Top 10 Highest Paid Artists In Nigeria [2024]

Nigeria‘s music industry has experienced an unparalleled boom in recognition both domestically and internationally, thanks to the incredible skill of its musicians.

Nigerian music, with its unique blend of Afrobeats, hip-hop, and R&B, has won over millions of fans throughout the world.

In this article, we’re excited to take you on a tour through Nigeria‘s top ten highest-paid artists in 2024.

As we go through this list, you’ll notice that these artists are not only recognized for their artistic abilities, but also reaping the benefits of their hard work and persistence.

Some artists charge as much as ₦30 million for local shows and $1 million for international shows. And that’s only for one show!

So, if you are prepared to uncover who are the biggest earners in the Nigerian music industry, read on.

1. Wizkid

Wizkid Is The Highest Paid Artists In Nigeria [2024]

Performance Fee: $1 million

Balogun Ayodeji, popularly known as Wizkid, is the highest-paid artist in Nigeria. Wizkid is reported to demand up to $1 million each event.

In 2018, he received $681,200 to perform at a royal wedding at the Umaid Bhawan in Jodhpur, India. This astounding performance cemented his status as one of the world’s highest-paid artists that year.

Wizkid continued to make news in 2022 after reaching a significant milestone. He was given $1 million to headline the legendary Rolling Loud festival in Toronto, Canada.

But the surprises did not stop there. He was paid another million dollars to headline the Let’s Get Free Festival in New York, USA. These huge revenues solidified his status as the highest-paid artist in African history.

Wizkid‘s phenomenal success is a result of his incredible talent, hard work, and enormous appeal. His ability to engage global audiences has surely contributed to his high earnings.

Wizkid, Nigeria’s richest musician and one of Africa’s biggest artists, has elevated Nigerian music to global prominence.

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2. Burna Boy

Burna boy Is The Second Highest Paid Artists In Nigeria [2024]

Performance Fee: $1 million

Damini Ogulu, better known as Burna Boy, has established his place as Nigeria’s second-highest-paid artist, commanding an astonishing sum of $1 million.

Not only that, but he adds an extravagance to his shows by requesting a private jet excursion ensuring a pleasant and convenient travel experience.

One notable example of his large profits is his appearance at the 2023 Coachella in California, where he was paid $750,000 for a single 50-minute set.

Also, Burna Boy received $1 million to headline Uganda’s new stadium, which was open in 2023.

Burna Boy‘s success is a result of his effort, creativity, and ability to connect with a large audience. His energetic Afrobeat sound, filled with various musical influences, has resonated not only in Nigeria but also on a global scale.

This global appeal has enabled him to demonstrate his talent on other continents, resulting in lucrative opportunities and significant financial rewards.

3. Davido

Davido Is The Third Highest Paid Artists In Nigeria [2024]

Performance Fee: $600,000

Davido is Nigeria’s highest Instagram earner.

Adeleke David, better known by his stage name Davido, becomes Nigeria’s third-highest-paid artist in 2024

He charges a minimum fee of ₦40 million for each performance in Nigeria. When it comes to overseas bookings, he takes it a step further, offering his services for $600,000, which includes the added luxury of private jet flights.

Davido‘s travel to fame in the Nigerian music industry has been nothing short of extraordinary. With his engaging performances and chart-topping songs, he has won the hearts of music fans across the country and beyond.

This has not only driven him to the pinnacle of the Nigerian entertainment scene, but has also resulted in significant financial success.

One important aspect of Davido‘s economic acumen is his ability to guarantee that his talent is properly recognized and appreciated. This not only reflects his dedication to provide an outstanding experience for his audience, but also his appreciation of the value he offers to the table.

As he continues to push boundaries and attract audiences throughout the world, his reputation as one of Nigeria’s highest-paid artists is certain to endure and even grow in the coming years.

4. Olamide

Olamide Is The Fourth Highest Paid Artists In Nigeria [2024]

Performance Fee: $500,000

Olamide, a 33-year-old rapper, is both the highest-paid and richest rapper in Nigeria. Olamide, who has an estimated net worth of $10 million, has emerged as a prominent figure in the music industry.

Back then, Olamide was the only Nigerian artist who could consistently release an album every year. It appears that his hard effort paid off. Despite the fact that he rarely releases new songs, he remains a popular artist both nationally and internationally.

The indigenous rapper demands at least $500,000 for every show he does outside of Nigeria. In Nigeria, he asks a high fee of ₦25 million for shows.

His high profits reflect his extraordinary genius and the worldwide love of his songs.

