Development and Support to Specific Nigerian Sectors

The creative industry is one of the fastest-growing sectors in Nigeria. Today, the Nigerian film industry is rated second place globally in the number of videos produced each year, and provides more jobs in the country than any private sector employer except agriculture.

The entertainment and media market is dominated by internet access revenue and is estimated to reach $10.8 billion by 2023 – Nigeria is one of the world’s fastest-growing internet advertising markets

The cinema industry is projected to experience an increase in box office revenue, reaching $18.3 million in 2023 from $12 million in 2018, equating to 50% growth over the period.

The interplay of creativity and technology presents an opportunity for massive job creation, revenue growth and export earnings when all the potentials are appropriately harnessed. The youth population in particular would benefit from opportunities presented by a well-oiled Nigerian Creative Industry in Nigeria, given that the United Nations estimate that 62% of the country’s population are below the age of 25 years. The funding BOI provides ensures that they are able to generate higher income, secure better partnerships and tax incentives, create more impact and reach a larger audience.


BOI has consistently provided financial and business advisory support for the creative industry through the various subsectors

Creative Industry Funds

Development and Support to Specific Nigerian Sectors

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We believe that supporting developing industries such as the creative industry is necessary to achieve our goal of economic transformation. Let us work with you to achieve success and sustainable growth.