• The Entertainment Industry Year in Review 2023 Recap by Olisa Agbakoba Legal OAL

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.
 
Dive into the highs, lows, and groundbreaking moments that shaped Nigeria’s vibrant entertainment ecosystem this year.
 
Our report highlights key trends and lists major wins witnessed in the entertainment sector, from music to film and TV.

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