Nigeria's cinema sector doubles box office revenue to N15.64bn in 2025

Nigeria's cinema industry has seen explosive growth, with box office revenue surging from N7.36bn in 2023 to N15.64bn in 2025, projected to reach N20bn by 2026. Nollywood films now command 49.4% of total revenue, surpassing Hollywood's share and highlighting the commercial strength of local storytelling. Major operators like Silverbird, Filmhouse, and Genesis Cinemas are expanding multiplex chains nationwide while supporting Nollywood productions. This growth reflects Nigeria's evolving cinema culture blending global content with homegrown creativity. The Olusegun Obasanjo Presidential Library's cinema generated N312.5m in 2025, demonstrating strong audience engagement despite its smaller footprint.

SOURCE: https://nairametrics.com/2026/02/22/meet-the-owners-of-nigerias-largest-cinemas/