Nollywood (informal denotation to the cinema of Nigeria) is the Nigerian Film industry which grew quickly in the 1990s and 2000s to become one of the largest film industry in the world in number of film productions per annum.
The Nigerian film industry is worth NG₦522 billion (US$3.5 billion) as at 2008 and produces over one hundred Home Videos and films annually.
In 2009, Unesco described Nollywood as being the second-biggest film industry in the world after Bollywood in output and called for greater support for second-largest employer in Nigeria.
Nollywood's biggest competition in the Nigerian market is the Ghanaian film industry. Nigerian filmmakers usually feature Ghanaian actors in Nollywood movies as well and that has led to the popularity of Ghanaian actors almost like their Nigerian counterparts.