• About
  • Contact
  • Advertise
Monday, November 9, 2026
No Result
View All Result
Worldstage News
  • Home
  • NIGERIA
    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu says he’s proud of young Nigerians for being full of ideas, ambition, determination

    Nigeria: PenCom seeks EFCC’s support in tackling pension fraud

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Gov Abiodun commends DSS DG, IGP for rescuing kidnapped victims

    Abiodun hails Appeal Court President for approving Ogun Division

    Abiodun: Over 6,000 Amotekun, So-Safe Personnel ready for Ogun State Police

    Nigerian Army dismisses fake short service recruitment advertisement

    Nigerian Army announces recovery of X handle account after breach by hackers

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    2027 Elections: INEC deploys AI safeguards, explains omission of governorship candidates

    INEC concludes nationwide readiness tour, seeks traditional ruler’s support for peaceful elections

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

  • Entertainment

    MultiChoice owner cuts DStv subscription prices in Nigeria, Kenya, Ghana

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    UNICEF raises alarm over proliferation of sexualised images of youngsters by AI

    UNICEF exposes acute shortage in educational infrastructure, quality instructional facilities across Benue State

    Nigeria: FG strengthens implementation, monitoring of TVET programme with visit to Lagos IDEAS project centers

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG warns public against unauthorized NTI admissions, cancels 2026 NCE, degree intake

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG urges Senate to halt establishment of new federal universities, polytechnics for 7 years

    Nigeria: Minister applauds Tinubu, First Lady on National Library project, warns contractors against delay

    Nigeria: UBEC finalises policy framework to unlock education investments

    UBEC partners Sultan’s Foundation in war against out-of-school children menace

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: TVET trainees appraises programme, applauds govt for delivering on targets

    Nigeria: FG equips 38 technical colleges, offers free training, stipends to youths

    JAMB says no barring of undergraduates from UTME

    JAMB, education experts advise candidates on early preparation against pitfalls that can harm their admission

  • Health
    HEALTH: Between ambition and reality

    Nigeria: Stakeholders in health sector demand urgent intervention in rising breast cancer

    Dexa Group announces plan for multi-million dollar pharmaceutical factory in Nigeria

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola scare in Adamawa but two suspected cases tested negative

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu flags off enforcement of mandatory health insurance in Lagos

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Lagos: Sanwo-Olu to engage doctors on outstanding arrears, welfare

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria, WHO give reason for evacuation of Ebola index patient to Switzerland

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria gets WHO clean bill of health following evaluation of Ebola index patient to Switzerland

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria’s index Ebola virus disease patient leaves for Switzerland – Health Minister

    Nigeria: Lagos confirms drop in malaria prevalence, battles shortage of 30,000 doctors

    Lagos Govt on alert to prevent Ebola 

    • Health and Fitness
  • Media

    Election Campaign: Onanuga urges caution in use of AI

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    MultiChoice owner cuts DStv subscription prices in Nigeria, Kenya, Ghana

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Nigeria: EFCC arraigns woman, company in Lagos over alleged N16.7m Visa fraud

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria boosts intra-African trade with air cargo arrangement with Rwanda

    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

    Nigeria: Minister says evidence based resource allocation, others critical to achieving $1trn economy by 2030

    NNPCL adds 600,000bpd to Nigeria’s oil output, targets 2mbpd by 2027 – Ojulari

    • Politics
    • Opinion
  • World
    UN launches $33b aid appeal with urgent call for global solidarity

    Nigeria, France, Australia push UN action against terrorist bombs

    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    U-17 Women’s World Cup: Speaker Abbas hails Nigeria’s Flamingos on qualification for final

    Nigeria: Education Minister, NIS Director-General Shaibu meet for collaboration on sports education

    Kano Gov unveils Cycling Kano 2025 jersey ahead of Saturday’s event

    2nd Cycling Kano set for December 12, as organizers unveil “Water is Life” Campaign

    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

  • Business
    McNichols Consolidated records 213.5% jump in pretax profit to ₦359.65m in H1 2026

    McNichols Consolidated appoints Ucheoma Victoria Nnamerenwa as substantive Finance Manager

    VFD Group Plc profit doubles to ₦10.06b in H1 2026

    VFD Group Q3 2026 Earnings: Profit soars 96% to ₦13b following rights issue deployment

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    Critical Minerals Financing Corp Q4 2026 Financial Review: Rebranding, debt-to-equity turnaround, and massive liquidity surge

