As of September 2024, the West African box office, with Nigeria as its highest contributor, has demonstrated remarkable growth.
The box office alone has grossed over N5 billion in the first seven months of the year, setting an ambitious target of N10 billion by year-end.
This achievement is highlighted by an average cinema ticket price of N3,900 and a total of 1.3 million tickets sold, despite macroeconomic challenges impacting consumer spending. The growth is further evidenced by a 34% increase in revenue compared to the first half of 2023.
Nollywood continues to lead the market, capturing 50.05% of the Nigerian box office revenue in the first half of 2024.
The top 10 highest-grossing movies have collectively contributed a significant N3.24 billion to the Nigerian box office so far in 2024 based on data from the box office.
These movies also sold over N796 million in tickets. This list not only highlights the diverse preferences of Nigerian moviegoers but also shows the strong performance of both local and international films in the Nigerian market.
Here are the top 10 highest-grossing movies in Nigeria for 2024:
Gross Revenue: N245.8 million
Admissions: 61,439
Godzilla x Kong: The New Empire” premiered at Grauman’s Chinese Theatre on March 25, 2024, and released in the U.S. on March 29. Although critics gave it mixed reviews, comparing it unfavourably to Godzilla Minus One, the film was a box office success, grossing over $568.7 million worldwide against a $135–150 million budget. The movie raked in over N200 million in Nigerian cinemas.
It became the fifth-highest-grossing film of 2024 and the highest-grossing film in the Monsterverse, Godzilla, and King Kong franchises. The plot follows Kong, who has established a new territory in the Hollow Earth, while Godzilla continues to manage order between humanity and Titans on Earth’s surface.