Nigerian Cinemas Revenues Projected To Hit N700 million In Sept 2022

The National President of Cinema Exhibitors Association of Nigeria (CEAN) Ope Ajayi, has projected that Nigerian cinema’s revenues could hit N700 million in Sept 2022, with the main blockbuster movies set to be released at the cinemas.

According to him “September 2022 features two main blockbusters – ‘The Woman King’ and ‘Brotherhood’.

“Both have the potential to make September 2022 the best month since the inception of the Nigerian box office, with revenues projected to hit N700 million, in several cities, especially Lagos.

Ajayi revealed on Tuesday that the association generated N378 million from ticket sales across cinemas in the country in August.

The stated figure represented a 28 per cent increase when compared to the N294 million realised in August 2021.

He, however, said that there was a 19 per cent decline in tickets sold in August, as N471 million was generated in July.

“The 37 films shown in August realised over NGN378 million at the box office.

“13 Hollywood films accounted for 72.4 per cent while 16 Nollywood films made a little over 22 per cent.

He further explained that the top five grossing films in August were: Thor: Love and Thunder, Bullet Train, Beast, Hey you! and League of Surpets.

“Thor: Love and Thunder remained the highest-grossing, with N80 million in the month, which brings its lifetime revenue at Nigeria’s box office to over N350 million, as of 31st August,” he said.

Ajayi said the films to be out in September were: Where the Crawdads Sing, Passport, Symphony, Inside Life, Finding Ireti, The Woman King, Ticket of Life, Ticket of Paradise, Don’t Worry Darling.

Others are: Brotherhood, Smile/Tad He Lost Explorere and The, See How They Run, Choke, The Enforcer, Anikulapo and Osorongo.

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