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)
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

States
Independence: NBA urges Nigerians to expect better future
The NBA said that ordinary Nigerians should be deriving benefit from the subsidy removal rather than hardship.

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.”

Diaspora
Nigerian-American politicians who won seats in U.S. midterm elections
Mr Onikuyide contested under the Democratic Party to represent District 19 in the Connecticut House of Representatives and won.

Heading 4
Tinubu seeks Senate approval for N10.79 trillion loan to finance 2026 budget deficit
The president said the proposed borrowing would finance priority projects in defence and security, transportation, agriculture, power, education and health.

Politics
Gov Radda declares Kafur APC stronghold, rallies support for Tinubu
Governor Dikko Radda declared Kafur LG an APC stronghold, rallying residents to massively support President Bola Tinubu and other candidates ahead of the 2027 elections.

Africa
AfDB leads in global aid transparency ranking for third time
The AfDB President, Dr Sidi Ould Tah, described transparency as essential to delivering Africa’s development priorities, building trust and strengthening accountability.

World
Commonwealth unveils trade portal to enhance investment opportunities in 15 African member nations
The statement read, “Zambia is among 15 countries selected to participate in the pilot phase of the Commonwealth Trade Portal, a

Faith
NOA trains 100 stakeholders against violent extremism in Kebbi
NOA organised a high-level capacity-building workshop against violent extremism for community stakeholders in Kebbi South senatorial district.





