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The Entertainment Industry Year in Review: 2023 Recap by Olisa Agbakoba Legal (OAL)
The Nigerian entertainment industry is projected to surpass $14.8 billion in revenue by 2025 according to PwC, predominantly driven by internet access contributing up to 85% of this figure. Nigeria’s entertainment sector is among the world’s fastest-growing creative industries, with an anticipated annual growth rate of 8.6% and a 19.3% compound annual growth rate (CAGR) from 2018 to 2023.
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Did you know? The Nigerian entertainment industry is projected to surpass $14.8 billion in revenue by 2025 according to PwC, predominantly driven by internet access contributing up to 85% of this figure. Nigeria’s entertainment sector is among the world’s fastest-growing creative industries, with an anticipated annual growth rate of 8.6% and a 19.3% compound annual growth rate (CAGR) from 2018 to 2023.
Reflecting on an eventful year in Nigeria’s entertainment landscape! As 2023 draws to a close, OAL presents the first-ever Entertainment Industry Year in Review report for 2023.
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Dive into the highs, lows, and groundbreaking moments that shaped Nigeria’s vibrant entertainment ecosystem this year.
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Our report highlights key trends and lists major wins witnessed in the entertainment sector, from music to film and TV.
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