Naz Onuzo
@nazonuzo
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I invest and make movies, not necessarily in that order | founder @inkblotpresents
Lagos, Nigeria
Joined June 2011
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This video of Top Chef Houston where they worked with Nigerian swallow is so cool. I personally love the idea that once your culture goes mainstream you have no control of how it is evolved and combined. We'll always be the original but remixes are fun too
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During the BLM protests I saw interviews with shop owners who got vandalised who said that they would rebuild that the cause was worth it. I stand here with the work of 6 years significantly damaged and honestly I feel the same way. We will rebuild. The cause is worth it.
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I was a couple months shy of 25 when I got my first full time job, thinking I was hopelessly behind my peers who started work at 21/22. As anyone could have told me, it didn't matter in the end. The race is not to the swift. Find your bliss. Find your purpose. Happy Worker's Day
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Namaste Wahala is the first Nigerian film on Netflix to chart in the US and UK. The US is a particularly big deal because it's a 60m household market. Our films, especially the originals, have done amazing to date, but this such a cool thing to happen. Congrats to the team
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Thanks star girl 😘
Please guys go to
@InkblotPresents
instagram and tell them you’re from me🥰 let’s also watch the movie!
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To no one in particular, especially
@EricaNlewedim
and
@MsJazzyfied
, someone is in the final sound mix for
#HouseJobSeries
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Constant reminder that high finance is incomprehensible to most people and can be made to sound illegal when you try to explain it to non technical people.
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I randomly think about how insane it is that the Badagry Expressway has been under construction since 2007/2008 and is no where near completion
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@EricaNlewedim
Wawu. Simple question o. And now I'm on the hot seat. Ah. We're coming o. Sometimes cooking soup takes a while. So you know it will be sweethe.
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We're back with Season 2 y'all and there's no better way to open than with the star girl herself
@EricaNlewedim
. Much goodness coming your way this week.
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One of my randomly favourite things today is that Gangs of Lagos is currently number 2 in South Korea. Nollywood to the world baby
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Someone cannot just enter twitter again without the elites choosing violence. Ahmean star girl I thought we were cool. It's Christmas season
@EricaNlewedim
make love not war
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$600k per annum in CEO pay. $500k a month burn. $25m unaccounted for in general. $8m of it directly linked to the CEO. Wild times is an understatement
Dash, the Ghanaian fintech has shut down. The startup raised $86.1 million in five years and attracted big-name investors. It raised $32.8 million in a seed round—the second largest seed round for an African startup—in 2021.
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2002 is the last time a non European side won the WC. Argentina is also the only non - European finalist in that time. Talk about domination.
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#imgpodcast
is a mini case study of our strategy at
@InkblotPresents
. Keep doing the work and then when good things happen to you - like releasing your
@EricaNlewedim
episode during
#StarGirlSeason
you reap the benefit
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Nollywood films grew from 5% of local box office to 30% in 5yrs whilst box office more than doubled. Afmag & Rok do great on dstv, nollywood does great on Netflix. We creators are blessed that Nigerians love Nigerian content. Yes we can & will get better but this is a good thing
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I just want to it to be on record that on the first day of November in the year of our lord two thousand and twenty one
@MsJazzyfied
and
@EricaNlewedim
chose violence.
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It still doesn't feel real mehn, but bloody hell I'm a Showrunner on a Netflix Original Series. How did that happen?
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Far From Home is coming. This show means so much to us at
@InkblotPresents
. We are so proud of this show and of the amazing cast and crew who gave their all to make it special. You don't want to miss this. December 16 only on
@NetflixNaija
.
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One of the greatest gifts Yar'Adua gave us was his insistence on the Rule of Law. GEJ didn't adhere to it perfectly but he gave it more than lip service. Watching this govt decide that Rule of Law is optional breaks my heart. Yet here we are.
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@EricaNlewedim
So you too you're choosing violence. A whole Star Girl. What is going on today? Was the rain that bad?
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This is a great article that explains why venture in Africa needs to look like early stage growth. Very few companies can get to $100m revenues talkless of $1bn. Africa VC optimises for a series of 3x to 5x to 10x exits as opposed to one or two 100x exits
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Mehn. I'm having so much fun watching this show sha. Is like I'm a viewer.
#HouseJobSeries
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My sister wrote an amazing article about our conversation. Even me sef I was like yeah inspiring.
