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CNN’s Feature On Nollywood And The 4 Facts You May Not Know About Nollywood – The Mighty Economic Machine

   

Nollywood is BIG. At home and abroad. And in many countries across Africa beyond, the stars have become household names.

Murder-at-Prime-Suites

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.

SEE ALSO: SEVEN Women To Watch Out For In Nollywood This Year

The article featured an info-graphic with the following facts not so many know:

  1. Nollywood employs over 1 million people
  2. Nollywood generates $600 million dollars for the Nigerian economy annually
  3. Nollywood is the second largest employer after Agriculture
  4. Nollywood produces about 50 movies per week

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