Musicians are among the well paid artists in Nigeria. Even so, to make good earnings from music, you need to portray unique musical talent and deliver the best to your fans. Who is the highest paid musician in Nigeria? David Adeleke, popularly known as Davido is the highest paid musician in Nigeria. There are many other artists who are making a kill in the music industry in Nigeria. We are going to focus on some of the highest paid musicians in Nigeria.
How to Make Money in Music in Nigeria
There are many ways musicians make money in Nigeria. Some of the ways musicians make money in Nigeria include:
- YouTube channel
- Live performances
- Royalties and licenses
- Selling music in CDs and DvDs
- Digital sales
- music competitions
Highest Paid Artists in Nigeria Per Show
The following are some of the highest paid artists in Nigeria and their salaries.
David Adeleke, popularly known as Davido is the highest paid artist in Nigeria. He is also currently the most sought-after artiste in the country. Davido is a producer, record label owner and an Afro-pop and Afrobeat singer.
At time of writing, Davido has 4 albums with over 32 songs to his name, which has enabled him get a number of awards, both locally and internationally. He has also signed several successful artists like Dremo, Peruzzi, Shina Rambo, and others. Davido charges between N15 million and N40 million for local shows and between $100, 000 and $200, 000 to perform abroad.
Ayodeji Ibrahim Balogun, popularly known as Wizkid is the second highest paid musician in Nigeria. He is the first musician in Nigeria to feature popular American musicians in his songs. These include Drake, Beyonce, and Chris Brown.
Wizkid won awards at the 2021 Grammys alongside Burna Boy. When Wizkid is engaged out of the country, he is paid a minimum of $200, 000 (a little over N72 Million) per show. At home, Wizkid is paid between N10 million and N50 million per show.
Also read: Highest paying jobs in Nigeria.
3. P Square
P Square is a name for the identical brothers, Peter (Mr. P) and Paul Okoye (RudeBoy). They are popular Nigerian musicians who work closely together. Individually, Mr. P has worked with Akon, Dave Scott and Rick Ross. The musician is a dance lover and is good at rhythmic dancing.
On the other hand, RudeBoy or Kingrudy also has exceptional talent in singing and playing drums. Together they took the world by storm. They charge between N10 million and N15 million per show.
Olamide is one of the best paid musicians in Nigeria and arguably the richest rapper in the country. He charges between N7 million - N10 million for local shows and between $70, 000 - $100, 000 for international shows.
His brand has been growing consistently, making him among the highest sought musicians in Nigeria. He also gets chances to perform in shows hosted by the Lagos state government and other western states.
5. Yemi Alade
Yemi Alade is a Nigerian Afro-pop singer, songwriter, actress, and activist. She rose to fame following her victory at the Peak Talent Show in 2009. Yemi has released several albums which have had huge commercial success. She charges a minimum of N75, 000 per show outside the country.
6. Naira Marley
Naira Marley is a British-Nigerian singer and songwriter. His music is a blend of Afro-beats and hip-hop. He is the CEO of Marlian Records, which he launched in 2019. Naira charges between N6 million and N10 million for shows in the country and a minimum of $60, 000 for shows outside the country.
Also read: Highest paying companies in Nigeria.
7. Don Jazzy
Don Jazzy is a popular Nigerian music producer and businessman. He co-founded MO Hits Records and controls Mavins Records. Many successful artists like Tiwa Savage, Johnny Drille, Korede Bello, Ricardo Banks, and D’banj have come from his record label. Don Jazzy has composed beats for Kanye West’s album which featured Jay Z and Beyonce. Don Jazzy is reported to charge about N500, 000 or more to produce a song.
8. Burna Boy
Damini Ogulu, popularly known as Burna Boy is yet another highest-paid musician in Nigeria. His music career started when he signed a record deal at Aristokart Records. He has won four awards at the Soundcity MVP Awards Festival including African Artiste of the Year, Best Male MVP, and Listener’s Choice. In 2021, he also won the Best Global Music Album at the Grammy Awards.
To get Burna Boy to perform at a local show, you have to pay N10 million and provide a private jet for shows outside Lagos. For international shows Burna charges between $100, 000 and $150, 000.
9. Mr Eazi
Mr Eazi is also among the best paid musicians in Nigeria. He went viral in 2016 and his popularity has been growing since then. Mr Eazi charges between N6 million and N10 million for local shows. For shows outside of Nigeria, he charges between $100, 000 and $120, 000.
10. 2Face Idibia
2face Idibia began his music career as a member of the Plantashun Boiz. Later, he left the group to pursue a solo career. He has won several awards including one for Best International Collaboration (Rainbow ft. T-Pain). 2Face is reported to charge about N2.5 million per show.
11. Kizz Daniel
Kizz Daniel is a singer, entertainer, show performer, recording artist, and song writer. He is super talented and in 2013, he was signed into G-Worldwide Entertainment. However, he left the label following a contract dispute. Kizz Daniel founded the Fly Boy Inc Record label in 2017. He charges between N6 million and N10 million for local shows and $80, 000 for shows outside of Nigeria.
12. Tiwa Savage
Tiwa Savage is one of the highest paid female artists in Nigeria. Her unique talent in music gets her overbooked within periods and months. Tiwa Savage charges N6 million for local shows and between $80, 000 and $100, 000 for international shows with private jets for shows outside of Lagos.
Also read: Highest paid Nollywood actors in Nigeria.
Chinedu Okoli, popularly known as Flavour is a songwriter and multi-instrumentalist. He specializes in the genres of Igbo gospel and hip-hop music. He established himself as a top performer in Nigeria when he released his album “Uplifted”. Flavour charges between N8 million and N11 million for local shows and as high as $100, 000 for shows outside of Nigeria.
Summary of the Highest Paid Musicians in Nigeria
Nigeria is popular for Afro-pop because it is home to many Afro-pop artists. Music is one of the highest paying industries in Nigeria. The above are some of the highest paid artists in Nigeria that are making millions from music by performing locally and internationally. Many of these artists have been recognized in Africa and abroad, making them popular and yet making high incomes.