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My optimistic case was N480m by the end of the year. Looks like it will be gunning for N600m. Big congrats to
@funkeakindele
and everyone who made this great film. Looking forward to celebrating N1 billion with you all.
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Mehn so many hot takes about Afghanistan. So many newly minted experts. Make it stop.
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This thread is what people want to be true but is not actually true. It wants you to believe that govt spending (stolen or actual) is the sole driver of the economy. The main issue with this govt is wrong policy, don't ever let anyone tell you different
A friend (who has a Biz in the service industry) recently told me they didn’t realize, all the while they were supporting PMB in 2015, just how much of their Biz patronage came from the free money that flowed under GEJ/PDP. That money trickled everywhere
Really thought-provoking
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I still haven't come back. Still processing. But I just came to say a massive thank you to
@NetflixNaija
. They backed
@InkblotPresents
with time, money, guidance and more importantly trust. Far From Home doesn't exist without the resources and dedication their team put into it
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Anytime I see stuff like this I'm sad that GEJ was ridiculed for the most profound thing he ever said. The parable of the goat and the yam showed such deep insight into the Nigerian psyche.
Electronic transmission of votes is the best thing since sliced bread.
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Black Book has hit the daily top ten in over 60 countries on Netflix. The first Nigerian film to do so since Glamour Girls. Big achievement. Congratulations to
@EditiEffiong
and the entire team. Y'all gone global baby.
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We hopped up over 100 places on the Nigerian podcast charts before her episode launched because people were curious about our back catalogue once we announced she was coming on. They liked what they heard and kept listening
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Probably. But firing or replacing a non-performing friend or family member goes past difficult conversation sha.
people who say 'don't work with your friends or family' generally don't know how to have difficult conversations and still preserve love and respect
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In addition to the guys there are the ladies. Adaugo. First of her name. The Apple of her daddy's eye. The prize of prizes. Of course this is our very own star girl. The amazing
@EricaNlewedim
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Having seen the 2017 FG accounts it's clear three things need to happen:
1. Removal of fuel subsidy
2. Increase of VAT to 10%
3. Introduce VAT on petroleum
products
I'm assuming they can't happen until after the election but they need to happen next year
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I was busy so I didn't have time to reply the person who said if Nitel hadn't been privatised it would be remitting to government. But I mean I guess MTN Nigeria alone paying N100 billion a year to govt in taxes and levies is not enough. Nigeria is really a crazy place.
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When your shame is carried on the main road
Nigeria hasn’t released official unemployment data for more than a year because of a lack of money at the statistics office
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I think the weirdest question for me is the one about why people are still protesting when the govt has agreed as if the government has not agreed in the past. The onus is on the govt to demonstrate that this time is indeed different not the protesters.
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I'm one of the biggest Reese stans around. She built herself one helluva table.
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That the fuel scarcity is getting worse leading up to the elections is truly stunning. Then when you add cash scarcity, plus regular security wahala. You wonder if APC really wants to win this election. Seems like own goals everywhere.
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We've been working on this series for almost a year and I'm so pleased that we get get to finally tell the world it's happening. Big congrats to my partners and Co founders
@zvlv_o
and
@damola5
and my Co-creator
@DamiElebe
.
🗣️🔊We’ve got BIG news!
First up, an untitled young adult series about a gifted teen who gets a scholarship to Naija’s top school is coming soon. It’s an
@InkblotPresents
production, created by
@IamSnazz
@DamiElebe
, & starring
@funkeakindele
. Casting will be announced soon! 🎉
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@EricaNlewedim
Wow really. You just decided to blow up my mentions. I thought we were now friends.
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So this is what it looks like when you're about to set hundreds of millions of dollars on fire
Negotiating Aircraft orders with Airbus at Farnborough ahead of National Carrier unveiling on Wednesday. Negotiations with Boeing and other OEMs tomorrow. Met with Standard Chartered Bank earlier. All is looking good!🕺🏽💪🏾🤲🏾🇳🇬🇳🇬🇳🇬
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Last week I had a long conversation about whether the exclusion of Nigeria/Africa from global processing and value added markets was intentional. My position is generally that it is intentional but the intentionality is ours. Our governments do not make it easy to increase value
1. I recently learned that although the world's largest producer of cashews is Côte d’Ivoire, the world's largest exporter of cashews is Vietnam.
Vietnam is making a fortune. Côte d’Ivoire is not.
