russian soldiers have deserted, but many do not have passports and are trying to get to safety in the West for fear of extradition. DW spoke to three of them.
1 hour ago
The maritime rescue group has won the Right Livelihood Award for its life-saving missions helping imperiled migrants on the Mediterranean Sea.
2 hours ago
A court in Ho Chi Minh City handed down a 3-year prison sentence to leading climate activist Hoang Thi Minh Hong on charges of dodging taxes during the time she ran a climate non-profit group called Change.
2 hours ago
The ballot hadn't been expected until spring next year. But Egypt's National Election Authority announced this week that the country would be holding its presidential vote in December, amid its worst-ever economic crisis. The vote is already fraught with accusations of repression. Human rights groups say at least 35 opposition supporters have been arrested in recent months. Our Cairo correspondent Eduard Cousin tells us more.