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The Cinema Exhibitors Association of Nigeria (CEAN), says the Nigerian film industry experienced a significant surge with the Box Office recording an impressive 60 per cent increase in 2024.
Mr Ope Ajayi, CEAN’s National Chairman revealed this while speaking with the News Agency of Nigeria (NAN), in Lagos. According to him, N11.5billion was realised in the year 2024 from ticket sales across cinemas in Nigeria, as against N7.2billion made in 2023.
He said in 2024, the cinemas accomodated no fewer than 2.66million persons and 2.54million persons in 2023.
“We have recorded 60 per cent growth in revenue in 2024 and about 4.5 per cent growth in admissions despite harsh economic climate. This is a remarkable achievement and it is a testament to the industry’s resilience, creativity and determination.
“It is also the first time we are seeing a growth in admissions since 2020 signaling a significant upturn in the cinema subsector,” he said.
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