This is a story of successful globalization and failed industrialization.
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When we were creating the world of The Blood Covenant at
@InkblotPresents
, we knew that the casting of the film was so important for the story we needed
@fiyin_josh
to bring to life. We needed people to empathize with the journey we were asking them to follow us on
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This dissolve sha, and then modalities to be announced to "deal with the gaps". Feels like we're going to do another Zombie round. From SARS to FSARS to whatever this "modality" will be called. We need to ensure that they truly
#EndSARS
and that the tactical unit will remain so.
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Pretty excited with the feedback we're getting from the first day screenings. Tell a friend to tell a friend. The Blood Covenant is in cinemas across Nigeria
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MTN Nigeria grew revenue by 22% and profitability by 42%. That a company is doing this kind of growth at these revenue levels is stunning!!!
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I grew up loving thrillers with a beating heart and every day we get to make one at
@InkblotPresents
is a great day. I got to direct our latest one - No Way Through - and I'm super happy that it turned out even better than I thought it would. Lol.
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Normalise asking for help. People aren't mind readers. Yes thoughtfulness is important but if they're not ask and you'd be surprised by the response.
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The full Tyler Perry article is great. This guy is the definition of a forward investor. Always betting on himself into the long term. It's well worth your time.
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INTRODUCTION 1. I've seen a few recent comments about producing in Nigeria and the lack thereof. So I figured that since I'm 12 produced films in (bonafides ftw) I'd give my two kobo as to what I believe producing is
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A tweet flashed across my TL saying that Aki and Paw Paw was the 20th nollywood film to cross 100m at the Nigerian box office. That made me curious and so I did a thing
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Just leaving the Tribe of Judah premiere. Totally buzzing. Such a great, fun film. Massive congrats to
@funkeakindele
and the entire cast & crew. Breaking the record again is great but I'm rooting for you to be the first nollywood film to cross 1 billion at the box office
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Thoroughly enjoyed myself. Such an achievement on many levels. From the acting, to the directing, cinematography, costuming production design, sound design. All departments brought their A game. I'm so happy for Mo and the Ebonylife team. Made with such love and care. Watch it.
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Reading about the Plateau attacks is so heartbreaking, doubly so because it happened on Christmas. The government cannot keep being helpless in the face of such brutality. We need to find a lasting solution to these attacks. Our citizens need to be able to live without fear.
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Anyway back to regular scheduled programming. We have a sweet feem coming out next week. Can't wait for y'all to see it.
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Our polling unit was assaulted as the results were being announced. They ensured the results weren't recorded. This is an area that has been peaceful the last few cycles. It was not the show of power they thought it was. It was a show of fear and that is more telling
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Maybe it's because I'm now old but mehn this article kinda broke me
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@saladinahmed
That theme reminds me of that moment where Miles does his thing and Peter B says we taught him that and GS says - I never taught him that. Reinforcing the point that it is possible to grow past your mentor.
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You people are really inhaling this our Far From Home show sha. Not even "make I watch 2 and come back". We're totally blown away by the response. Asin.
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One of my favourite stories about Far From Home is the story of Angel. Because it shows how little things can swing the course of a show. So it was a different animal initially and then the DOP - Michael Swan - suggested a Hyena.
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Please you pipu should leave out first ever Oscar nominee alone. We apologise to the lady behind her on her behalf. 🤭
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Don't ask me why I was reading about the Bangladesh economic miracle at 5am this morning, but there I was soaking up info about one of the more quiet transformations in the world. They have faced challenges recently but what they did in the last few decades was truly remarkable
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Before I worked with
@EditiEffiong
on Up North I don't think I'd ever written a lead character from a minority tribe. My leads were usually a mix of Igbo and Yoruba. Since Up North I've written two. Hankuri in Love Is War and Liah in Who's The Boss.
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I find it hard to put into words what the response to Far Far From Home means to me. You guys embraced our show beyond our wildest dreams. You gave us $10k not N5k. The last slide of my Showrunner Moodboard summed up my hopes but you guys exceeded them. Thank you. Always.
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This is a pretty standard finding across multiple sectors. People totally underestimate the requirements of being professional Vs being amateur. I loved the quote "I'm closer to LeBron than you are to me"
Brian Scalabrine, the self-labeled "worst player in the NBA", challenged anyone to play 1+1 against him.
