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Nigerian Entertainment Industry Set to Reach $13.6bn by 2028

Business1 min read
Nigerian Entertainment Industry Set to Reach $13.6bn by 2028

A report by the Rome Business School Nigeria predicts that the Nigerian entertainment industry will grow to $13.6 billion by 2028, positioning it as a global model for export. The report highlights the industry's significant growth potential, with a projected annual growth rate of 8%.

Currently valued at $9 billion, the sector is expected to create millions of jobs by 2025. The report praises Nigerian musicians, filmmakers, digital creators, and fashion designers for reshaping global culture through their creativity and innovation.

The industry's success is attributed to a combination of passion, innovation, and a strong work ethic, positioning Nigeria as a cultural powerhouse on the global stage.

Plus234Feed summary based on reporting from This Day. Read the original report below.

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