Checkout the Top 10 Richest musicians in Nigeria - 2017 Update


The Usual rating of top richest Nigerian Musicians is mostly based on media reports. However, some other critical factors are being considered. And these include-
1.) The artist having his/her own label or signed to a label.
2.)duration of the artist in the music industry
3.)number of hit songs released by the artistes and how much sales he/she make on iTunes.
4.)How often he/she goes to shows and the charge per show the artist’s number of tours.

So in this list, we have compiled the top 10 richest Nigerian musicians. We have graded them in ascending order, so as you can comprehend.




1.) P-SQUARE {Date of Birth, November 18, 1981}

Psquare worth in dollars

Peter and Paul Okoye, the duo who are well known and loved by many have been rated in many lists as the richest artists in Nigeria in recent years, P square charges as much as #7million -#8million per show, They often go on many international tours with lots of crowd in attendance, they have many albums to their names with huge sales in market, ITunes inclusive.

ALSO READ: Bulk SMS Services - Guide to get started

In 2010, they won the KORA award for Best Africa Artiste which came with mouth-watering $1m (N150m). Then They got an endorsement deal with Globacom telecommunications worth about N240m for four years.

P-Square has two Sequoia Sports Utility Vans (SUVs), one hummer SUV, truck bus, Toyota Altima among other automobiles. In December 2011 the duo were signed to Akon Konvict music in a multi-million Naira deal. Psquare also has landed properties in Jos, Port Harcourt and a N400million house in Lagos.


In 2015, they refreshed their deal with Globalcom telecommunications.
And currently Peter Okoye is the face of Olympic Milk.

And just recently the duo brothers released a hit track titled Bank Alert which is currently the number one song on every radio stations play list. I'm sure nothing is gonna bring them down from the top..

2.) D-banj {Date of Birth, June 9, 1980}
What is dbanj worth Nov 2016

 owner of Koko Holdings is the first artist in Nigeria to be endorsed by a telecommunication company. He goes to lots of shows and his charges per show ranges between N6million and N7million per show.

ALSO READ: Hard Drive Data Recovery services and steps

His endorsement deals include-multi-million Chris Aire,as the face of his watches, UAC Foods, Globalcom telecommunications in 2009 which has been renewed this year. He was unveiled as headliner for Hennessy in 2013, he has a lucrative deal with Power Fist Energy drink, a deal with Virgin Colour Soft drink and he also signed an endorsement deal with Bank of Industry in 2004.

He is just one of a kind..

3. Don Jazzy {Date of birth , November 26, 1982}
Don jazzy rank in Nigerian richest musicians

He is a singer, song writer, producer who has written and produced many songs in the industry. His charges  N500,000 to produce a song. He has an endorsement deal with Loya milk, MTN.

No only is he the 3rd richest musician in Nigeria, he is also among the top 3 producers Nigeria.. Surely Don Jazzy is a multi talented millionaire..


4. 2Face Idibia {Date of birth  September 18, 1975}
2face rank in Nigeria

 He has a Non Government Organisation known as 2Face Idibia Reach- Out Foundation whose motto is “Service to humanity”. He has investments in real estate and stocks. He is said to charge between N5 million and N6million per show. This year, he has had endorsement deals with brands like Guinness(N20 million), Airtel(N22 million).

2face idibia is just too good at what he does..

5. Banky W (king of R&B) {Date of birth , March 27, 1981}

He is the founder/CEO of EME records. His charges per show ranges from N2.5 millon to N3 million 3 to 4 times in a week going by recent reports. He is a brand ambassador of Etisalat and Samsung Mobile for West African region. He just signed another multi million naira deal with Ciroc.

His way of music just amazes us, and for that, he is also known As the *King of R&B*

6.) Wizkid {Date of birth  July 16, 1990}

He is the Owner of Star boy Records. He charges N5 million per show and has endorsement deals with MTN, Glo and Pepsi.


You can imagine him having endorsement Deals with two telecommunications company, tell me a good reason he shouldn't occupy this position..

7. Davido {Date of Birth, November 21, 1992}


He often go on international tours and concerts with lots of turn ups.

He has an endorsement deal with MTN Pulse and Guinness

8. Iyanya {Date of Birth, October 31 1986}

A very talented and special  Hip-hop singer.

He has endorsement deal with MTN, Zinox Computers and Solo Mobile.

He is currently signed onto the MAVIN records which is owned by Don jazzy currently occupying the 3rd position of this list.

9. Tiwa Savage {Date of Birth, February 5 1980}

Finally we have a female among the list.

She is the most famous female musician in Nigeria and also the first lady of *MAVIN RECORDS*. She has an endorsement deal with MTN, Pepsi, Forte Oïl and Maggi.

Tell me a good reason you think she shouldn't be on this list. Soon *Yemi Alade* will be joining her.

10. Olamide {Born on March 15, 1989}

The most popular indigenous  rapper in Nigeria with 3 of his musical video being “the must watched in Nigeria for the year 2015” and also owner of *YBNL,* he makes some amount of money from his record label, shows and sales on iTunes as his songs are most times always on the top on the buyer chart.

He has an endorsement deal with Etisalat.

Currently there is an ongoing rumour about a new record label *YAGI*. Some persons are saying it is a subsidiary of *YBNL*. But it is claimed to be owned by Lil kesh, a fast rising Indigenous rapper...

This is our list of the top 10 richest Nigerian musicians.

Please don't forget to bookmark this web URL, for this list will be updated always...

SEARCH BOX