The Nigerian field workplace recorded an unprecedented efficiency in December 2024, with revenues exceeding N2.8 billion and greater than 537,000 tickets bought.
These figures signify the very best single-month gross since December 2019 and set a brand new benchmark for the business, highlighting the rising enchantment of Nollywood productions and the resilience of cinema in Nigeria.
Main the cost was Everyone Loves Jenifa, which continued to dominate the charts, grossing N1.035 billion by its third weekend. The movie added N250 million within the closing weekend of December alone, cementing its standing as one in every of Nollywood’s highest-grossing titles.
Solely December 26, 2019, and December 26, 2018, noticed bigger gross sales numbers, reflecting the enduring recognition of festive cinema outings in Nigeria.
The typical ticket value (ATP) in December was N5,220, indicating regular shopper spending on cinematic leisure. Nollywood’s dominance throughout this era underscores the native viewers’s rising choice for homegrown tales, bolstered by authorities initiatives geared toward supporting the inventive business.
Earlier this yr, the federal authorities launched a N5 billion Inventive Fund in partnership with Providus Bank, geared toward offering financing for movie and artistic initiatives. The primary part noticed N1.5 billion disbursed to 4 Nollywood producers.
December’s outcomes spotlight the rising enchantment and affect of Nigerian cinema, each domestically and on the worldwide stage. With a robust pipeline of upcoming movies and continued funding, the business is poised for sustained progress heading into 2025.
