Nollywood’s latest two blockbuster movies, All people Loves Jenifa by Funke Akindele and Alakada: Dangerous & Boujee by Toyin Abraham, have collectively earned a whopping N2 billion on the Nigerian field workplace.
This unbelievable achievement exhibits the rising energy of Nollywood and its means to attract enormous audiences.
The way it all occurred
In response to FilmOne, a high film distribution firm in West Africa, Funke Akindele’s All people Loves Jenifa was the primary contributor, incomes a large N1.6 billion, a powerful 80% of the full income. In the meantime, Toyin Abraham’s Alakada: Dangerous & Boujee introduced in N401 million, making up the remaining 20%.
Each films have been launched in the course of the vacation season, only a week aside, and their success helped push Nigeria’s 2024 field workplace income to a record-breaking N11.58 billion.
The Magic of ‘All people Loves Jenifa’
Launched on December 13, 2024, All people Loves Jenifa was an prompt hit. In simply 14 days, it grossed N783 million, breaking information and cementing its place as one among Nollywood’s most profitable movies. By its nineteenth day, the movie had crossed the N1 billion mark, incomes over N1.03 billion from 201,604 tickets bought.
The film’s second weekend noticed over 71,700 individuals flocking to cinemas, making it the quickest Nollywood movie to hit the N500 million milestone.
This success builds on Akindele’s earlier achievements, particularly with Omo Ghetto: The Saga, which grossed over N1.5 billion and stays one among Nollywood’s high earners. Even internationally, All people Loves Jenifa made waves, incomes $327,723 (about N240 million) inside 22 days in diaspora cinemas.
‘Alakada: Dangerous & Boujee’ – A Comedy Favourite
Toyin Abraham’s Alakada: Dangerous & Boujee, launched on December 20, 2024, was one other crowd-puller. Throughout its opening weekend, it earned N58.6 million and continued its profitable streak, grossing N134 million in simply its first week.
So far, the film has raked in N401 million, solidifying its place as one of many highest-grossing movies of the season. The Alakada franchise has at all times carried out properly, with earlier installments like Alakada Reloaded (2017) incomes N74.3 million and Destiny of Alakada (2020) grossing over N100 million in 53 days.
A record-breaking 12 months for Nollywood
The success of All people Loves Jenifa and Alakada: Dangerous & Boujee comes throughout a golden 12 months for Nollywood. In 2024, Nigerian field workplace income hit an all-time excessive of N11.58 billion, a big leap from N7.35 billion in 2023.
This represents a outstanding 60% development in only one 12 months and a staggering 460% improve since 2020.
Out of the 207 movies launched in 2024, 75 have been Nigerian productions. Impressively, 15 of those Nollywood movies earned over N100 million every, showcasing the trade’s rising industrial enchantment.
What makes these movies particular?
The success of those two blockbusters boils all the way down to their creators’ distinctive storytelling abilities. Funke Akindele and Toyin Abraham know craft tales that resonate with audiences. They convey humor, coronary heart, and a contact of actuality to their films, making them relatable and entertaining for Nigerians of all ages.
Their work not solely entertains but in addition conjures up the subsequent technology of filmmakers, proving that Nollywood has what it takes to compete on a worldwide stage.
