By www.eraveng.com

E-RAVE SPECIAL FEATURE- P-Square is Nigeria’s Highest Paid Artiste
…..and what other top Nigerian acts earn

The Nigerian music industry has grown into a multi-million dollar business and has emerged as one of the biggest in Africa. In Nigeria today, some artistes are dominating the music charts. This does not necessary makes them the best or the most gifted in their industry but their music currently appeals to the public the most.
In the same vein, being the highest paid doesn’t necessary mean the richest as majority of them make money from other avenues including endorsements. This article is strictly on what they charges for performances and below are currently Nigerian top earning acts

P-SquareP-SQUARE
Like several of their other colleagues, it has been a steady rise to stardom for the duo of Peter & Paul popularly known as P-Square. The talented twin brothers made up their minds to pursue a career in music despite its uncertainties at the early stages. Through diligence and hard work, they have become a force in the Nigeria entertainment industry as the highest paid Nigerian ‘group’ artiste. Within Nigeria, P-Square charges N10 Million as performance fee. Outside Nigeria, they charges $150,000. Some of their investments include a house in Jos, bakery and the mansion they currently reside in Lagos. Work is also on-going on another twin duplex they are building in Ikoyi, Lagos which will serve as their new residence when completed. P-Square is a Globacom ambassador.

D'Banj , D’BANJ
Dapo Oyabanjo, a.k.a D’Banj is not your regular artiste. He might not be the best vocalist but he is one of the best entertainers you can get around here. D’Banj has remained an A-List act since 2009 and he is the highest paid ‘single’ artiste in Nigeria. He currently charges N8 Million naira for performance in Nigeria and $100,000 outside Nigeria. He was once an ambassador of Globacom and later headlined rival brand, MTN concert. He is the face of Henessy Artistry 2013.

 

2face2FACE
Multi platinum award winning super star, Innocent ‘2Face’ Idibia is unarguably the most admirable Nigerian artiste. His humility is second to none in the music industry especially when compared to other acts in his class. At some point in the industry, 2Face was the highest paid Nigerian hip hop act and he inspired majority of currently reigning Nigerian hip hop acts. 2Face currently charges N7 million as his performance fee in Nigeria and $60,000 outside Nigeria. His contract with Airtel as an ambassador recently expired.

 

Wizkid.WIZKID
Ayo Balogun popularly known as Wizkid has inspired lots of teenagers who have great passion for the entertainment industry. His success and great exploits inspired them further to plunge into the uncertainty for beginners in the industry. From a studio rat, hanging around lots of acts at the early stages of his career with his initial stage name as Lil Prince, Wizkid has today grown to be one of the biggest music exports from Africa. His career took a turn for the better when he was signed by fellow artiste, Banky W on his EME label. Today, Wizkid charges N6 Million as his performance fee in Nigeria and $50,000 outside the country. He lives in the posh area of Lagos and drives exotic cars including a Porsche Panorama. On his last birthday, he popped the most expensive champagne in the world worth –. Wizkid is an MTN and Pepsi ambassador.

 

 

King Sunny AdeKING SUNNY ADE
Prince Sunday Adeniyi popularly known as King Sunny Ade is a veteran Juju artiste and a father to many of today’s new artistes. Some of us grew up listening to his music and more than 30 years after, he is still very relevant. Sunny Ade’s performance fee is not stable because most times it depends on when the event is taking place and the grade of the event. On the average, he charges between N3Million and N5 Million. Most times, he ends up making twice of his performance fee on stage. In their normal tradition, he eulogized important dignitaries at the event and they in return spray him money.

 

Davido

Davido

DAVIDO
Davido is another young Nigerian artiste that influenced lots of youths. His rich background which is an added advantage quickly helped him to attain prominence. Lots of money was spent on promoting his music including shooting of expensive videos. Aside his father’s wealth, Davido is also raking in millions from performances. He currently charges N3 Million in Nigeria and $30,000 outside Nigeria. He is an MTN ambassador

 

 

 

Iyanya

Iyanya

INYANYA
The first winner of Project Fame West Africa has indeed done well for himself. After his emergence as the first winner of the competition, he rode on the hype for a while before reality dawned on him that there is more to becoming a music super star than winning a reality show. For a period of two years, things were very tough but he kept working and honing his skills. Everything changed when he released Kukere which became an instant hit all over the country. He currently charges N3.5 Million as performance fee in Nigeria and $50,000 outside the country. He lives in the posh part of Lagos and also drives exotic rides. Iyanya is an MTN ambassador.

 

Olamide

Olamide

OLAMIDE
He was before now one of the most underrated rappers in Nigeria. Many felt he won’t go far probably because he raps in his dialect, Yoruba. He might not have cut across to every part of the country yet but his growth is steady. Just few days ago, he acquired a new Range Rover Sport worth N11 Million. He currently charges 3.5Million in Nigeria and $20,000 outside Nigeria.

 

 

Ebenezer ObeyEBENEZER OBEY
Evangelist Ebenezer Obey is another veteran Juju artiste. He is also a great artiste we grew up listening to and he is still very much relevant till today. Just like Sunny Ade, he too doesn’t have a fixed performance fee. Lots of factors are also considered before a figure is agreed but on the average, it’s between N2 million and N4 million. He might also end up making twice of his performance fee during his performance.

 

 

k1K1
Wasiu Ayinde, a.k.a K1 De Ultimate is a popular Fuji artiste in Nigeria and he is arguably the highest paid in his genre. What he charges at political events varies from what he charges at social events. It also most times depends on the personality of the person involved. K1 charges between N1.5 million and N5 million for his performance fee. He is one of the artistes that make lots of money on stage eulogizing important dignitaries.

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