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Nigeria's Nollywood Surges: 60% Revenue Boost in 2024

1/5/2025

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Summary

Story summary

In 2024, Nigeria's film industry experienced a remarkable 60% revenue increase, reaching N11.5 billion from ticket sales.
Cinema admissions rose by 4.5%, totaling 2.66 million attendees.
Popular Nollywood films featured "Everybody Loves Jennifer" and "Queen Lateefah."
The industry demonstrated resilience, achieving its first growth in admissions since 2020 despite economic challenges.

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Story summary

In 2024, Nigeria's film industry experienced a remarkable 60% revenue increase, reaching N11.5 billion from ticket sales.
Cinema admissions rose by 4.5%, totaling 2.66 million attendees.
Popular Nollywood films featured "Everybody Loves Jennifer" and "Queen Lateefah."
The industry demonstrated resilience, achieving its first growth in admissions since 2020 despite economic challenges.