Nollywood has another billion-naira movie on its hands. Toyin Abraham’s Oversabi Aunty has surpassed ₦1 billion at the… The post Oversabi Aunty crosses ₦1bn boxNollywood has another billion-naira movie on its hands. Toyin Abraham’s Oversabi Aunty has surpassed ₦1 billion at the… The post Oversabi Aunty crosses ₦1bn box

Oversabi Aunty crosses ₦1bn box office revenue, sets new Nollywood record

2026/01/27 01:31
3 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Oversabi Aunty has crossed ₦1 billion in box office revenue
  • The film has earned over ₦1.01 billion across West African cinemas
  • It is now the 4th-highest-grossing Nollywood film ever
  • It is also the first directorial debut in Nollywood history to hit ₦1bn

Nollywood has another billion-naira movie on its hands.

Toyin Abraham’s Oversabi Aunty has surpassed ₦1 billion at the box office, according to distributor FilmOne, making it one of Nollywood’s highest-grossing films with ₦1.01 billion earned in West African cinemas.

With the achievement, Oversabi Aunty becomes the fourth-highest-grossing Nigerian film ever released in cinemas. It also makes history as the first Nollywood directorial debut to cross the ₦1 billion threshold, a rare feat in an industry where box office dominance is often led by more established directors.

Oversabi Aunty

The film earned over ₦700 million in its first three weeks in theaters. New figures reveal that it remained popular even after its initial release, solidifying its position as one of Nollywood’s most commercially successful movies.

Oversabi Aunty: what the win means for the film industry

Reaching ₦1 billion is becoming more frequent for Nollywood, though still a significant milestone. The industry, which once struggled for consistent theatrical success, now sees multiple films rapidly surpassing box office records, indicating growing audience confidence in cinema.

Read also: Cinema: Behind The Scenes, Everybody Loves Jenifa, Sinners lead top 10 revenue chart in 2025

Oversabi Aunty’s performance also stands out because it wasn’t backed by a long-established directing brand. For a first-time director to reach this level suggests audiences are responding more to storytelling, casting, and buzz than just pedigree, a shift that could widen opportunities for emerging filmmakers. This is a win for Toyin Abraham.

Oversabi Aunty crosses ₦1bn at box office, sets new Nollywood record

FilmOne has confirmed that its revenue comes from cinemas throughout West Africa, not only in Nigeria. This regional success is important because the film industry, which has historically relied on Nigerian audiences, is now expanding into broader theatrical distribution across West Africa to drive growth.

The movie’s success shows that releasing films in theaters first is still a good strategy, even though streaming services are changing how movies are distributed. Earning ₦1 billion at the box office proves to producers that showing movies in theaters can still make a lot of money before they are available online.

Netflix’s geo-restrictions on Nollywood films spark debate

It also sets new expectations. When many movies start reaching the same revenue levels, future movies will be judged against those benchmarks. Distributors and investors might become more selective, supporting projects they think can compete at that high level instead of simply funding a large number of projects.

The post Oversabi Aunty crosses ₦1bn box office revenue, sets new Nollywood record first appeared on Technext.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche

The post BDACS, Woori Bank Launch South Korea’s First Won-Backed Stablecoin on Avalanche appeared on BitcoinEthereumNews.com. In brief Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, through a partnership with Woori Bank. Each token maintains full collateralization with Korean won held in Woori Bank escrow, according to BDACS. The launch comes amid competing parliamentary bills that debate interest payments and capital requirements for stablecoin issuers. Digital asset custodian BDACS has launched KRW1, South Korea’s first fully regulated won-backed stablecoin, in partnership with Woori Bank. The announcement follows completion of a proof of concept validating technical infrastructure spanning fiat deposits, token issuance, and blockchain verification, as per a Thursday press release. Each KRW1 token maintains full collateralization through South Korean won held in escrow at Woori Bank, with real-time banking API integration providing transparent proof of reserves, according to BDACS’ statement. The company trademarked the KRW1 brand in December 2023, building infrastructure before the advent of formal regulations. KRW1 launched on the Avalanche blockchain, chosen for its “high-performance capabilities” and recognition by Korea’s Internet & Security Agency for “reliability in public-sector applications.” “The successful test pilot of KRW1 demonstrates the need for a highly-performant and reliable blockchain tailored for a regulatory-compliant stablecoin,” Justin Kim, Head of Asia at Ava Labs, said in the statement. BDACS envisions KRW1 serving remittances, payments, investments, and deposits, with public-sector deployment planned for low-cost payment and settlement systems in emergency relief disbursements. The company plans to expand KRW1 to additional blockchains and explore collaborations with global stablecoin networks, including potential partnerships with USD-backed issuers Circle and Tether, according to the press release. Stablecoins in Asia South Korean internet giant Kakao is also developing a won-pegged token through its Kaia blockchain, having registered trademarks including “KRWGlobal” and “KRWKaia” in August, Decrypt reported earlier. The launch comes as Korea’s neighbors advance their own stablecoin initiatives, with Japan’s JPYC…
Share
BitcoinEthereumNews2025/09/18 19:28
Ripple CEO Reacts to BBB Rating for Ripple Prime, Lists Three Points It Validates

Ripple CEO Reacts to BBB Rating for Ripple Prime, Lists Three Points It Validates

The post Ripple CEO Reacts to BBB Rating for Ripple Prime, Lists Three Points It Validates appeared on BitcoinEthereumNews.com. Brad Garlinghouse, CEO of Ripple
Share
BitcoinEthereumNews2026/04/03 11:28
US Dollar Index (DXY) Forecast: Critical Double Top Pattern Looms at 100.60 Resistance

US Dollar Index (DXY) Forecast: Critical Double Top Pattern Looms at 100.60 Resistance

BitcoinWorld US Dollar Index (DXY) Forecast: Critical Double Top Pattern Looms at 100.60 Resistance Financial analysts are closely monitoring the US Dollar Index
Share
bitcoinworld2026/04/03 10:35

Trade GOLD, Share 1,000,000 USDT

Trade GOLD, Share 1,000,000 USDTTrade GOLD, Share 1,000,000 USDT

0 fees, up to 1,000x leverage, deep liquidity