But what's behind this success? How have filmmakers in Nigeria been able to maintain such a fast pace of production? And what does the Nollywood moniker actually mean to the people who work in the industry?
"An independent collective consciousness is how I would describe it," says Daniel Ehimen, a director and cinematographer who's worked across features, commercials and documentaries. "In Hollywood or Bollywood, there is a structure with a lot of specialisation, various guilds, unions and codes of practice. We don't have that. When it comes to Nollywood, you have to put on many hats."