Nigeria’s Cinema Records Over N346m Revenue In March

The Cinema Exhibitors Association of Nigeria on Monday said that it generated N346.6 million from tickets sold across the country in March.
The CEAN’s National President, Patrick Lee, disclosed this in an interview with newsmen in Lagos.
Lee said that the figure represented 45 per cent increase compared to 189 million realised in March 2021.
He also said that there was a seven per cent improvement in ticket sales in March, as N301.48 million was generated in February.

“For the month of March 2022, we have N346,607,688.00 ticket sales, this is quite encouraging compared to what we had in February, N301,480,148.00.

“Comparatively, 2022 has continued to record higher box office revenue than 2021, March shows a 45 per cent improvement from 2021 performance and a 7 per cent growth from February 2022.
“Of the 41 films shown in Nigeria cinemas in the month of March, Hollywood accounted for 75 per cent of revenues despite having only 14 titles,” he said.