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    Israel and Iran agree on ceasefire – Trump

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    Breaking: Iran launches missiles at US bases in the Middle East

    US military strikes Iran

    US military strikes Iran

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    France launches mandatory online visa appointments for travelers

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    Federal Government declares June 6 and 9 public holidays

    Federal Government declares June 6 and 9 public holidays

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    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

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    CBN ends free ATM withdrawals for other banks’customers

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    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

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    Nigeria renews $2 billion currency swap deal with China to boost bilateral trade

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Number of Movies produced in Nigeria falls 54% – NBS

Monday, 17 May 2021, 11:29 am
in News, Nigeria
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Number of Movies produced in Nigeria falls 54% – NBS
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The number of movies produced in Nigeria in the first quarter of 2021 dropped to 416 from 903 produced in the fourth quarter of 2020. This represents a 53.93% decrease quarter-on-quarter, according to the Nollywood Movies Production Data released by the National Bureau of Statistics (NBS).

When compared to the number of movies produced in the first quarter of 2020 (407 movies), the Q1 2021 figure shows an increase of 2.21% year-on-year.

By Location Lagos has the highest number of movies produced in Q1 2021. A total of 149 movies were produced in Lagos, it was closely followed by Onitsha with a total of 140 movies.

Benin and Bauchi recorded the least with 2 movies each respectively. Other locations are Abuja (107), Port-Harcourt (12), and Kano (4)

Read also: Stocks you can buy today and still qualify for the dividend

Nigeria recorded the highest number of productions in 2020 since NBS started keeping record in 2017.  The Total number of movies produced in 2020 jumped by 271.3% to 2,599 from 700 movies in 2019.

According to NBS, 450 movies were produced from Q2 to Q4 2017 while a total of 565 were produced in 2018.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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