Box office surge: Nigerian film industry generates N11.5 billion in 2024

Box office surge: Nigerian film industry generates N11.5 billion in 2024


PEOPLES GAZETTE

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 per cent increase in 2024.

Ope Ajayi, CEAN’s national chairman, revealed this while speaking with journalists in Lagos.

According to him, ticket sales in Nigerian cinemas generated N11.5 billion in 2024, compared to N7.2 billion in 2023.

He said in 2024, the cinemas accommodated no fewer than 2.66 million persons and 2.54 million persons in 2023.

“We have recorded 60 per cent growth in revenue in 2024 and about 4.5 per cent growth in admissions despite the harsh economic climate.

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Box office surge: Nigerian film industry generates N11.5 billion in 2024

 

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