The Week Ahead
...we hail thee
In a week where we got an old-new anthem, Nigeria’s GDP has taken a hit. Despite showing higher growth than the same period last year, Nigeria's GDP growth has dipped compared to the previous quarter. What’s behind this fluctuation? We’ll also explore the factors that could influence Nigeria's economic performance in the coming months and pinpoint where the government might need to focus its economic policies to stabilise and boost growth.
Next, we turn to Nigeria's film industry. Nollywood’s box office revenue soared by 46% year-on-year in Q1 of 2024. What’s driving this impressive growth? While revenues are up, admissions have dipped—what challenges could this pose for Nollywood's long-term sustainability? And with local Nollywood productions capturing a larger market share than Hollywood, what does this say about Nigerian audiences' preferences?
Finally, we look at the early results of the pivotal South African elections. What are the critical economic challenges, such as high unemployment and frequent blackouts, that the country faces? With the election on the horizon, what are the key issues at stake, and how could the results shape South Africa’s future domestically and internationally?
In a week where we got an old-new anthem, Nigeria’s GDP has taken a hit. Despite showing higher growth than the same period last year, Nigeria's GDP growth has dipped compared to the previous quarter. What’s behind this fluctuation? We’ll also explore the factors that could influence Nigeria's economic performance in the coming months and pinpoint where the government might need to focus its economic policies to stabilise and boost growth.
Next, we turn to Nigeria's film industry. Nollywood’s box office revenue soared by 46% year-on-year in Q1 of 2024. What’s driving this impressive growth? While revenues are up, admissions have dipped—what challenges could this pose for Nollywood's long-term sustainability? And with local Nollywood productions capturing a larger market share than Hollywood, what does this say about Nigerian audiences' preferences?
Finally, we look at the early results of the pivotal South African elections. What are the critical economic challenges, such as high unemployment and frequent blackouts, that the country faces? With the election on the horizon, what are the key issues at stake, and how could the results shape South Africa’s future domestically and internationally?