Nigeria’s cinema generated N1.2 billion in January: CEAN
On Tuesday, the Cinema Exhibitors Association of Nigeria (CEAN) said it generated N1.2 billion as revenue across cinemas in the country in January.
Its national president, Opeyemi Ajayi, who disclosed this in Lagos, said the total viewers across cinemas within the period under review was 322,833.
According to Mr Ajayi, the year began on a good note as Nigerians have continued to nurture their cinema-going experience.
“For January 2024, we had total sales of N1,202,195,706 with total admission of 322,833,” he said.
Regarding how the cinema fared in 2023, Mr Ajayi said the revenue generated across cinemas in 2023 stood at N7.35 billion with 2,606,891 admissions.
He said there was an appreciable improvement in sales in 2023 compared to 2022, which attracted N6.94 billion in revenue.
Mr Ajayi also said it was observed that admissions into the cinemas dropped in 2023, but the revenue increased due to an increase in average ticket sales.
According to him, the highest-grossing Nollywood films for 2023 include ‘A Tribe Called Judah’, ‘Malaika’, ‘Orisa’, ‘Ada Omo Daddy’, etc.
Last year recorded the highest December Gross Box Office (GBO) of N1.6 billion and a significant increase in admissions of 467,985 compared to December 2022, which had 384,435.
(NAN)
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