Nollywood is BIG. At home and abroad. And in many countries across Africa beyond, the stars have become household names.
CNN.com’s Africa View feature on Nollywood yesterday covered several facts many Nigerians already know. From the star power to the high output-low profit and also the rise of the now popular streaming service – IrokoTV.
The article featured an info-graphic with the following facts not so many know:
- Nollywood employs over 1 million people
- Nollywood generates $600 million dollars for the Nigerian economy annually
- Nollywood is the second largest employer after Agriculture
- Nollywood produces about 50 movies per week