Top 2 highest-grossing Nollywood movies of 2023

The Nigerian film industry, popularly called Nollywood, has been making waves in recent years with its impressive box office records. 

Known for its unique storytelling and vibrant cinematography, Nollywood has become the second-largest film industry in the world, surpassing Hollywood in terms of the number of films produced annually.

One of the latest box office records set by Nollywood is the film "Jagun Jagun" released in August 2023.
 

The Femi Adebayo's film, has achieved remarkable success, grossing an impressive $1.4 million in just 30 days from date of release. This outstanding performance has positioned it as the highest-earning movie of 2023. Widely acclaimed, Jagun Jagun is hailed as a masterpiece in the genres of combat, drama, and epic, making it a standout addition to the Nigerian cinema landscape.

Another notable box office success is the film by Funke Akindele, a renowned Nigerian actress and filmmaker, has once again demonstrated her dominance in the Nollywood film industry in 2023. 

With her latest movie, "A Tribe Called Judah," released just 17 days ago, Funke has solidified her position as the reigning queen of Nollywood cinemas and shows no signs of giving up that title anytime soon. The film has been a massive success, grossing an impressive N400 million within just 12 days of its release, as reported by Nairametrics.

Furthermore, Nollywood has been expanding its reach beyond Nigeria, with films gaining recognition and success in international markets. For instance, the film "Lionheart," directed by Genevieve Nnaji, became the first Nigerian film to be acquired by Netflix. The film received critical acclaim and was selected as Nigeria's official entry for the Best International Feature Film category at the 2020 Academy Awards.

In addition to these individual films, Nollywood as a whole has been experiencing significant growth and recognition on the global stage. The industry's films have been showcased at prestigious international film festivals, including the Toronto International Film Festival and the Cannes Film Festival, further solidifying Nollywood's presence in the global film circuit. This exposure has not only attracted international audiences but has also opened doors for collaborations and co-productions with filmmakers from around the world, while the films have found a global audience on platforms like Netflix, Amazon Prime, Showmax, YouTube and iROKOtv. This digital distribution has allowed Nollywood to reach a wider audience and has contributed to the industry's growing popularity and revenue.

Nollywood's recent achievements and successes demonstrate the industry's growth, creativity, and ability to tackle important social issues. With its unique storytelling, cultural relevance, and increasing global recognition, Nollywood continues to captivate audiences and make its mark on the international film industry. As the industry continues to evolve and innovate, it is poised to make an even greater impact and solidify its position as a global powerhouse in filmmaking.

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