Additionally, he noted that cinemas welcomed approximately 2.66 million attendees in 2024, compared to 2.54 million in the previous year.
“We have recorded 60 per cent growth in revenue in 2024 and about 4.5 per cent growth in admissions despite harsh economic climate.
“This is a remarkable achievement and it is a testament to the industry’s resilience, creativity and determination.
“It is also the first time we are seeing a growth in admissions since 2020 signaling a significant upturn in the cinema subsector,” he said.
Ajayi’s assessment of the top five Nollywood films of 2024 includes *Everybody Loves Jennifer*, *Queen Lateefah*, *Ajosepo*, *Ajakaju*, and *Alakada Bad & Boujee*.
He said “Everybody Loves Jennifer” raked in N1.124billion, “Queen Lateefah” made N365.5million, “Ajosepo” scooped in N257.3million, “Ajakaju” made N252.8million while “Alakada Bad &Boujee” raked in N229.1million.
“Everybody Loves Jennifer and Alakada Bad & Boujee are still in cinemas.”
Mr. Ajayi observed that the top five grossing Hollywood films of 2024 were *Deadpool & Wolverine*, *Bad Boys 4*, *Gladiator II*, *Moana 2*, and *Venom 3*.