Nollywood has hit an unprecedented milestone, grossing over N3.5 billion year-to-date (YTD) on the Nigerian field workplace.
That is based mostly on knowledge shared by the Nigerian field workplace which additionally said that greater than 935,000 tickets have been offered, the figures mark a 125% surge in income and a 46% enhance in ticket gross sales in comparison with the identical interval final yr.
Nollywood’s manufacturing high quality and storytelling had been credited as a key issue behind the trade’s record-breaking field workplace efficiency in 2024.
With movies persistently grossing over N100 million for the reason that starting of the yr, Nollywood is on observe for its most profitable yr but.
Motion pictures like Jagun Jagun, Queen Lateefah, Ajakaju, and Farmer’s Bride have been standout performers this yr, with a number of grossing over N400 million inside weeks of launch. The success of those movies demonstrates the rising capability of Nollywood to ship blockbusters that resonate with various audiences.
Titles like All’s Truthful In Love, which grossed N136 million, and Lakatabu, which surpassed N200 million, reveal the rising demand for high-quality productions.
Different hits, reminiscent of Ajakaju, Ajosepo, and Farmer’s Bride, have equally crossed the N200 million mark, whereas Queen Lateefah continues its cinematic run with an astounding N336 million in field workplace earnings to this point.
As December approaches—a historically profitable interval for Nigerian cinemas—the trade is gearing up for what could possibly be an excellent larger finish to the yr.
Nollywood’s record-breaking efficiency this yr not solely highlights the trade’s potential for income progress but additionally underscores its function in shaping Nigeria’s cultural and financial narrative. Because the sector continues to innovate and entice funding, the longer term seems to be brighter than ever for Africa’s largest movie trade.
