Nigerian cinemas record nearly 50% revenue increase YoY in January 

The Cinema Exhibitors Association of Nigeria (CEAN) has kicked off the year with a commendable financial performance, generating almost 50% more in revenue on a year-on-year basis.

The National President of CEAN, Opeyemi Ajayi announced that for January 2024, Nigerian cinemas had generated a revenue of $750k across the country.

On a year-on-year basis this is 46.5% increase when compared to $512k recorded in January 2023.

Read more at Nairametrics

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