The Nigeria cinema landscape seems to be thriving despite the country’s economic woes. The Nigeria box office on X has revealed that the Nigerian box office grossed a total of N1.65 billion in December 2023. The report also indicated that cinemas nationwide sold over 461,000 tickets within this time period.
Four movies contributed 79% of the revenue generated in December and they are: A Tribe Called Judah (N780M), Aquaman 2 (N280M), Malaika (N142M) and Ada Omo Daddy (N120M).
From 1st – 31st December 2023, the Nigerian Box office earned over ₦1.65B and sold over 461,000 tickets.
About 88% of the business came from the 15th – 31st of December.
— Nigerian Box Office (@NGAboxoffice) January 1, 2024
Funke Akindele’s A tribe called Judah completely dominated the box office in December. The film earned over N60 million in ticket sales within hours after it premiered on 15th December. And is now the second highest grossing movie in West Africa of all time having grossed over N850M at the box office. Likewise, film’s such as “Ada Omo Daddy, Malika” were warmly received by general audiences.
According to the Nigerian box office on X, the country’s box office had its finest year ever. It earned a total of $7.24 billion in 2023, a 4.3% increase over 2022. However, total admissions for the year was 2.63 million, a -16.6% reduction from 2022. But the average ticket price for the year was $2,759, a 27% increase from 2022. Which undoubtedly contributed to the increase in earnings.
Preliminary figures for 2023 at the Nigerian Box office.
Gross Box office: ₦7.24B, a 4.3% increase from 2022 and the highest ever.
Total Admissions: 2.63M, a -16.6% decrease from 2022.
Average Ticket price for the year: ₦2,759 a 27% increase from 2022.
— Nigerian Box Office (@NGAboxoffice) January 1, 2024
Over the years, the Nigerian movie landscape has struggled with dwindling cinema culture and rising inflation. As a result, the growth in box office earnings is a promising sign that Nigeria may once again have a robust movie landscape, as it did in the late 1990s and early 2000s.