In December he captivated an audience at a conference in Texas, United States, as he narrated the story of his success after failures in some other business ventures. The Nigerian film industry is undoubtedly helping create jobs in a country with an economy that relies mainly on oil and agriculture. Believing that if the industry is properly managed, a million more jobs could be created in the sector, the World Bank is currently assisting the Nigerian government to create a Growth and Employment in States project to support the entertainment industry, along with other industries. Film industry analysts believe that the Nigerian cinema is the most popular on the continent. Nollywood films have a large following in Africa and among Africans around the world. They gained popularity during the digital revolution of the early s when camcorders replaced millimeter film cameras, and digital systems replaced celluloid as recording devices.
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Nigeria’s Nollywood is remaking classic movies to maximize box office revenue in the Netflix era
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Nigeria’s film industry: a potential gold mine?
Afrinolly is a mobile application App which enables African entertainment enthusiasts to watch African movies, movie trailers, short films and music videos that have been made public by content owners or their legal representative most especially from the Nollywood film industry. After winning the competition,  Afrinolly has been downloaded by over 4 million users and has grown to be the most downloaded Entertainment app, designed and developed in Africa. In May , Afrinolly signed a partnership deal with leading African telecommunications provider MTN Nigeria to help drive app consciousness among Nigerians and promote the Nollywood industry on mobile devices. In the same month, Afrinolly announced that it has over , downloads of its app on Android, Blackberry and Java. In February , Afrinolly announced that the app had crossed the 2 million app download mark.
These are the core obsessions that drive our newsroom—defining topics of seismic importance to the global economy. Our emails are made to shine in your inbox, with something fresh every morning, afternoon, and weekend. Despite a story that had strong ties to its prequel, the movie proved a hit, becoming the top-grossing Nollywood film of So why are producers looking to the past at a time when the industry is making rapid progress?