Deadpool & Wolverine was the highest-grossing foreign movie at Nigerian cinemas in 2024

  • Four of 2024's top-grossing movies in Nigeria were not among the top 15 globally, showing a local preference for some movies.
  • The world's highest-grossing 2024 movie, Inside Out 2, underperformed in Nigeria
  • Movie franchises and sequels dominated the list, as only two movies were neither a sequel nor part of a franchise.
  • The top 15 foreign titles at the Nigerian box office grossed ₦3.95 billion, more than the top local title's ₦3.37 trillion.

The world's second highest-grossing movie in 2024, Deadpool & Wolverine, was the highest-grossing foreign movie at Nigerian cinemas in 2024. The highest-grossing movie globally, Inside Out 2, ranked 15th in Nigeria, grossing a little over ₦100 million.
From legacy sequels like Gladiators II to fantasy franchises like Dune: Part Two, the top-grossing foreign movies in Nigeria's cinemas were mostly franchises and sequels, largely aligning with global box office trends.
While a foreign movie was not Nigeria's highest-grossing movie, the top 15 foreign movies outperformed the top 15 Nollywood movies at the Nigerian box office, asserting their dominance over the local cinema market. With ₦3.95 billion in ticket sales, the top foreign movies out-earned the leading Nollywood movies by ₦576.39 million.

Source:

Nile Entertainment

Period:

2024
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  • December 2024 saw the biggest year-on-year increase in average movie ticket price since the 38.5% increase in 2021.
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  • The South-South emerged as the strongest market outside Lagos, contributing ₦2.1 billion, nearly 50% more than the South-West.
  • Abuja outperformed all three northern zones combined, earning ₦852 million, which is nearly four times their total revenue.
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Filmhouse Cinemas earned the highest gross box office revenue in 2024
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  • Ghana is the second-largest market but has only seven locations and 18 screens, significantly trailing behind Nigeria.
  • Sierra Leone has four cinema locations and eight screens, while Liberia has just one location with two screens, highlighting the limited cinema infrastructure in both countries.
  • The overwhelming concentration of cinema infrastructure in Nigeria reflects its established film industry and audience demand.
A Nollywood movie has crossed the ₦1 billion mark for two consecutive years
  • The highest-grossing Nollywood movie has grown from a modest ₦30 million in 2009 to over ₦1 billion in 2023.
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  • Four of Nollywood's highest-grossing movies in the past five years have been produced by Funke Akindele.
Everybody Loves Jenifa was the only movie to gross over ₦1 billion in 2024
  • Nigeria's box office is still dominated by foreign titles, with only four local titles in the top ten movies.
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  • The world's highest-grossing movie, Inside Out 2, did not make it to Nigeria's top ten movies.
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