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N359 million Spent By Nigerians Over The Yuletide

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The Yuletide season has reached its twilight, it was recorded that several Nigerians took to the street and markets to make it a memorable one and others found self-gratification in the movies.

Movie lovers across Nigeria spent a whopping sum of N359 million in cinemas between December 21st and 27th, 2018. The disclosure was made public according to data provided by the Cinema Exhibitors Association of Nigeria.

The five highest-grossing movies in the cinemas during the period were Aquaman, Chief Daddy, Bumblebee, Animated Spider -Man and God Calling. It was gathered that Aquaman grossed N168,434,137 while Chief Daddy earned N101,979,343. King of Boys, Lionheart, Mary Poppins Returns, Mortal Engines and Grinch made up the other half of the top 10.

Cinemas across the country recorded N166,996,007 between December 28 and 30, 2018. From facts available, a total of N682.2 million was spent in cinemas between December 14 and December 30 on movies alone, not including money spent on drinks and popcorn.

As of November 15, Merry Men, a movie produced by Ayo Makun popularly known as AY, was ranked the highest-grossing movie with a total income of N230m.

According to Moses Babatope, the Group Executive Director, Filmhouse Cinemas, King of Boys has accounted for 45 per cent of the market share since it opened while almost 50 per cent of Ghost and the Tout earnings came from south -west, Nigeria.

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