Top 10 Highest Paid Musicians In Nigeria 2023
Top 10 Highest Paid Musicians In Nigeria – The Nigerian music industry has seen unprecedented popularity locally and globally, thanks to the incredible talent of its artists. With its unique blend of afrobeats, hip-hop and R&B, Nigerian music has captured the hearts of millions of fans around the world.
Who is the highest-paid musician in Nigeria?
So, if you’re ready to discover who are the biggest earners in the Nigerian music industry, sit back, relax, and enjoy this thrilling ride with us!
1. Wizkid
Balogun Ayodeji, better known as Wizkid, holds the top spot as the highest-paid artist in Nigeria. According to reports, this talented artist charges a minimum fee of $200,000 for each show he performs. In 2018, he had the honour of being paid a staggering $681,200 to showcase his musical prowess at a royal wedding hosted at the renowned Umaid Bhawan in Jodhpur, India. This remarkable feat solidified his position as one of the highest-paid artists globally that year.Wizkid continued to make headlines in 2022 by achieving a remarkable milestone. He was offered an astounding $1 million to be the headline act at the prestigious Rolling Loud festival held in Toronto, Canada. But the surprises didn’t end there. He was then presented with another million-dollar paycheck to headline the Let’s Get Free Festival in New York, USA. These exceptional earnings cemented his position as the highest-paid artist in African history.
Wizkid’s astronomical success is a testament to his immense talent, hard work, and widespread appeal. His ability to captivate audiences worldwide has undoubtedly contributed to his commanding fees. In addition to his remarkable achievements, it’s worth noting that Wizkid has played a pivotal role in putting Nigerian music on the global map, solidifying his position as a trailblazer and trendsetter in the industry.
2. Burna Boy
Burna boyDamini Ogulu, widely recognized as Burna Boy, is a renowned Nigerian artist who has achieved remarkable success and financial prosperity. This African Giant has solidified his position as the second-highest-paid artist in the country, commanding a staggering minimum fee of $200,000 for international performances. Not only that, but he also adds an extravagant touch to his shows by demanding a private jet flight, ensuring a luxurious and convenient travel experience.
It’s worth noting that Burna Boy’s exceptional talent and popularity have catapulted him to great heights, attracting substantial remuneration for his musical prowess. A notable example of his hefty earnings is his performance in Cameroon on December 21, 2019, where he received an impressive fee of $300,000 for a mere 45-minute set. This extravagant payment demonstrates the immense demand for Burna Boy’s electrifying stage presence and captivating musical performances.
Burna Boy’s success is a testament to his dedication, creativity, and ability to connect with a wide audience. His vibrant Afrobeat sound, infused with diverse musical influences, has resonated not only within Nigeria but also on an international scale. This global appeal has opened doors for him to showcase his talent across different continents, leading to lucrative opportunities and substantial financial rewards.Furthermore, Burna Boy’s impact extends beyond the realm of music. He is a symbol of African pride and a strong advocate for social justice, using his platform to shed light on important issues and drive positive change. This engagement with societal matters has garnered him a dedicated fan base and further enhanced his reputation, solidifying his position as one of the most influential and highest-paid artists in Nigeria.
3. Davido
Davido is the highest earner on Instagram in Nigeria.Adeleke David, popularly known by his stage name Davido, secured the third position among Nigeria’s highest-paid artists in the year 2023. He charges a minimum fee of N40 Million for each performance within Nigeria. When it comes to international bookings, he goes a step further by offering his services for a price of $150,000, which includes the added luxury of private jet flights.Davido’s rise to prominence in the Nigerian music industry has been nothing short of remarkable. With his captivating performances and chart-topping hits, he has captured the hearts of music enthusiasts across the nation and beyond. This has not only propelled him to the upper echelons of the Nigerian entertainment scene but has also translated into substantial financial success.
One noteworthy aspect of Davido’s business acumen is his ability to ensure that his talent is duly recognized and compensated. This not only showcases his commitment to delivering an exceptional experience to his audience but also demonstrates his understanding of the value he brings to the table. As he continues to push boundaries and captivate audiences worldwide, it is likely that his status as one of Nigeria’s highest-paid artists will persist and even rise in the coming years.
4. Tiwa Savage
Tiwatope Savage-Balogun, widely recognized by her stage name Tiwa Savage, secures the 4th position among Nigeria’s highest-earning artists in 2023. Multiple sources indicate that Tiwa Savage commands a minimum fee of $150,000 for each performance, and she even includes private jet flights when travelling for shows outside of Lagos.Tiwa Savage’s consistent ability to draw large crowds and deliver exceptional live shows has significantly contributed to her commanding such a substantial fee.
In 2023, Tiwa Savage made history as the first Nigerian artiste to ever perform at the royal coronation. Her epic performance at King Charles III and Queen Camilla’s coronation concert at Windsor Castle in England blew the world away. This would definitely impact her earning power going forward.
5. Olamide
The 33-year-old rapper, Olamide is not only one of Nigeria’s highest-paid artists but also the richest rapper in Nigeria. With an estimated net worth of $10 million, Olamide has established himself as a major force in the music industry.
Back in the day, Olamide is the only Nigerian artist rugged enough to churn out an album consistently every single year. Apparently, his hard work paid off. Despite that he barely releases songs anymore, he is still an in-demand artist both nationally and internationally.
