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“I Might Not Be Able To Repay The Loan I Took For My New Movie” -kunle Afolayan

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Veteran Nollywood actor/Producer, Kunle Afolayan is currently feeling the bite of recession and pirates are not even helping matters. He produced a high quality movie which was premiered in Nigeria some week ago, it’s titled ‘The CEO’. It’s one movie that a lot of people really commended, he featured legend actors, including Nigerians, Foreigners, within Africa and Outside Africa and before that movie could be put together, a lot of millions must have been spent, which is true but it’s so unfortunate that the Legend Producer has managed to get little of what he invested. In an interview, He disclosed some things that are really painful to the heart.

In his words  ‘’ “It costs a fortune; we are talking hundreds of millions of naira. We haven’t recouped the money and am not sure I will recoup that money ‘cos now the economy is bad and I have said this several times and there is really no point saying it again; but part of the funding for CEO, we got from Bank OF Industry (BOI) and that money needs to be paid back, I think I even have about maybe eight months left to pay back and it’s a bit scary, because I don’t know how I am going to pay it. But I want to believe that somehow, it will get paid. A lot of Nigerians complain about good quality. For you to have good quality it comes with a price and the price is money. Some days ago, Desmond and I were joking and I said to him that I paid the director of my photograph for CEO this amount, and he said to me, Kunle; you paid that amount? That is the budget for a whole film now. So you see, really, sometimes; I think it’s better to play small. But for some of us, who have already made name, you can’t come down and play lower. If you are going to come down on your budget or that, you have to make sure the production value is not compromised or that that thing you are known for is not compromised. But CEO is still doing very well, we are doing the London premiere in October, and it’s going to be in London’’

MOVIES

Omoni Oboli’s “Last Year Single” Debuts On Netflix This September

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"Last Year Single" Debuts On Netflix This September | fab.ng

Nollywood actress and director, Omoni Oboli, has announced that her debut series, “Last Year Single,” produced in 2020, will premiere on Netflix on September 6, 2024.

Omoni Oboli embarked on her acting career with her debut role in “Bitter Encounter” (1996). In 2010, she earned recognition for her performances, winning the Best Actress in a Narrative Feature award at the Los Angeles Movie Awards and Best Actress at the Harlem International Film Festival.

Additionally, she received a nomination for Best Actress in a Leading Role at the 2011 Africa Movie Academy Awards. Oboli has a notable filmography, including “Moms At War” and the upcoming third instalment of the “Wives on Strike” franchise, “The Uprising: Wives on Strike 3,” set to debut next month.

In an official statement, the talented actor-director confirmed that her romantic drama series, “Last Year Single,” will be available on Netflix starting Friday, September 6, 2024.

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MOVIES

Daniel Oriahi’s “The Weekend” Officially Selected For BFI London Film Festival

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"The Weekend" selected for BFI London Film Festival | fab.ng

The British Film Institute (BFI) has officially selected the Nollywood film The Weekend“. Daniel Oriahi directed the film. It is to screen at the prestigious 68th edition of its London Film Festival. The BFI Film Festival in London will occur from October 9th to October 20th, 2024.

The lineup for the festival boasts an impressive 255 titles, including features, shorts, series, and immersive works. They represent a diverse range of 80 countries and feature 64 languages.

Following the successful premiere of his new feature film on August 30th, 2024, Oriahi took to Instagram to share the exciting news of The Weekend‘s selection for the BFI Film Festival. The film garnered a remarkable ₦8 million at the box office.

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MOVIES

Jade Osiberu Returns With A “Christmas Movie” Starring Afrobeats Stars

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Christmas In Lagos: Jade Osiberu announces new film | fab.ng

Jade Osebiru has officially announced the release of her comeback movie, “Christmas in Lagos.” The film is scheduled to premiere on Prime Video this December.

In a statement released on August 28, 2024, Osebiru revealed her return to filmmaking after a deliberate year-long hiatus. She explained that she had been actively preparing for this Christmas-themed film.

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