MBO Capital Boosts Nollywood Films by N9bn, says ED

•Adekunle Adebiyi

MBO Capital Management Limited declared that it has channelled more than N9 billion into Nigerian film productions since 2017.

The Executive Director (Investments), MBO Capital Management, Adekunle Adebiyi, disclosed this during the second edition of the Film Financing Conference hosted by the company in Lagos.

He told financiers, filmmakers and industry executives at the conference that the industry is entering a phase where disciplined financing, data-driven distribution, and diversified revenue streams will determine its long-term profitability.

” Nollywood has achieved global cultural relevance, translating that influence into consistent financial returns requires stronger collaboration between creatives and institutional investors,” he said.

The Vice President, Investments of MBO Capital Management Limited, Folajimi Alli-Balogun, said Nigeria’s film industry must aggressively expand beyond domestic borders to attract serious investment and deliver sustainable returns, warning that current box office performance does not justify rising production budgets.

Alli-Balogun said while Nollywood has grown significantly over the years, its commercial structure remains weak, particularly in distribution and revenue recovery.

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