Nollywood actor Timini Egbuson has said that he once borrowed money to fund a lifestyle he couldn’t afford. He recently had his say while speaking on the latest episode of the MENtality podcast hosted by Ebuka Obi-Uchendu and Banky Wellington.
Admitting that going overboard with luxury spending made him amass a collection of about 150 perfumes, Timini shared that he now regrets spending on flashy items instead of building real assets.

The moviestar, however, added that his happiness is no longer tied to material things.
His words, “There will always be a newer watch, a newer car. The money I spent on perfumes could have been used to buy land instead.
I’m not trying to talk down on having a nice car or watch. But are you doing it for yourself or because of peer pressure? Are you genuinely happy with it? And without it, would you still be happy?
There are times when I have been broke, but my energy is always the same because I found a way to be happy with whatever I have.
I used to be that guy who lived a fake life and borrowed to impress people. But not anymore.”
Nollywood is a sobriquet that originally referred to the Nigerian film industry. The origin of the term dates back to the early 2000s, traced to an article in The New York Times. Due to the history of evolving meanings and contexts, there is no clear or agreed-upon definition for the term, which has made it a subject to several controversies.
The origin of the term “Nollywood” remains unclear; Jonathan Haynes traced the earliest usage of the word to a 2002 article by Matt Steinglass in the New York Times, where it was used to describe Nigerian cinema.
Charles Igwe noted that Norimitsu Onishi also used the name in a September 2002 article he wrote for the New York Times. The term continues to be used in the media to refer to the Nigerian film industry, with its definition later assumed to be a portmanteau of the words “Nigeria” and “Hollywood”, the American major film hub.
Film-making in Nigeria is divided largely along regional, and marginally ethnic and religious lines. Thus, there are distinct film industries – each seeking to portray the concern of the particular section and ethnicity it represents. However, there is the English-language film industry which is a melting pot for filmmaking and filmmakers from most of the regional industries.
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