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In this post, we will start from the 10th richest musician and we will gradually count down to the number one on the list.
Let’s dive right in..
10. Flavour
Flavour N’abania is one of the richest musicians in Nigeria based on his net worth which is just a little over N3 billion. He is the brand ambassador for Flat tummy tea, a weight loss company, Bullet, an energy drink and MTN, one of the major telecoms companies in Nigeria.
Flavour’s real name is Chinedu Okoli and his sojourn into music can be traced to his time as a drummer at his local church. At that time, he was a young boy living in Enugu State.
Flavour became popular when he released the hit song, ‘Nwa Baby (Ashawo Remix)’ in 2005. During this period, he released his first album titled, ‘N’abania’. Five years later, he released his second studio album, ‘Uplifted’ which had hit singles like “Nwa Baby (Ashawo Remix)”, “Adamma”, and “Oyi Remix”.
This second album was hugely successful making the singer one of Africa’s most sought out artists. In fact, Flavour performed at numerous concerts and social events following the release of the Uplifted album.
Currently, Flavour charges N3 million per show however this amount could be higher depending on where he is performing.
9. Olamide
Popularly called Baddo, Olamide is another popular musician that makes our list of richest musicians in Nigeria. He is the brand ambassador of popular brands like Hennessy and Glo.
In 2013, Olamide became the first Nigerian to sign an endorsement deal with Cîroc.
The rapper charges huge fees from his shows. His performance fee is between N5 and N8 million. Also, he often runs a yearly tour across UK, Europe, and America. Olamide’s current networth is in excess of N3 billion.
Olamide is known to popular record mostly in Yoruba, his native tongue. In 2011, he released his debut studio album Rapsodi while signed to Coded Tunes. His follow-up album was titled, ‘YBNL’, and it was released under his label imprint YBNL Nation. The album was supported by hit singles like First of All, Voice of the Street, Stupid Love and Ilefo Illuminati.
Since his debut album in 2011, Olamide has released an album every year till date. These include YBNL (2012), Baddest Guy Ever Liveth (2013), Street OT (2014), Eyan Mayweather (2015), The Glory (2016) and Lagos Nawa (2017). The singer released compilation albums with Phyno in 2015 titled 2 Kings.
8. Banky W
Olubankole Wellington popularly called Banky W is successful musician and actor. He is also one of the richest celebrities in the country.
Banky W is a huge brand influencer and rakes in millions of naira as brand ambassador for multinational companies like Samsung and Uber.
He is also
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