The indigenous rapper charges a minimum of $100,000 for each performance he delivers outside Nigeria. Within Nigeria, his home turf, he charges a substantial fee of N25 million for shows. His impressive earnings reflect his immense talent and the widespread popularity of his music.
6. Naira Marley
Naira Marley, the CEO of Marlian Records charges a significant fee of at least $80,000 for his performances abroad, demonstrating his international appeal. When it comes to shows within the country, he charges a whopping N20 million. These numbers highlight his immense popularity and demand both at home and on the global stage.In a notable achievement, Naira Marley was rewarded handsomely in 2019 for his exceptional talent. Access Bank recognized his star power and paid him a staggering sum of 60 million Naira for a remarkable three-day show. This significant paycheck showcases the recognition and financial success that Naira Marley has achieved in his career.
Naira Marley’s rise to fame and wealth is a testament to the possibilities that await those who dare to chase their dreams and create a unique path in the world of music. His energetic performances and unapologetic approach have garnered him a devoted fan base, enabling him to command such substantial fees for his shows.
7. Yemi Alade
The self-acclaimed Mama Africa, Yemi Alade is a talented singer and performer who has gained considerable recognition and popularity in Nigeria.Apart from her notable success in Nigeria, Yemi Alade has been able to captivate audiences globally with her energetic performances and infectious music. Her unique style and captivating stage presence have made her a sought-after artist in various parts of the world.This demand has allowed her to establish a strong financial standing, contributing to her impressive net worth of $4.9 million. Thanks to her international appeal, Yemi Alade charges a minimum fee of $75,000 per performance beyond the borders of Nigeria.
Yemi Alade’s journey to becoming one of the highest-paid artists in Nigeria has not been without hard work and dedication. She has consistently honed her craft, delivering hit songs and mesmerizing performances that have resonated with fans across different cultures and continents. Her ability to transcend boundaries and connect with diverse audiences has undoubtedly contributed to her rise in the industry.
8. Flavour
Chinedu Okoli, who is widely recognized by his stage name Flavour N’abania, stands out as one of Nigeria’s highest-earning artists. This talented singer boasts a remarkable net worth of $2 million, a testament to his immense success in the music industry.
Flavour N’abania has built a solid reputation for his unique musical style, which combines contemporary Afrobeat with traditional highlife rhythms. His captivating performances and soulful voice have garnered a massive following both within Nigeria and beyond. By blending elements of various genres, Flavour has crafted a distinct sound that resonates with a diverse audience.
His artistic prowess extends beyond his captivating voice, as Flavour is also known for his exceptional songwriting skills. Many of his compositions carry deep cultural significance, reflecting his Igbo heritage and showcasing the rich musical traditions of Nigeria. Through his music, he has become a cultural ambassador, captivating listeners with his heartfelt lyrics and melodic tunes.When it comes to performing, Flavour charges a minimum fee of $70,000 for both local and international shows.
9. Kizz Daniel
Oluwatobiloba Daniel Anidugbe, widely recognized as Kizz Daniel is one of the most booked artists in Nigeria. He charges a minimum fee of ₦6 million for performances within Nigeria and $60,000 for performances beyond the borders of Nigeria. This solidifies his position as one of the highest-paid artists in Nigeria.Kizz Daniel’s chart-topping hits, infectious melodies, and energetic performances have earned him a massive fan base and a steady stream of show bookings. As an artist who consistently delivers memorable experiences to his audiences, event organizers are willing to invest generously to secure his presence at their shows.
10. Rema
The 21-year-old singer, Rema secures a spot on the list as the youngest and final entry. This incredibly talented singer has proven his versatility time and time again. His impressive hit songs have resonated with millions of fans across the globe and taken the Nigerian music industry by storm.His hit song, “Calm Down” was certified 13x IMI Platinum in India, making him the first and only Nigeria artist to ever hold this record. This bears witness to his strong international appeal.
For international performances, Rema charges a minimum fee of $50,000 per show. On the other hand, he charges as high as ₦10 million for performances within the country.It is clear that Rema’s star power is in high demand, and he’s rightfully earning his place among the top-paid artists in Nigeria.
Conclusion
The Nigerian music industry has grown immensely over the years, creating opportunities for artists to showcase their talents and earn a good living from their craft.From Burna Boy to Wizkid, these artists have become household names not just in Nigeria, but across the world. Their dedication, hard work, and talent have paid off, earning them a place on the list of the top 10 highest-paid artists in Nigeria.
As we look to the future, it’s exciting to see what new artists will emerge and what the industry has in store for us. One thing is for sure, the Nigerian music scene will continue to evolve and produce more incredible talent that we can all be proud of.
Top 10 Highest-Paid Artists In Nigeria (2023)
The table below contains the list of the top 10 highest paid artists in Nigeria and the amount they get paid for international shows:
| Rank | Artist | Price Per Show |
|---|---|---|
| 1 | Wizkid | $200,000 |
| 2 | Burna Boy | $200,000 |
| 3 | Davido | $150,000 |
| 4 | Tiwa Savage | $150,000 |
| 5 | Olamide | $100,000 |
| 6 | Naira Marley | $80,000 |
| 7 | Yemi Alade | $75,000 |
| 8 | Flavour | $70,000 |
| 9 | Kizz Daniel | $60,000 |
| 10 | Rema | $50,000 |
