The Nigerian movie trade has showcased distinctive efficiency for the reason that begin of 2024, with momentum persevering with from December’s high-profile releases.
The sector has amassed a sturdy N6 billion in whole income, with Nollywood films capturing an impressive 50.05% market share.
This positions the Nigerian field workplace on monitor to fulfill its bold N10 billion income goal, considerably surpassing the earlier yr’s N7.24 billion.
Nollywood movies have made a big contribution, accounting for N2.32 billion of the full income and 640,539 admissions.
This barely outpaces Hollywood’s contribution of N2.32 billion, which represented 49.95% of the market share. Nonetheless, Hollywood movies recorded fewer admissions, with 559,122 tickets offered, equating to a 46.61% share of cumulative admissions in comparison with Nollywood’s 53.39%.
Regardless of this achievement, Nollywood’s admissions development has been marginal, at simply 0.01% year-on-year, with whole ticket gross sales hovering round 1.1 million.
On this context, Nairametrics has spotlighted the filmmakers behind a few of the yr’s highest-grossing movies, every surpassing the N100 million mark.
This consists of key successes from the primary eight months of 2024 in addition to standout releases from December 2023.
Field workplace income: N100 million
Emmanuel Aniefiok Iren, is a Nigerian preacher, gospel singer, songwriter, and filmmaker. He’s the founding father of Celebration Church Worldwide (CCI), headquartered in Lagos, Nigeria, which has grown to over 15,000 members worldwide with 30 branches throughout Nigeria, the UK, Canada, and the USA.
Iren’s music profession additional expanded in 2022 with the discharge of his debut solo album, Apostolos: Sounds of Transition, that includes outstanding gospel artists like Sinach and Judikay. The album rapidly gained recognition, peaking within the prime 10 on Apple Music.
Along with his ministry and music, Iren made his filmmaking debut in 2024 as the chief producer of What About Us, a movie that grossed N100 million on the Nigerian field workplace.
Directed by Kayode Kasum and written by Ife Olujuyigbe, the movie marks one other artistic milestone in Iren’s multifaceted profession.