A few young guys took him up on him. He smoked 'em all.
His point: “I’m closer to Lebron than you are to me.”
Pretty funny.
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This article is very alarming sha. That Sons of the Caliphate written produced and directed in Nigeria is somehow illegitimate because ebonylife put it on Netflix. Anyway I'm tired of speaking about the code let's all just be going.
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Anytime someone tells you they have a simple solution to a complex problem they are either lying or trying to sell you something.
Dangote refinery to import crude oil from the United States -
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I love that the AMVCA has become such an event, a true testament to the power of building over time. I'm happy that three of the standout films of last year Brotherhood, Anikulapo and King Of Thieves dominated the nominations
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I recently used Spotify to explain how exports matter. Nigeria is a top 30 market with ~5m streams a day or ~1.5bn streams a year. At forecast royalty rates of $3k per 1m streams this means Nigeria generates $5m per year for artists. The global royalty figure is ~$300m.
Top Countries by Total Daily Chart Streams (February 23, 2024)
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It's been 2 and a half years since the
@NetflixNaija
team called
@zvlv_o
@damola5
and I and told us that we had been greenlit straight to series for our show Far From Home. That call in the midst of COVID is still one of the top 5 moments of my professional career.
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I really really loved the romance in
#Thebloodcovenantfilm
. Every one served something different
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I've been trying to wrap my head around the fact that the latest South Kaduna clashes apparently happened 2 weeks ago. I don't know if local news in the area carried it but generally it feels like there is a cone of silence around issues that we need to break through
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Anikulapo topped the non-english film chart on Netflix this week. How about them apples.
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Today's free filmmaker advice. If as a Nigerian Company you license your content to a foreign streamer like Netflix or Amazon Prime, it is deemed an exported service and is exempt from VAT. Don't allow the FIRS to "convince" you to pay VAT on that revenue. Stand your ground
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So i did a thing on the cinema value chain cash waterfall, because I find that a lot of people don't really understand this and also I'm trying to blog more :-)
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Citation is charting in 20 countries and has reached the top 10 in the flixpatrol methodology. It's very different from Oloture and I love that both of them are finding a global audience. Long may it continue. Nollywood to the world y'all
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It's pretty interesting to see how the border closure has faded from view. It's so easy to become acclimatised to the new normal.
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Thanks to my sister
@funkeakindele
for taking this journey with us. Even before she knew what it was she said yes. I will treasure that always.
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We're going to end the year with 3 new 200m+ grossers from nollywood. If this trend continues we're going to have to reclassify blockbuster from N100m to N200m. Congrats to all the filmmakers. Bring on 2019
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I love the conversations that
#TheBloodCovenantFilm
is generating. Films that are part of an urgent timely conversation are always fun. What are you waiting for see The Blood Covenant in cinemas today.
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The nature of our business is such that it needs a steady source of financing to thrive. Figuring that out is one of the less glamorous parts of the business but arguably the most crucial.
Inkblot Productions co-founder Naz Onuzo comments on their recent investment agreement with TLG Capital. He says that the terms of the investment do not tie the financing to making a specific kind of film.
@InkblotPresents
@nazonuzo
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SoftBank has brought a bazooka to a gun fight. Interesting times ahead
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Really feels like we should run all elections in one day. There's no reason for the split anymore. It adds to the cost for no appreciable benefit. The next amendment of the Electoral Act should address this.
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A lot of Nigerians will rather get N5b a year from the public sector than N100b a year from the private sector because for the private sector to pay that N100b someone is earning N200b. That is our problem in a nutshell.
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Starting from Merry Men, through King of Boys and now Chief Daddy, a Nollywood film has been number 1 at the Nigerian box office for 14 straight weeks.
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We're the number one most searched item on
@NetflixNaija
today on our first day out. Thank you all. We do not take this for granted at all.🙏🏾🕺
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One of the things I've learnt is that process matters more than results. How you did something is more important than what you did. To use an example to illustrate - if Famfa lost their oil block today would you give them money to build another billion dollar oil company?
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Every
@InkblotPresents
film is special, just like every child is special, however this one is rare because it gets to feel like the first time again. I'm so happy to share the teaser for our new movie Who's The Boss. A movie that also happens to be my directorial debut. Enjoy.
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I know we've been joking about it but it is indeed quite striking that in the 3+ years of the PMB administration there hadn't been one new private sector reform.
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