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 percent increase in 2024.
NAN reports that Ope Ajayi, CEAN’s national chairman, said N11.5 billion was earned from ticket sales across cinemas in Nigeria in 2024, as against N7.2 billion in 2023.
He said in 2024, the cinemas accommodated no fewer than 2.66 million persons — compared to the 2.54 million persons in 2023.
“We have recorded 60 percent growth in revenue in 2024 and about 4.5 percent growth in admissions despite harsh economic climate,” he said.
“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 signaling a significant upturn in the cinema subsector.”
Ajayi listed the top five Nollywood films in 2024 as ‘Everybody Loves Jenifa’, a film by Funke Akindele; ‘Queen Lateefah’ by Wunmi Toriola, ‘Ajosepo’ by Kayode Kasum, ‘Ajakaju’ by Eniola Ajao, and ‘Alakada Bad & Boujee’ by Toyin Abraham.
He said ‘Everybody Loves Jenifa’ raked in N1.124 billion, ‘Queen Lateefah’ (N365.5 million), ‘Ajosepo’ (N257.3 million), ‘Ajakaju’ (N252.8million), ‘Alakada Bad & Boujee’ (N229.1 million) in 2024.
Ajayi added that the top five Hollywood films in 2024 were ‘Deadpool & Wolverine’, ‘Bad Boys 4, ’Gladiator II’, ‘Moana 2’ and ‘Venom 3’.
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