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: N257.2 million
Admissions: 70,017
“Ajosepo” premiered on April 7, 2024, and made a strong debut, grossing N51.9 million in its first week. The film, which garnered a cumulative revenue of N136 million in its first 3 weeks at cinmeas, tells the story of Dapo (Mike Afolarin) and Tani (Tomike Adeoye), a young couple on the verge of marriage. Set in a luxurious hotel during their wedding festivities, the film delves into themes of family dynamics, hidden secrets, and unexpected revelations that challenge their happiness. With standout performances from Timini Egbuson, Yemi Solade, and Ronke Oshodi Oke, Ajosepo has resonated deeply with Nigerian audiences.
