Nollywood indigenous movie Lakatabu has garnered an estimated N126.4 million at Nigerian cinemas in underneath 4 weeks, reflecting the rising urge for food for native productions amongst cinema-goers.
This was introduced by Filmoneng, a number one West African film distribution firm identified for its success with blockbuster titles like ‘A Tribe Referred to as Judah’ and ‘Omoghetto The Saga’.
In response to the corporate’s latest assertion, Lakatabu, which premiered on June 21, 2024, has rapidly grow to be one of many yr’s most profitable Nollywood movies.
Lakatabu stars Odunlade Adekola, certainly one of Nigeria’s highest-grossing actors of 2023. His star energy undoubtedly contributed to the movie’s strong efficiency on the field workplace.
Information from the Cinema Exhibitors Affiliation of Nigeria (CEAN) reveals that Lakatabu was the highest-grossing Nollywood movie from June 21 to June 27, 2024, raking in practically N65 million throughout this era alone.
The movie’s robust begin was highlighted by Nairametrics, which reported that Lakatabu earned N47 million in its opening weekend, securing over 11,000 cinema admissions. This debut marked the third-highest opening of 2024. Final week it was reported that its earnings stood at around N94 million.
Odunlade Adekola’s efficiency in the indigenous movie follows a sequence of profitable roles earlier this yr. Notably, he was featured in Nollywood actress Eniola Ajao’s producer debut epic, Ajakaju (Beast of Two Worlds), which surpassed N100 million in ticket gross sales inside simply 5 days of its launch on March 29, 2024, eventually grossing N250 million.
What we all know
Lakatabu packs up an ensemble forged together with notable actors Adebayo Salami, Adedimeji Lateef, and Akin Lewis.
The movie follows Adekola’s character, an armed robber with magical powers, as he terrorizes communities by kidnappings and murders. The plot thickens as his character encounters threats from rivals, exploring the challenges and worry he evokes.
Odunlade Adekola continues to solidify his popularity for delivering high-grossing movies. His earlier work, Orisa, earned N127 million, showcasing his constant field workplace attraction. Identified for his compelling performances and directorial abilities, Adekola has additionally made a major mark within the business, incomes two AMVCA awards for his versatility in each comedic and supporting roles.
Trade Tendencies
The success of Lakatabu is a part of a broader development of epic and indigenous movies gaining traction at Nigerian cinemas. These movies are more and more drawing important audiences, with many grossing round N100 million or extra.
A main instance is Kayode Kasum’s Ajosepo, which recorded over N200 million on the Nigerian field workplace. The film starred Timini Egbuson, the highest-grossing actor of 2023, alongside Tomike Adeoye within the lead roles.
This development portrays a shift in viewers preferences in the direction of native storytelling and culturally resonant narratives.
As Nollywood continues to evolve, the business is witnessing a renaissance of Indigenous movies that captivate audiences and ship substantial field workplace returns. This evolution not solely highlights the dynamic nature of Nigerian cinema but additionally factors to a promising future for Nollywood’s development and international affect.