Top 10 Highest Paid Artists In Nigeria

The Top 10 Highest Paid Nigerian Artists in 2024: Powerhouses of Afrobeats and Beyond

Nigeria’s music scene is booming, both at home and globally. From Afrobeats to hip-hop and R&B, Nigerian artists have captivated millions of fans around the world. As the fastest-growing entertainment industry in the country, the Nigerian music scene continues to produce both millionaires and billionaires. Today, these artists are not just making waves with their music but also with their earnings, securing top spots in the global music industry.

So, let’s dive into the top 10 highest-paid Nigerian artists, who have turned their passion into profitable businesses and are now leading the charge on the world stage.

1. Burna Boy – $1 Million Per Performance

Burna Boy, whose real name is Damini Ogulu, has become one of the highest-paid artists in Nigeria. With his unique Afro-fusion style, he’s gained global recognition, and his performance fees reflect that success. Burna commands a hefty $1 million per show, making him one of the wealthiest African artists.

His international fame soared after his 2023 Coachella performance, where he earned $750,000 for just a 50-minute set. He also headlined the opening of Uganda’s new stadium for $1 million in 2023. Burna Boy’s rise to stardom is not just about his talent; it’s a testament to his ability to connect with a diverse, global audience.

Fun Fact: His genre-blending sound, which mixes Afrobeat with elements of reggae, dancehall, and pop, has made Burna Boy a household name, not only in Africa but also in the U.S., Europe, and beyond.

2. Wizkid – $1 Million Per Show

Wizkid, the Afrobeats sensation behind “Essence” and “Ojuelegba,” is another top earner in the Nigerian music scene. Known for his international collaborations with artists like Drake and Beyoncé, Wizkid commands $1 million per show.

His journey to becoming Africa’s most influential musician has earned him a special place in the hearts of music lovers worldwide. In 2022 alone, he earned $1 million for headlining Rolling Loud in Toronto and the Let’s Get Free Festival in New York, cementing his position as one of the highest-paid African musicians.

Fun Fact: Wizkid was the first African artist to headline the Rolling Loud festival, proving his massive influence and global appeal.

3. Davido – $600,000 Per International Show

Davido is one of the most well-known and successful Nigerian artists globally. His electrifying performances, coupled with his chart-topping hits like “Fall” and “If,” have made him a household name. For his international bookings, he charges around $600,000, including private jet flights.

His net worth and income also come from brand partnerships, merchandise, and his growing business ventures. Davido’s influence stretches beyond Nigeria, and his performances around the world show just how in-demand he is.

Pro Tip: His music isn’t just popular in Nigeria but has gained major traction in the U.S. and other global markets, boosting his earning power.

4. Olamide – $500,000 per Performance

Olamide, Nigeria’s highest-paid rapper and a major force in the country’s music industry, has an estimated net worth of $10 million. Though he’s slowed down on new music releases, his legacy and influence are undeniable.

When performing outside Nigeria, Olamide commands at least $500,000 per show, and within Nigeria, he charges a cool ₦25 million. His blend of indigenous Yoruba music with rap has made him a go-to artist for both local and international shows.

Did You Know? Olamide’s ability to continuously release albums year after year has kept him at the top, ensuring he remains a major player in Nigerian music.

5. Tiwa Savage – $100,000 per Show

Tiwa Savage, often called the Queen of Afrobeats, is not only the highest-paid female artist in Nigeria but also one of the richest musicians overall. She charges a minimum of $100,000 for each performance, and her international bookings often include private jet flights.

Tiwa’s ability to attract large crowds and deliver exceptional live shows is a significant factor in her earning power. Her 2023 performance at King Charles III’s royal coronation concert at Windsor Castle was a monumental moment for Nigerian music, adding to her global influence.

Did You Know? Tiwa’s career reached new heights after performing at such a prestigious event, making her one of the most recognized Nigerian artists on the world stage.

6. Yemi Alade – $75,000 per International Performance

Yemi Alade, also known as Mama Africa, has built a massive following with her energetic performances and vibrant Afro-pop music. With an estimated net worth of $4.9 million, she’s one of the top earners in Nigerian music. Her international appeal has made her a favorite across the globe, commanding $75,000 for performances outside Nigeria.

Her ability to connect with diverse audiences through her infectious music has ensured that Yemi Alade stays in high demand.

Pro Tip: Yemi Alade’s rise to fame has also been marked by her ability to effortlessly mix Afrobeat with other genres, making her one of the top global ambassadors of African music.

7. Kizz Daniel – $70,000 per International Show

Kizz Daniel, known for his hit songs like “Buga” and “Woju,” is a fan favorite in Nigeria and beyond. He charges around ₦6 million for shows within Nigeria, and $70,000 for international performances. His success is a result of his catchy tunes, smooth delivery, and infectious stage presence, which have earned him a loyal fanbase.

Kizz Daniel continues to dominate the charts, and his growing international popularity means even bigger paychecks.

Tems – $50,000 per Show

Tems has taken the global music scene by storm since her collaboration with Wizkid on the hit song “Essence.” As of 2024, Tems commands a performance fee of $50,000, and her fame is only continuing to grow.

Her collaborations with global stars, such as co-writing Rihanna’s “Lift Me Up,” have made her an international star, propelling her into the spotlight. Tems’ soulful voice and distinctive style have cemented her place in the top tier of Nigerian artists.

9. Ayra Starr – $50,000 per Performance

Ayra Starr, one of the youngest and most talented artists on this list, has made a name for herself with her unique blend of Afropop and R&B. After being discovered on Instagram and signed by Don Jazzy’s Mavin Records, she’s quickly risen to fame, with her song “Away” becoming an international hit.

With her growing global influence, Ayra now commands a performance fee of $50,000, and her future in music looks incredibly bright.

10. Don Jazzy – $20,000 per Show

Don Jazzy may not be a performing artist in the traditional sense, but his contributions to Nigerian music as a producer, entrepreneur, and label head make him one of the highest-paid figures in the industry. As the CEO of Mavin Records, Don Jazzy has produced some of the biggest hits in Nigerian music.

He commands fees between N8 to N20 million for show appearances and earns significant income from brand endorsements and his other business ventures.

Fun Fact: Don Jazzy’s international collaborations, including his work with Kanye West and Jay-Z, have made him a globally recognized figure in the music industry

Conclusion

Nigeria’s music industry continues to dominate on the global stage, and these top-paid artists are proof of the immense talent and influence coming out of the country. From Burna Boy’s Afro-fusion sound to Wizkid’s global appeal, these musicians are not just chart-toppers—they are shattering records and making waves worldwide.

As the industry continues to grow, there’s no telling just how much more success these artists—and the next generation of Nigerian musicians—will achieve.

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