Barbenheimer grossed a combined ₦56.6m in Nigerian cinemas during their first weekend
Nigerians spent ₦56.6 million last weekend seeing two blockbuster movies — #Barbie and #Oppenheimer. Popularly called Barbenheimer, they were released simultaneously on July 21, 2023. Barbie made 129% more than Oppenheimer in their first weekend.
Avatar remains the highest-grossing movie globally, earning $2.92 billion.
Titanic, released in 1997, is still among the top-grossing films with $2.22 billion, showing the lasting appeal of classics.
Recent films like Avatar: The Way of Water ($2.32 billion) and Spider-Man: No Way Home ($1.92 billion) prove that sequels and superhero films continue to drive massive revenues.
Disney properties dominate the list, with multiple Marvel, Star Wars, and animated films ranking among the top earners.
The boneless beef price recorded the largest increase of more than ₦3,620 on average, followed closely by dried catfish (+₦3,619.35) and frozen chicken (+₦3,583.82).
Prices of major animal proteins have more than doubled, with price increases ranging from ₦1,900 to ₦3,630 on average.
The top 20 food items saw price hikes of at least ₦1,900.
The cost of a medium-sized crate of eggs more than tripled between May 2023 and December 2024.
Spotify’s expansion into Nigeria in 2021 opened the market to global streaming, contributing to the rapid rise of Nigerian artistes on the platform.
Nigerian artistes saw significant revenue growth, earning over ₦11 billion in 2022 and exceeding ₦25 billion in streaming royalties by 2023.
Rema’s "Calm Down" became the first African song to surpass one billion streams, with the milestone first reached in 2023.
Spotify’s influence on Afrobeats has been reinforced through curated campaigns like "Afrobeats: Journey of a Billion Streams" and multiple industry events.
Nigerian music continues to dominate local streaming, with Asake ranked as the country’s most-streamed artist on Spotify in 2024.
Spotify has increased its investment in Nigeria’s creative industry by hosting major events, such as the annual Wrapped Party and the two-day Afrobeats Celebration Event in 2023.
Spotify’s partnership with United Masters in 2025 signals continued support for emerging Nigerian artistes, strengthening global opportunities for independent talent.