Learn more

Over 14% of the total gross was earned by Akindele’s film, which has become the first Nollywood film to hit one billion dollars in the cinema. Nigerian cinemas grossed more than 7.2 billion naira in 2023 from over 2.6 million admissions, with Nollywood averaging a 39% market share, according to a new report.The News Agency of Nigeria (NAN) reports that the earnings are over 416 million naira more than in 2022 with a 7% year-on-year increase in market share. However, while 2022 gross was earned from 64 locations, there was a total of 70 locations in 2023. According to data insights from The Ind…