    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

    Guinness Nigeria CEO confident of sustainable growth as company deepens market expansion

    BPP dismisses alleged monetisation of Certificates of No Objection

    Nigeria: BPP unveils digital training portal for MSMEs’ participation in public procurement 

    Japaul Gold test-runs facility, promises big ounces

    Japaul Gold & Ventures sets October 28 for board meeting to review Q3 2026 Financials as share trading closed period takes effect

    NCR Nigeria shareholders approve board appointments, new auditors and director pay at 74th AGM

    NCR Nigeria approves Q3 2026 results, filing deadline and insider trading closed period announced

    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
  • Home
  • NIGERIA
    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu says he’s proud of young Nigerians for being full of ideas, ambition, determination

    Nigeria: PenCom seeks EFCC’s support in tackling pension fraud

    Ogun seeks temporary suspension of lead ingot exports, shuts battery recycling plants in Ogijo

    Gov Abiodun commends DSS DG, IGP for rescuing kidnapped victims

    Abiodun hails Appeal Court President for approving Ogun Division

    Abiodun: Over 6,000 Amotekun, So-Safe Personnel ready for Ogun State Police

    Nigerian Army dismisses fake short service recruitment advertisement

    Nigerian Army announces recovery of X handle account after breach by hackers

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    2027 Elections: INEC deploys AI safeguards, explains omission of governorship candidates

    INEC concludes nationwide readiness tour, seeks traditional ruler’s support for peaceful elections

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

    Tinubu approves Ibom Deep Sea Port at APC presidential rally

  • Entertainment

    MultiChoice owner cuts DStv subscription prices in Nigeria, Kenya, Ghana

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele confirms inspiration by American filmmaker Tyler Perry

    Deejays disown report of Burna Boy’s music ban

    Burna Boy edges Tems as African artiste on billboard Hot 100 entries

    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
    UNICEF raises alarm over proliferation of sexualised images of youngsters by AI

    UNICEF exposes acute shortage in educational infrastructure, quality instructional facilities across Benue State

    Nigeria: FG strengthens implementation, monitoring of TVET programme with visit to Lagos IDEAS project centers

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG warns public against unauthorized NTI admissions, cancels 2026 NCE, degree intake

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: FG urges Senate to halt establishment of new federal universities, polytechnics for 7 years

    Nigeria: Minister applauds Tinubu, First Lady on National Library project, warns contractors against delay

    Nigeria: UBEC finalises policy framework to unlock education investments

    UBEC partners Sultan’s Foundation in war against out-of-school children menace

    Nigeria: FG moves to establish Armed Forces Medical College

    Nigeria: TVET trainees appraises programme, applauds govt for delivering on targets

    Nigeria: FG equips 38 technical colleges, offers free training, stipends to youths

    JAMB says no barring of undergraduates from UTME

    JAMB, education experts advise candidates on early preparation against pitfalls that can harm their admission

  • Health
    HEALTH: Between ambition and reality

    Nigeria: Stakeholders in health sector demand urgent intervention in rising breast cancer

    Dexa Group announces plan for multi-million dollar pharmaceutical factory in Nigeria

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Ebola scare in Adamawa but two suspected cases tested negative

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Sanwo-Olu flags off enforcement of mandatory health insurance in Lagos

    Sanwo-Olu to deliver Arewa Think Tank Lecture in Kaduna

    Lagos: Sanwo-Olu to engage doctors on outstanding arrears, welfare

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria, WHO give reason for evacuation of Ebola index patient to Switzerland

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria gets WHO clean bill of health following evaluation of Ebola index patient to Switzerland

    Ebola: WHO says 139 suspected dead, numbers expected to rise

    Nigeria’s index Ebola virus disease patient leaves for Switzerland – Health Minister

    Nigeria: Lagos confirms drop in malaria prevalence, battles shortage of 30,000 doctors

    Lagos Govt on alert to prevent Ebola 

    • Health and Fitness
  • Media

    Election Campaign: Onanuga urges caution in use of AI

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    Top oil and gas experts to speak at Realnews 14th Anniversary Lecture Series

    MultiChoice owner cuts DStv subscription prices in Nigeria, Kenya, Ghana

    Sahara champions deeper Energy Journalism in Ghana to strengthen public understanding

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Communique issued at the end of the 10th Annual Conference of GOCOP

