About two years after it consolidated its partnership with Tate London on the development of African artists, GTBank has announced its support for The Nollywood Studies Centre of the School of Media and Communication, Pan African University, Lagos.
The support for the centre by the bank is guaranteed for one year at the first instance, based on the memorandum of understanding signed with the school.
"The facility, now known as GTBank Nollywood Studies Centre, is designed to be a one-stop resource centre providing research materials to artistes, script writers, producers, journalists, researchers and film festival programmers on the rich heritage of the Nigerian movie industry," the management said.
The GTBank Nollywood Studies Centre will also help in projecting the African story telling culture and the unique contribution of Nigeria to global film production.
According to the Managing Director of Guaranty Trust Bank plc, Mr. Segun Agbaje, the support of the centre is consistent with the bank's objective of promoting African Art in all its ramifications.
He noted that the GTBank Nollywood Studies Centre would provide a comprehensive and reliable source of information on the Nigerian movie industry.
