Federal Character
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion
No Result
View All Result
Federal Character
No Result
View All Result
Home Government

Nigerian Cinemas Gross ₦4.6bn in First Half of 2024

Rita OrakwuebyRita Orakwue
July 31, 2024
in Government
0
Nigerian Cinemas Gross ₦4.6bn in First Half of 2024
Share on FacebookShare on TwitterShare on Whatsapp

According to data compiled early last year, Nigerian cinema earned a total of ₦4. 6 billion, representing a growth from the ₦3 billion achieved in the other years in 2023. This growth has been confirmed by an increase of thirty-four percent in the gross box office receipts.

The total gross income made from Nollywood and Hollywood movies shared approximately the same amount where Nollywood made ₦2,325,930,952 while Hollywood earned ₦2,321,273,174. This parity is a positive signal for the domestic film market, indicating that Nollywood has begun to stake its claim in this market.

The movie attendance did not change from the previous year and stood at 1,199,661, with citizens preferring Nollywood to Hollywood. Hoping to deliver the much-needed boost for the second half of the year, several big films from both industries are lined up for release in August.

The predictions for the Nigerian market therefore show that as the industry matures, Nollywood could actually surpass Hollywood by 2025 at the box office.

The presence of such a trend proves the growth of the demand and the improvement of Nigerian films.

Tags: 2024CinemasEntertainmentfederal characterNewsnigerianNigerian Cinemas Gross ₦4.6bn in First Half of 2024
Rita Orakwue

Rita Orakwue

Orakwue Rita is a mass communication graduate and versatile content writer. With a background in journalism and creative writing, she excels in creating engaging and high-quality content for various platforms, including social media, blogs, and websites. Her storytelling skills make her a valuable asset in content creation.

Related Posts

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors
Government

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

October 22, 2025
Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell
Government

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

October 22, 2025
Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work
Government

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

October 22, 2025
Next Post
AI Investment: Nvidia’s Share Rises, Microsoft Decline

AI Investment: Nvidia's Share Rises, Microsoft Decline

#EndBadGovernance Protest: UNILAG Postpones 2nd-Semester Exams

#EndBadGovernance Protest: UNILAG Postpones 2nd-Semester Exams

Adegboruwa Urges Shortened #EndBadGovernance Protest Amid Govt Panic

Adegboruwa Urges Shortened #EndBadGovernance Protest Amid Govt Panic

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

5 Delicious Potato Dishes Recipes

5 Delicious Potato Dishes Recipes

12 months ago
NPA expects 7 ships carrying petroleum products to dock in Lagos.

NPA expects 7 ships carrying petroleum products to dock in Lagos.

3 years ago
Peter Obi Declares the Problems of Nigeria to not be Unsolvable.

Peter Obi Declares the Problems of Nigeria to not be Unsolvable.

3 years ago
Africa’s Ongoing Struggle: Deadly Congo Clash Exposes Post-Independence Dependency

Africa’s Ongoing Struggle: Deadly Congo Clash Exposes Post-Independence Dependency

2 years ago

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

Topics

2023 Aboki/Bureau De Change (BDC) apc Arsenal buhari Business cbn chelsea china court Davido Dollar Efcc Election Entertainment Euro and Pounds To Naira Exchange Rate For Today exchange rates for the Nigerian Naira (NGN) Fashion federal character federal government Finance food Football Foreign News government health inec Israel lagos Manchester United Naira Naira Black Market exchange rates News Nigeria pdp police Politics president protest Russia Sports tinubu trump ukraine US
No Result
View All Result

Highlights

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

Baltimore’s Mayor’s Wife Faces Investigation

Should Mayor Brandon Scott Resign?

Sowore Condemns Police “Brutality,” Gives Update on Kanu’s Lawyer and Brother After Prison Visit

Offensive Texts Sink Trump’s Court Nominee, Forcing Sudden Withdrawal

Trending

Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League
Sports

Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League

byHashim Kolawole
October 22, 2025
0

Victor Osimhen’s amazing two-goal performance led Galatasaray to an outstanding 3-1 victory over Bodo/Glimt in the UEFA...

The Internet Declared Kendall Jenner's 'King Kylie' Outfit a 'Fail.' Here's Why They're Right

The Internet Declared Kendall Jenner’s ‘King Kylie’ Outfit a ‘Fail.’ Here’s Why They’re Right

October 22, 2025
Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

October 22, 2025
Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

Sarkozy Gets VIP Treatment in Jail as Police Guard His Cell

October 22, 2025
Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

Nigeria Bets $220 Million on Jobs While Youths Still Wait for Work

October 22, 2025

We launched Federal Character in February 2021 based on the belief that the world is in need of smarter and more efficient reporting of events shaping our rapidly changing world. We pledged to put our audience first, always.

Recent News

  • Osimhen Scores Twice as Galatasaray Win 3-1 Away Against Bodo/Glimt in Champions League
  • The Internet Declared Kendall Jenner’s ‘King Kylie’ Outfit a ‘Fail.’ Here’s Why They’re Right
  • Nigeria Bans Sex with Minors but Ignores Muslim Marriages to Minors

Categories

  • Beauty
  • Business & Finance
  • Entertainment
  • Fashion & Lifestyle
  • Food & Nutrition
  • Government
  • Health
  • News
  • Politics
  • Relationship and Life
  • Sports
  • Tech

© 2024 FederalCharacter.com

No Result
View All Result
  • Home
  • News
  • Politics
  • Business & Finance
  • Entertainment
  • Sports
  • Tech
  • Relationship and Life
  • Fashion & Lifestyle
  • Food & Nutrition
  • Health
  • Opinion

© 2024 Federalcharacter.com