growing to world's standard by the day. The industry has
improved so rapidly that regular contemporary home videos
are being replaced with box office and cinema flicks. Movie
producers are now investing more capital in making films that
have raised the quality of films in Nigeria.
This improvement has not gone unnoticed as the industry has
made an average of N1.72 trillion in 2013.
In the last five years, the industry has been growing in terms
of quality. Little wonder it has been rated the third most
valuable movie industry in the world, behind Hollywood and
Bollywood. The development has also impacted on returns.
Just as it has ranked third globally in terms of quality of
production, it has grossed revenues that placed it on the same
level.
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