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    Lagos, Delta, Imo, Ekiti, Shell, Access Bank, NASENI join GOCOP conference partners

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    DAAR Communications announces closed period ahead of Q3 2026 financial results

    GOCOP condoles with NextEdition Publisher, Victoria Ibanga, on husband’s death

    NNPCL, NLNG, Customs, Dangote, others partner with GOCOP for 2026 conference

    Nigeria: FG empowers 70 digital media managers for grassroots outreach

    • CSR
    • Jobs
    • Labour
    • Law
  • News

    Nigeria: EFCC arraigns woman, company in Lagos over alleged N16.7m Visa fraud

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    Nigeria begins indigenous production of attack drones in partnership with local tech firm

    Nigeria boosts intra-African trade with air cargo arrangement with Rwanda

    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

    Nigeria: Minister says evidence based resource allocation, others critical to achieving $1trn economy by 2030

    NNPCL adds 600,000bpd to Nigeria’s oil output, targets 2mbpd by 2027 – Ojulari

    • Politics
    • Opinion
  • World
    UN launches $33b aid appeal with urgent call for global solidarity

    Nigeria, France, Australia push UN action against terrorist bombs

    IMF boss says AI has potential to boost global growth  

    IMF urges fiscal discipline, trade cooperation amid global uncertainty

    Nigeria: FG moves to establish Armed Forces Medical College

    MultiplyPossibility: Global leaders commit to $3.5b support for education

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sahara advocates sustainable investment and climate finance for Africa at UNGA

    Sokoto–Badagry Highway: 18km of earthworks, 47km of site clearance achieved in 2 months- Contractor

    Twenty years of progress on gender parity now fragile  – WEF Report

    Nigeria: UN calls for protection of civilians, schools following a spate of attacks in Niger State

    World Humanitarian Day: UN calls for scaled-up support to millions of Nigerians in need and safety for the aid workers helping them

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    WTO retains 72% of world trade despite uncertainties – Okonjo-Iweala

    U.S. border control wants 5-year check on tourists’ social media

    U.S. hits Nigeria, 80 other countries with new tariffs citing ‘forced labour’

    Trump accuses Nigeria of allowing Boko Haram, Islamic State terrorists operate freely

    Trump approves 30-year nuclear pact with Saudi Arabia

    • Africa
    • America
    • Asia
    • Europe
  • Sports
    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas hails Nigeria’s Flamingos on FIFA U-17 Women’s World Cup win

    Taxing, Borrowing the Future Without Building: What has Nigeria’s fiscal authority done for the real sector?

    Tinubu congratulates Flamingos on historic FIFA U-17 Women’s World Cup victory

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    U-17 Women’s World Cup: Speaker Abbas hails Nigeria’s Flamingos on qualification for final

    Nigeria: Education Minister, NIS Director-General Shaibu meet for collaboration on sports education

    Kano Gov unveils Cycling Kano 2025 jersey ahead of Saturday’s event

    2nd Cycling Kano set for December 12, as organizers unveil “Water is Life” Campaign

    Zenith Bank’s gross earnings jumps by 16% to N3.4trn in Q3 2025

    Road To The Crown: Zenith Bank/NBBF Women’s Basketball League final 8 set for Lagos

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Sanwo-Olu aide flags off 5th Cycling Lagos as Agbo clinches second consecutive title

    Aquafina moves to refresh 5th Cycling Lagos as Golden Penny Foods, Adron Homes, others announce support

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

    5th Cycling Lagos Webinar: Experts call for investment, policy enforcement to unlock Nigeria’s recycling potential

  • Business
    McNichols Consolidated records 213.5% jump in pretax profit to ₦359.65m in H1 2026

    McNichols Consolidated appoints Ucheoma Victoria Nnamerenwa as substantive Finance Manager

    VFD Group Plc profit doubles to ₦10.06b in H1 2026

    VFD Group Q3 2026 Earnings: Profit soars 96% to ₦13b following rights issue deployment

    Critical Minerals Financing Corp widening losses in 9 months despite higher fee income

    Critical Minerals Financing Corp Q4 2026 Financial Review: Rebranding, debt-to-equity turnaround, and massive liquidity surge

    Namibia President calls Dangote’s $2.5b energy investment a landmark for Africa’s industrial future

    Guinness Nigeria CEO confident of sustainable growth as company deepens market expansion

