Top 10 Richest Female Nigerian Musicians 2017 and Their Net Worth

Top 10 Richest Female Nigerian Musicians and Their Net worth in 2017

The music industry is indeed a business sector, and so far only a few have proven that they have mastered the art of not just making good music, but also making good money for themselves.

Here is a list of the richest Nigerian female musicians. Check out who is on the list and figure out who is not.

  1. Niyola

Eniola Akinbo better known by her stage name Niyola is EME’s first lady. Although she was signed to Eldee’s Trybe Records when she started her music career way back in 2005, she joined EME in 2012. She is best known for her Afro R&B Hit “Toh Bad”.

She is indeed a singer with strong and clear vocals, all of which she effortlessly flexed in “Toh Bad”. She is estimated to be worth $500,000 dollars.

  1. Nneka

Nneka is a hip hop/soul/reggae singer, songwriter and actress. Although she is currently based in Germany, she is very much Nigerian. She is signed to Sony Music- an international record label. She is one of the very few female artists that do not wear make up.

Her net worth is estimated to be $1.3million.


  1. Cynthia Morgan

Cynthia Morgan is arguably Nigerian’s unofficial queen of reggae and dance hall. Her hit songs “Don’t Break My Heart” and  “Lead Me On” introduced her to Nigerians and since then they can’t seem to get enough of her.

Her net worth is calculated to be $1.5million making her the 8th artist in this list of richest female Nigerian musicians.

  1. Waje

Waje is indeed one artist that combines business with music a lot. She has endorsement deals with Glo and several humanitarian NGO’s and is also a judge on the reality show – The Voice Nigeria.

Her net worth is calculated to be $1.7 million.

  1. Asa

Asa whose real name is Bukola Elemide is artist with French and Nigerian ties. Although born in French land she was raised on Nigerian soil in Lagos. She is indeed one Nigerian artist who is not shy of tours.

With a  net worth of $2 million Asa takes position number 6 on this list of richest female Nigerian musicians.



  1. Seyi Shey

Deborah Oluwaseyi better known by her stage name – Seyi Shay is probably one of the most bankable female Nigerian artists. She has a running endorsement with Pepsi and is also one of the ambassadors of phone brand – Gionee.

Her net worth is approximately $2.1 million.

  1. Chidinma

Chidinma Ekile who first came into limelight when she won the 3rd season of the show – MTN Project Fame is one artiste with an incredible voice. She has indeed put the voice to good use, shortly after winning the show she dropped her first single ‘Kedike’ which was indeed a hit and was played on radio stations for weeks. She is also a brand ambassador for MTN.

She is worth $2.7 million and the 4th person on this list of richest female Nigerian musicians.


  1. Omawunmi

Omawunmi whose full name is Omowunmi Megbele is one artist who dropped her law degree for music. And like Chidinma she shot to limelight with her performance in reality show West African Idols. She has endorsement deals with Globacom and Malta Guinness. She is known for her high vocals and pitch in songs and for her penchant for singing in pidgin.

She is worth $3 million.


  1. Yemi Alade

Yemi  Alade is one Nigerian artist that has managed to build a huge presence on YouTube. She garners million of views on her music videos. But she’s not here for her YouTube views but rather for the net worth she has garnered over time from the opportunities her celebrity status avail her.

Her net worth is $4.2million.

  1. Tiwa Savage

Tiwa Savage tops this list with a net worth of $4.82 million. She is not just a good singer with an incredible voice, but also a professional song writer. Her collaboration with Fantasia on the song “Collard Greens & Cornbread” bagged a Grammy nomination in 2012 . Tiwa Savage is not only the richest Nigerian female musician but also the most sought after brand ambassador.

She is the brand ambassador for Forte Oil, Pepsi and Pampers and was once a brand ambassador for MTN and Konga.