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Tag: Cinemas

Nigerian Box Office sets new record with N2.8bn in December 2024
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Nigerian Box Office sets new record with N2.8bn in December 2024

The Nigerian box office achieved an unprecedented milestone in December 2024, generating over N2.8 billion in revenue and selling more than 537,000 tickets. These figures represent the highest single-month gross since December 2019, establishing a new benchmark for the industry and reflecting the growing popularity of Nollywood films and the resilience of cinema in Nigeria. […]

The year has begun with a good financial performance from the Cinema Exhibitors Association of Nigeria, with revenue up nearly 50% year over year.
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Nigerian cinemas report nearly 50% revenue increase in January

The year has begun with a good financial performance from the Cinema Exhibitors Association of Nigeria, with revenue up nearly 50% year over year. According to the National President of CEAN, Opeyemi Ajayi, Nigerian movie theatres brought in N1.2 billion in income in January 2024. This represents a 46.5% annual increase over the N819 million […]