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Home Economy Personal Finance

Everybody Loves Jenifa’ Boosts Box Office to ₦1 Billion Within a Week

by Destiny Eseaga
December 31, 2024
in Personal Finance
0
Everybody Loves Jenifa
UBA
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Funke Akindele’s newly released movies, “Everybody Loves Jenifa” and “Alakada! Bad and Boujee,” have driven Nigerian cinemas to achieve record ticket sales of over ₦1 billion in just one week.

According to data from Nile Media Entertainment Group, tickets valued at ₦1.02 billion were sold between December 20 and December 26, 2024, marking a record high for Nigerian cinemas.

“Today, we’re proud to share an incredible milestone: the Nigerian box office has crossed 1 billion Naira in a single week in 2024,” the independent entertainment company stated.

Funke Akindele’s movie, “Everyone Loves Jenifa,” has had 153,800 total ticket sales as of December 26 and has made N782.8 million in 14 days, on track to surpass the N1 billion naira mark in fewer days than “A Tribe Called Judah,” her previous record-breaking film, which hit a billion in ticket sales in 21 days.

The movie is already the fastest Nollywood film to gross N500 million, hitting this milestone in just 12 days.

The movie earned $100,000 during its opening weekend across nine international territories, including the UK, USA, Canada, and Australia.

A breakdown of the numbers across the week revealed that December 26 was the highest-grossing day in box office history, with ticket sales totaling N256.4 million.

More than 47,500 tickets were sold on said day, making it the third-highest day for ticket sales, behind 55,449 on December 26, 2019, and 52,563 on December 26, 2018.

“Everybody Loves Jenifa” continued its impressive run, becoming the first movie to gross over N100 million in a single day, surpassing its previous record of N89.8 million. Within the week, four titles soared past N25 million in one day, five titles hit N15 million in a day, six titles grossed N10 million in one day, and eight titles grossed over N5 million.

Industry data from the Nigerian Box Office X page revealed ticket sale performance in the week was led by “Everybody Loves Jenifa,” which made N426.9 million, Mufasa with N173 million, “Alakada: B&B” with N127.3 million, “The Waiter” with N104.2 million, and “Moana 2” with N52.7 million.

Nile Media highlighted that the N1.02 billion figure reflects the film industry’s passion, creativity, and resilience.

“It is proof that our stories matter, that audiences are eager to connect, and that together, we can achieve greatness,” it stated.

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  • Destiny Eseaga

    My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

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Destiny Eseaga

Destiny Eseaga

My name is Destiny Eseaga, a communication strategist, journalist, and researcher, deeply intrigued by the political economy of Nigeria and the broader world context. My passion lies in the world of finance, particularly, capital markets, investment banking, market intelligence, etc

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