Entertainment

Nollywood Veteran Jide Kosoko In Debt After ₦300M Cinema Release Flops

Veteran Nollywood actor Jide Kosoko has revealed significant financial fallout after his theatrical release, Leko Esu Gbayi, failed to recoup its ₦300 million budget. The box office disappointment left his backers without returns, highlighting the volatile economics of cinema distribution in Nigeria's film industry.

InformationNG·October 23, 2026AI-curated

Veteran Nollywood actor Jide Kosoko has revealed how he and his investors suffered financial losses after taking his movie, Leko Esu Gbayi, to the cinema. Speaking during an interview, the actor disclosed that producing and releasing the film cost more than ₦300 million, stressin

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