The Chief Executive Officer of Nile Media Group, Moses Babatope, said, “We are taking a grand approach to transform the industry. Seeing how much we have grown over the years, our vision is not only to celebrate and amplify African stories globally but also to create more revenue streams and deliver exceptional returns for our investors.

“By leveraging cutting-edge technology and tapping into the vast pool of African talent, we are aiming to set new industry standards and drive significant economic growth. This is an exciting time for us, and we are happy to reshape the future of African entertainment.”

The launch of Nile Media comes as the Nigerian entertainment industry continues to grow, contributing around five per cent to the country’s gross domestic product.

It disclosed that it would focus on film production, distribution, cinematic experiences, and talent development, highlighting the best of Nigerian storytelling.

According to the group, it operates through five entities: Nile Entertainment, Nile Cinemas, Nile Motion Pictures, Nile Studio Lab, and the Nile Foundation.

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