How much do top Nigerian artists earn?
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August 24, 2023
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Nigerian artists, clinging to their different niches are important figures in the creative field. According to research, Nigerians curated about 1.3 million playlists one year after Spotify launched; this highlights the impact and significance of this set of creatives.
Also, last week, popular Asake - Mr. Money, a Nigerian artiste, held a concert in London with over 20,000 people in attendance. According to reliable sources, these people paid an average of 100 pounds to be there.
Nigerian artists put in a whole lot of work to make their craft the best out there and over the years, they have gathered enough support from fans and followers. Many times, people will take time to tweet about their favorite artists and share playlists with their friends or anyone who cares to listen.
The Top Nigerian Artistes
There are a lot of Nigerian artists but we have some of them up there already (the real GOATS according to social media people). However, it is also important to note that Nigerian artists are classified based on the genres of music they sing which include Hip-Hop, Afrobeat, Afro-Pop, Gospel, Highlife, Reggae, and R&B. Hence, people may not have the same experience with Nigerian artists because they have different interests and music taste. Here is a list of the top artists in Nigeria:
Davido
Asake
Burna Boy
Tems
Olamide
Kizz Daniel
Wizkid
Omahlay
FireBoy DML
Ayrra Star
Timaya
Joeboy
Adekunle Gold
Simi
Johnny Drille
Reekado Banks
Zinoleesky
Ice Prince
Banky W
Don Jazzy
C-kay
Flavour
Oxlade
Phyno
Spinall
Rema
D'banj
PSquare
Where do top Nigerian Artists get their compensation from?
Unlike several other workers and employees, Nigerian artists don't get salaries. Instead, their remuneration comes from the shows and concerts they organize, sponsorship, brand endorsements, live streaming, recording deals, music licensing, collaborations, and events they attend because they were hired. These events are opportunities for them to exhibit their talent and show the world the stuff they are made of.
How much do these artists earn?
While top artists can earn a lot, their earnings may still differ depending on the number of major shows, concerts, or collaborations they get involved in. Also, another thing to put into consideration while determining the pay of Nigerian artists is the scale and frequency of some of these shows. For example, Davido may have over 10,000 people over for his show while Asake sells over 20,000 tickets to people looking to attend his show. However, according to research, top Nigerian artists earn well over 5 million naira per show.
In conclusion
Nigerian artists are a prominent force to reckon with and this stems from their hard work, popularity, and the amount of money they make from rolling out their craft to entertain people and help other brands gain recognition. Hence, whatever ample compensation they earn from being an artist is well deserved.
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