Nigeria’s box office records N471 million revenue in July

The Cinema Exhibitors Association of Nigeria (CEAN) on Tuesday said it generated N471 million from tickets sold across the country in July.
CEAN’s national chairman Ope Ajayi disclosed this in Lagos.
Mr Ajayi said there was an increase comparing the revenue generated in July with that of June, as well as that made in July 2021 with July 2022.
“The box office got total revenue of N471,679,856.00 for July, an increase from what we had in June N363,274,999.00; this is encouraging. Thor: Love & Thunder was the major outlier, accounting for over 54 per cent of the total box office revenue in July and 69 per cent of Hollywood, while ‘Ile Owo’ was Nollywood’s highest-grossing, accounting for about 4 per cent,” stated Mr Ajayi.
He added, “Despite fewer titles released in July (31), compared to June (41), Nigerian cinemas experienced a growth in box office revenue by 30 per cent comparing totals from both months. However, comparing July’s revenues for 2021 and 2022, cinemas gained a five per cent increase.”
According to him, August will feature strong Nollywood titles alongside ‘Bullet Train’.
Mr Ajayi noted that the top five highest-grossing films in July were Thor: Love and Thunder, Minions 2:The Rise of Gru, Jurassic Work: Dominion, Ile Owo and Top Gun: Maverick.
He listed the movies to be released into the cinemas for August as Runner, Bullet Train, Paws of Fury: The Legend of Hank, Cold, Akoni, Beast, The Set-Up 2, Rubucon, The Stranger I Know, Dragon Ball Super: Superhero, The Invitation to Hell, All or Nothing, Big Trip 2: Special Delivery, Nope, Hammer and Obara’m.
(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.”

States
Youth parliament seeks stronger media literacy framework in Borno
The Borno Caucus of the Nigerian Youth Parliament called for a stronger media and information literacy framework in the state.

Africa
FAO urges increased investment in agroecology to boost Africa’s food security, climate resilience
The Food and Agriculture Organisation (FAO) called for increased investment in agroecology to address Africa’s food, environmental and socioeconomic challenges.

States
Court to deliver judgement in suit against Yahaya Bello’s senatorial candidacy November 19
The Federal High Court, Abuja Division, fixed November 19 for judgement in a suit challenging former Governor Yahaya Bello as the APC Kogi Central senatorial candidate.

NationWide
FG lauds AFD for extending urban water project to 2028
Minister of Water Resources and Sanitation Joseph Utsev said the extension would also give states more time to address implementation challenges and complete projects.

World
Masked men arrested in UK on suspected terror plot identified as British nationals in their 20s
Authorities said the suspects were all in their 20s: three from Westminster, aged 23, 24 and 25; one from Willesden, aged 24; and another from Camden, also aged 24.

Abuja
Fuel price hike raises costs, cuts sales for FCT traders
Some traders in the FCT said the fuel price hike increased transportation costs, reduced sales, and affected profit margins.





