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Exclusive: Funke Akindele rakes in close to almost N1billion in two years (Top 100 movies)

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Funke Akindele with husband, JJC Skillz

The task of a movie director is to direct the actors and other staff members to convey the desired theme behind a script, basically bringing it to life. This is why their role in film production is critical to how it is embraced by the viewers.

Although attending theater or film school might be very helpful, becoming a filmmaker in practice is not an easy undertaking. Nollytrailers believes the trick is to just get started producing movies with whatever tools you have. Some of the most well-known directors in this era started like this. Greats like Walt Disney, James Cameron, Francis Ford Coppola, Woody Allen, Katherine Howe, David Fincher, Guillermo Del Toro, Stanley Kubrick, John Cassavetes, Wim Wenders, Akira Kurosawa, Orson Welles, and Martin Scorsese evolved from turning meager ideation into enchanting viewership experiences.

For many aspiring actors, directors, photographers, designers, make-up artists, editors, costume designers, set designers, authors, screenplay writers, and other artists, the film industry is a dream worth throwing their entire existence to. Making a movie is laborious and expensive in terms of the concept and budget. The duration of the process ranges from months to years, usually because good filmmakers are literally meticulous ‘dream weavers’ – they are skilled in projecting fantasies as reality and creating an entire culture and cult-like community out of their act.

Nollywood’s rapid expansion in the last two decades has seen the rise and rise of great filmmakers, who are creating captivating work pieces that attract billions of naira in screening revenues every year. From the legendary Ejiro brothers, Jeta Amata, and Tunde Kelani to Kunle Afolayan, Kemi Adetiba, Omoni Oboli, Niyi Akinmolayan, Ishaya Bako, and densely-followed Funke Akindele and others, Nigeria’s filmmakers have continued to produce money-spinning films stealing attention from Hollywood blockbusters across the African continent with the biggest spend coming from the huge Nigerian market (see our analytical article on Africa’s box office here).

Nollytrailers.com highlights the top-performing filmmakers and how much their works have commanded in revenue. The ‘I need to know’ teenage actor turned filmmaker and producer, Funke Akindele led the pack (by weighted average performance and combined volume) with two of her works, Omo Ghetto: The Saga and Your Excellency, in the top 11, grossing a combined revenue of 822million naira in two years. Niyi Akinmolayan follows, with four of his works grossing combined revenue of about N1.2bilion in the last 6years.

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See below a list of the 100 top-grossing Nigerian movies ever to be shown in Nigerian theaters, the producers and the filmmakers behind them. This gross sum does not include earnings from special screenings, DVD sales, online streaming, or theatre showings outside of West Africa’s English-speaking region. Since their box office totals were not adjusted for inflation, movies released before 2008 are also not included on this list.

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Nollytrailers Highest Grossing Nollywood Filmmakers of All Times

References
Top 20 Films Report 9th-15th April 2021″. Nigeria: CEAN. Retrieved 10 August 2021.
Top 20 films 27th December 2019 2nd January 2020″.
Top 20 Films Report 12th 18th November 2021″.
Top 20 Films Report 17th 19th June 2022″.

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Dangote Refinery Sets ₦525 Share Price for Landmark IPO

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Dangote Petroleum Refinery has set its initial public offering price at ₦525 per share, with the company seeking to raise about ₦2.15 trillion as it prepares to enter Nigeria’s public equities market.

The Securities and Exchange Commission has approved the offer for 4.1 billion ordinary shares at ₦525 each. If fully subscribed, the offer would generate approximately ₦2.15 trillion, equivalent to about $1.6 billion at current exchange rates.

The offering is expected to open on 14 September 2026, according to Aliko Dangote, the president of Dangote Industries. The planned sale is positioned to become one of the largest equity offerings in Africa.

The IPO marks a significant step in Dangote Group’s plans to broaden ownership of the refinery and raise additional capital for expansion.

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The refinery currently has a stated processing capacity of 650,000 barrels of crude oil per day. Dangote has said the company plans to increase that capacity to 1.4 million barrels per day as part of its longer-term expansion strategy.

The planned share sale follows a $1 billion underwriting programme completed in August, providing additional financial backing ahead of the public offering.

The refinery, located in the Lekki area of Lagos State, is one of Africa’s largest industrial projects and has become an increasingly important player in Nigeria’s fuel supply market since beginning operations.

The public offering will give Nigerian investors an opportunity to acquire shares in the refinery directly, while providing Dangote Petroleum Refinery with fresh capital to support its next phase of growth.

The company has also indicated ambitions to expand beyond its current Nigerian operations, with Dangote recently announcing plans for another refinery project in Kenya.

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MultiChoice Freezes DStv, GOtv Prices in Rare Relief Move

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MultiChoice

MultiChoice price freeze halts DStv and GOtv subscription hikes in 2026, offering relief as Canal+ targets growth and customer retention (more…)

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Awareness Committee commences early-bird registration for Rotary Day Celebration

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Rotary

Rotary District 9112 has opened early-bird registration for the 2026 Rotary Day Celebration in Lagos. Fees run N25,000 until February 28, 2026

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