5. Rema

Rema Is The Fifth Highest Paid Artists In Nigeria [2024]

Performance Fee: $200,000

Rema, a 21-year-old singer, is the youngest of the top ten highest-paid singers in Nigeria. This highly skilled singer has consistently demonstrated his flexibility. His outstanding hit songs have captivated millions of supporters worldwide and dominated the Nigerian music business.

His hit song “Calm Down” was certified 13x IMI Platinum in India, making him the first and only Nigerian musician to achieve this feat. This demonstrates his enormous international popularity.

Surprisingly, Rema earns more than industry stalwarts like Tiwa Savage, Yemi Alade, and Kizz Daniel.

Rema‘s minimum price for overseas engagements is $200,000 per show. However, he charges up to ₦10 million for concerts within Nigeria.

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.

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6. Tiwa Savage

Tiwa Savage Is The Sixth Highest Paid Artists In Nigeria [2024]

Performance Fee: $100,000

Tiwatope Savage-Balogun, also known as Tiwa Savage, is Nigeria’s highest-paid female artist and the richest female singer.

Tiwa Savage charges a minimum fee of $100,000 for each concert as of January 2024, and she even includes private jet trips for shows outside of Lagos.

Tiwa Savage‘s persistent ability to gather large crowds and deliver great live shows has helped her charge such a high fee.

Tiwa Savage made history in 2023 by becoming the first Nigerian musician to perform at the royal coronation. Her spectacular performance at King Charles III and Queen Camilla‘s coronation concert at Windsor Castle in England astounded the world. This would undoubtedly have an impact on her future earnings potential.

7. Yemi Alade

Yemi Alade Is The Seventh Highest Paid Artists In Nigeria [2024]

Performance Fee: $75,000

Yemi Alade, the self-proclaimed Mama Africa, is a gifted singer and dancer who has achieved significant notoriety and success in Nigeria.

Aside from her great success in Nigeria, Yemi Alade has captivated audiences worldwide with her vibrant performances and captivating melodies. Her distinct style and engaging stage presence have earned her international acclaim.

This demand has helped her build a solid financial foundation, adding to her amazing net worth of $4.9 million.

Yemi Alade‘s international appeal allows her to charge a minimum price of $75,000 each performance outside of Nigeria.

Yemi Alade‘s rise to become one of Nigeria’s highest-paid artists has not been without effort and determination.

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. Kizz Daniel

Kizz Daniel Is The Eighth Highest Paid Artists In Nigeria [2024]

Performance Fee: $70,000

Oluwatobiloba Daniel Anidugbe, widely known as Kizz Daniel is one of the most booked artists in Nigeria. He charges a minimum fee of ₦6 million for show within Nigeria and $70,000 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.

9. Tems

Tems Is The Ninth Highest Paid Artists In Nigeria [2024]

Performance Fee: $50,000

Tems is one of Nigeria’s phenomenal artists who has quickly risen to fame in the Nigerian music industry.

Following the success of her self-produced track “Try Me” in 2019, she worked with Wizkid on “Essence” in 2020, which became a global hit and catapulted her into the spotlight.

She went on to have some worldwide collaborations, including co-writing Rihanna‘s “Lift Me Up“.

Tems‘ performance fee is $50,000, reflecting her growing fame and international appeal.

10. Ayra Starr

Ayra Starr Is The Tenth Highest Paid Artists In Nigeria [2024]

Performance Fee: $50,000

Ayra Starr, the “celestial being” of Nigerian music, completes the list. She made a name for herself with her distinctive blend of Afropop and R&B, winning over fans both locally and globally.

Ayra released her debut EP in early 2021, following her discovery on Instagram and then sign to Mavins Record by Don Jazzy.

The hit song “Away” pushed her into the spotlight. It peaked at number four on Nigeria’s TurnTable Top 50 chart and went on to reach number 17 on the Billboard Top Triller Global list.

Ayra‘s international fame skyrocketed after the release of “Rush,” which earned her a Grammy nomination as well as remarkable successes on YouTube and the UK Singles Chart.

Now, with that amount of fame, influence, and global appeal, it is no surprise that Ayra Starr charges $50,000 as a performance fee.

These are some of the important things to consider

• Streaming Numbers
• Years in the Music Industry
• Music Concerts
• Fans base
• Numbers of EP and Album released
• International Music Awards
• Numbers of Local Music Awards
• International Music Concerts
• How much they charge per show and more.

Top 10 Highest-Paid Artists In Nigeria [2024]

The table below contains the list of the top 10 highest-paid artists in Nigeria and their appearance fees per international show: