Suggestions




Nigerian Box Office Makes ₦1.2 Billion In January

February 20, 2024
by
'A Tribe Called Judah' Ends Cinema Run With ₦1.4 Billion

The Cinema Exhibitors Association of Nigeria (CEAN) on Tuesday said it generated ₦1.2 billion as revenue across cinemas in the country in January.

This revenue was made by a total viewership of 322,833 during the same period, indicating a robust start to the year for the cinema industry.

Join our WhatsApp Channel

Opeyemi Ajayi, the national president of CEAN, shared these insights during an interview with the News Agency of Nigeria (NAN) in Lagos. Ajayi expressed optimism about the trajectory of cinema attendance, highlighting Nigerians’ sustained enthusiasm for the cinematic experience.

“For January 2024, we had total sales of ₦1,202,195,706 with total admission of 322,833,” Ajayi disclosed, underscoring the industry’s promising performance in the opening month of the year.

Reflecting on the previous year, Ajayi noted a commendable performance in 2023, with cinema revenues reaching ₦7.35 billion and total admissions numbering 2,606,891.

READ ALSO:‘A Tribe Called Judah’ Records 55% Gross Fall In Ticket Sales

This marked an improvement over 2022 figures, where revenue amounted to ₦6.94 billion. Despite a slight decrease in admissions, the increase in average ticket sales contributed to the revenue growth observed in 2023.

Notable among the top-grossing Nollywood films for 2023 were titles like “A Tribe Called Judah,” “Malaika,” “Orisa,” and “Ada Omo Daddy.”

These films, among others, contributed significantly to the industry’s success, with “A Tribe Called Judah” emerging as the highest-grossing film of all time within the territory.

The year 2023 also saw significant milestones, including the highest December Gross Box Office (GBO) of ₦1.6 billion. Additionally, the industry celebrated its first-ever Cinema Day in September, which led to a substantial rise in both admissions and revenue on that day.

Despite these achievements, challenges persist, with rising operational costs leading to the closure of two cinemas in 2023. However, the opening of eight new cinemas demonstrates a continued interest and investment in the industry’s growth and development.

Somto
+ posts

Somto is an Entertainment Reporter with a passion for uncovering the latest stories in the world of entertainment. As a dedicated journalist, Somto delivers in-depth reporting, exclusive interviews, and breaking news coverage.

She covers a wide range of topics, from celebrity interviews to industry trends and film reviews.

As an Entertainment Reporter for Prime Business Africa, She continues to provide comprehensive and insightful coverage of the entertainment industry, offering readers an insider's perspective on the latest developments and trends. She is a trusted source for breaking news, exclusive interviews, and thought-provoking analyses.

Somto is dedicated to providing valuable information and entertainment to her audience while upholding the highest standards of journalistic integrity.

Follow Somto on social media:

LinkedIn: Somtochukwu Bisina

#EntertainmentReporter #MediaProfessional #Journalism

Bisina Somto

Somto is an Entertainment Reporter with a passion for uncovering the latest stories in the world of entertainment. As a dedicated journalist, Somto delivers in-depth reporting, exclusive interviews, and breaking news coverage.

She covers a wide range of topics, from celebrity interviews to industry trends and film reviews.

As an Entertainment Reporter for Prime Business Africa, She continues to provide comprehensive and insightful coverage of the entertainment industry, offering readers an insider's perspective on the latest developments and trends. She is a trusted source for breaking news, exclusive interviews, and thought-provoking analyses.

Somto is dedicated to providing valuable information and entertainment to her audience while upholding the highest standards of journalistic integrity.

Follow Somto on social media:

LinkedIn: Somtochukwu Bisina

#EntertainmentReporter #MediaProfessional #Journalism

Related Posts

Marseille Sacks Gattuso, Names Former Cote d'Ivoire Coach New Boss
Previous Story

Marseille Sacks Gattuso, Names Former Cote d’Ivoire Coach New Boss

Universities In Canada Without Application Fees
Next Story

Full List Of Universities In Canada Without Application Fees

Featured Stories

Related Posts

Latest from Entertainment

Simisola Bolatito Kosoko

Simi: Police to Review Alleged Sexualising Comments About Children

Authorities in Lagos have referred a controversy involving Nigerian singer Simi to the police for preliminary investigation, following the circulation of old social media posts attributed to the artist. The Lagos State Domestic and Sexual Violence Agency said it could not ignore
simi

How Singer Simi Got Caught in Rape Accusations

Nigerian singer and songwriter Simisola Kosoko, popularly known as Simi, has found herself at the centre of controversy after old social media posts resurfaced, prompting calls for an investigation into her mother’s daycare. The National Agency for the Prohibition of Trafficking in
Marseille Sacks Gattuso, Names Former Cote d'Ivoire Coach New Boss
Previous Story

Marseille Sacks Gattuso, Names Former Cote d’Ivoire Coach New Boss

Universities In Canada Without Application Fees
Next Story

Full List Of Universities In Canada Without Application Fees

Don't Miss

IMG

Exchange Rate Fluctuations And Impact On International Trade

By Lolade Akintayo As a financial analyst, analyzing exchange rate

U.S. Tech Giants Walk A Tightrope Through Trump’s Tariffs

US tech giants are navigating a complex web of President