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In recent years the Nigerian Film industry has evolved into the third largest film producing industry in the world. According to industry analysts, the country's brash film industry - dubbed "Nollywood" is worth nearly US$200 million a year in revenues, making it the third-largest box office in the world after the United States and India.

Nollywood generates over sixty movie titles each month and has become one of the major sources of employment in Nigeria In 2004 alone, it generated regulated revenues of over US$65 million.

Though made cheaply with budgets of about only $10,000 to 15,000, Nigerian movies have become huge hits across sub-Saharan Africa and throughout the African Diaspora.

Nollywood movies are in regular demand by primetime television audiences within most of sub-Saharan Africa’s viable television advertising markets with story themes ranging from tales of love, fidelity, witchcraft, demonic family ties, and unshakable Christian faith.

In Nigeria alone, an average movie will easily achieve sales of around 50,000 copies and a "blockbuster" four times that, within a week of release. Although currently thriving, the industry is still in need of significant investment in order to ensure long term sustainability.

Please visit:
» nollywoodmovies.homestead.com
» www.nollywood.com
» www.naijarules.com
for more information.