    BPP dismisses alleged monetisation of Certificates of No Objection

    Nigeria: BPP unveils digital training portal for MSMEs’ participation in public procurement 

    Japaul Gold test-runs facility, promises big ounces

    Japaul Gold & Ventures sets October 28 for board meeting to review Q3 2026 Financials as share trading closed period takes effect

    NCR Nigeria shareholders approve board appointments, new auditors and director pay at 74th AGM

    NCR Nigeria approves Q3 2026 results, filing deadline and insider trading closed period announced

    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

    Multiverse Mining projects ₦166.8m Q4 revenue target amid heavy debt repayments and projected losses

    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us
No Result
View All Result
Worldstage News
No Result
View All Result
Home News

Nigeria: Cinema industry lost N6b to COVID-19

by Worldstage News
August 21, 2020
in News
0
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The Cinema Exhibitors Association of Nigeria (CEAN) on Friday said it had lost over N6billion in the course of the lockdown caused by the ravaging COVID-19 pandemic.

Mr Patrick Lee, the Chairman of the Assocation, disclosed this during an interview with the News Agency of Nigeria (NAN) in Lagos.

He said that since the lockdown in March, the industry kept losing N1billion on a monthly basis rendering most of the staff jobless.

“We are appealing to the state and Federal Government to work together and allow us open our businesses, we have lost over N1billion every month that we have been locked down and it is over N6billion now in six months.

“Most of our staff are currently unemployed and there are also over 20,000 people that depend on the industry in terms of supplies to the industry and those who work with Nollywood and artisans.

“We are at the point of bankruptcy, we want government to help us to reopen because we have been locked down for six months now and it is really disheartening.

“We have seen some other aspects of the economy that are already opened and we have put enough safety protocols in place to ensure that when our customers return to watch movies at the cinemas, they are safe.

“We promise to give room for social distancing, 50 per cent hall occupancy, use of facemask, hand sanitisers and we have made provision for air conditioning systems that would pump in oxygen frequently,” he said.

The CEAN Chairman expressed displeasure over cinemas classification under the creative industry, insisting that the industry was a media-based platform.

He said cinemas were channels through which creative industry’s content were showcased to the public and should be classified as media platform.

“People classify us as being under the creative industry but we are a media platform as well because we exhibit movies that are being done by the creative industry.

“We don’t necessarily create movies but we give them a platform to exhibit those movies, so to have been classified with night clubs and restaurants is a wrong classification.

“We are a media platform and we are using that platform to ensure that the creative industry has somewhere it can exhibit its shows.

“We do not have a situation whereby we have 100, 200 or 500 people in the same place at the same time because of the nature in which cinemas operate,” he said.

Lee explained that if five shows were to be exhibited in a cinema hall in a day, only about 20 to 30 people were usually accommodated in a 100-seater hall for each show, so this had already paved way for social distancing.

He said that there were 58 cinemas and 200 screens across the country, with Lagos recording the highest number of cinemas.

Lee, however, called for more investment into the industry for a more robust industry.

“With 58 cinemas and 200 screens across the nation, 800 screens in South Africa, 4,000 screens in the United Kingdom, 10,000 screens in India and China, Nigeria needs lots of investment in the cinema industry.

“We do not have enough screens to exhibit the content that we are creating in this country and we want more investment, help from government to put investments in place and have a very vibrant industry,” he said.

Worldstage News

Worldstage News

Next Post

Notore Chemical Industries to raise N30b fresh capital

Buy Our Research Book

About Us

Worldstage News logo

World Stage Limited is a research and technology driven Africa focused firm with expertise in multi-faceted business communication services.

  • About
  • Contact
  • Advertise

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.

No Result
View All Result
  • Home
  • NIGERIA
  • Entertainment
    • Life
    • Art & Culture
    • LIFE & CULTURE
  • Education
  • Health
    • Health and Fitness
  • Media
    • CSR
    • Jobs
    • Labour
    • Law
  • News
    • Politics
    • Opinion
  • World
    • Africa
    • America
    • Asia
    • Europe
  • Sports
  • Business
    • Agriculture
    • Brands and Marketing
    • Aviation
    • Capital Market
    • Economy
    • Maritime
    • Finance
    • Energy
    • Insurance
    • Industry
    • Startups
    • Money Market
    • Small Business
    • Real Estate
    • InfoTech
    • Transportation
    • Technology
  • About Us

© 2025 All Right Reserved. World Stage News - Designed By DeedsTech.