The Nigerian music industry is a big deal, especially with the advent of Afrobeats gaining a substantial level of recognition in the music world and globally.
Nigerian artistes haven't let down lovers of music, Nigerians, Africa and the world in general when it comes to delivering the right Afro-beat hit songs.
These celebs get enough recognition, fame and elevated financial status due to their artistry in making hits songs. However, this article will focus on the financial aspect of these Nigerian artists.
The highest-paid Nigerian artistes earn more than enough to boost their luxury lifestyles, buy themselves whatever they want, travel to wherever they wish within the world and live the best possible life ever.
Below are the ten highest-paid artistes in Nigeria for the year 2022.
Net Worth- $1 Million
Price Per Show- $50,000
The youngest artiste on the list is the talented singer Rema, age 21.
Rema charges a minimum of $50,000 for performances outside of the country and up to N10 million for performances within Nigeria.
Net Worth- $1.5 Million
Price Per Show- $60,000
Oluwatobiloba Daniel Anidugbe, better known as Kizz Daniel makes the list with a fee of $60,000 per concert, making him one of Nigeria's highest-paid artists in 2022.
The singer, who is one of the country's most booked artistes, charges N6 million for a show within the country.
Net Worth- $2 Million
Price Per Show- $70,000
Chinedu Okoli, best known by his stage name Flavour N'abania, is also one of the country's highest-paid artistes.
He has a net worth of $2 million and charges $70,000 for shows both in Nigeria and outside Nigeria.
Net worth- $4.9 Million
Price Per Show- $75,000
Yemi Alade, dubbed Mama Africa, ranks seventh among Nigeria's highest-paid singers in 2022.
The artiste, who has a net worth of N4.9 million, demands at least $75,000 for each performance outside of the nation.
Net Worth- $4.2 Million
Price Per Show- $80,000
Naira Marley, the CEO of Marlian Records, is sixth among the highest-paid musicians in Nigeria in 2022.
The singer demands a minimum of $80,000 for performances outside of the nation and N20 million for performances within Nigeria.
Net Worth- $10 Million
Price Per Show- $100,000
Olamide, a 33-year-old rapper, is perhaps the richest rapper in Nigeria and one of the highest-paid musicians in the country.
The indigenous rapper, who is thought to have a net worth of $10 million, demands a minimum of $100,000 per event outside Nigeria and N25 million for domestic performances.
Net Worth- $9 million
Price Per Show- $150,000
Tiwatope Savage-Balogun, better known by her stage as Tiwa Savage, ranks fourth among Nigeria's highest-paid musicians in 2022.
For performances outside of Lagos, the singer is said to demand a minimum of $150,000 for each event including private jet flights.
Net Worth $19 Million
Price Per Show $150,000
Adeleke David, better known by his stage as Davido, is third among Nigeria's highest-paid musicians.
For bookings outside of Nigeria, the multi-award-winning singer requires a minimum of N40 million per event and up to $150,000 with private jet transportation.
Net Worth- $17 Million
Price Per Show- $200,000
As of 2022, African Giant Damini Ogulu, better known by his stage as Burna Boy, is the second-highest-paid artist in the country.
For overseas events with a private jet flight, he bills at least $200,000.
On December 21, 2019, he received $300,000 for 45 minutes of performance at a show in Cameroon.
Net Worth- $30 Million
Price Per Show- $200,000
Wizkid, also known as Balogun Ayodeji, is the highest-paid musician in Nigeria.
According to rumours, the African Starboy bills a minimum of $200,000 for each performance.
One of the highest-paid performers in the world in 2018, he was allegedly paid $681,200 to perform at a royal wedding at Umaid Bhawan in Jodhpur, India, one of the most exclusive private mansions in the world.
Wizkid also made history earlier in 2022 when he received a total payment of $1 million to perform as the festival's headlining act in Toronto, Canada.
The Let's Get Free Festival in New York, USA, awarded him $1 million for his performance at the show, making him the highest-paid artist in African history.