Nigerian box office recorded 60% growth, generated N11.5 billion in 2024: Official
The Cinema Exhibitors Association of Nigeria (CEAN) says the Nigerian film industry has experienced a significant surge, with the Box Office recording an impressive 60 per cent increase in 2024.
Ope Ajayi, CEAN’s national chairman, revealed this while speaking with journalists in Lagos.
According to him, ticket sales in Nigerian cinemas generated N11.5 billion in 2024, compared to N7.2 billion in 2023.
He said in 2024, the cinemas accommodated no fewer than 2.66 million persons and 2.54 million persons in 2023.
“We have recorded 60 per cent growth in revenue in 2024 and about 4.5 per cent growth in admissions despite the harsh economic climate.
“This is a remarkable achievement and it is a testament to the industry’s resilience, creativity and determination.
“It is also the first time we are seeing a growth in admissions since 2020, signalling a significant upturn in the cinema subsector,” he said.
Mr Ajayi listed the top five Nollywood films in 2024 as: “Everybody Loves Jennifer”, “Queen Lateefah”, “Ajosepo”, “Ajakaju”, and “Alakada Bad & Boujee”.
He said “Everybody Loves Jennifer” earned N1.124 billion, “Queen Lateefah” earned N365.5 million, “Ajosepo” earned N257.3 million, “Ajakaju” earned N252.8 million, and “Alakada Bad & Boujee” earned N229.1 million.
“Everybody Loves Jennifer and Alakada Bad & Boujee are still in cinemas.”
Mr Ajayi noted that the top five Hollywood films of 2024 were Deadpool and Wolverine, Bad Boys 4, Gladiator II, Moana 2, and Venom 3.
(NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
NationWide
Senate rejects information ministry’s N8.9 billion budget; Akpoti recommends review to N1.5 trillion
Mr Eze also said the committee would summon the Minister of Budget and National Planning to discuss how the ministry’s budget can be improved.
NationWide
Marwa defends NDLEA’s N67.5 billion budget, seeks more NASS support
House Committee on Narcotic Drugs chairman Abass Adigun assured of their commitment to adequate funding to enhance NDLEA’s operational successes.
NationWide
NASS gives NAFDAC, NPA, NRC48-hour ultimatum to appear for budget defence
The committee issued a 48-hour ultimatum to the agencies to appear or risk withdrawal of funding for 2025 operations.
States
Bauchi police detain four suspects over child abuse, robbery
The spokesman said the police also detained two suspects (names withheld) on January 8, 2025, over alleged possession of locally made firearms.
Health
500 workers drag OAUTHC management to court over unlawful disengagement
The workers said they were employed between October and December 2022 and allegedly disengaged unlawfully on January 31, 2024.
States
Yobe to host fifth Lake Chad Basin Governors’ Forum
It would bring together leaders from Nigeria, Niger, Chad and Cameroon to discuss strategies for promoting peace and development in the Lake Chad basin.
