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Forbes Top 10 Richest Musicians In Nigeria 2018: You Won’t Believe Who Is No. 7



Richest Musicians In Nigeria

Who Is The Richest Musician In Nigeria
In as much as the delight music rouses in the mind are everlasting, we’re happy to familiarize you with the names of top Nigerian musicians whose songs have hit the jackpot across and beyond Nigeria.

Please Note:

The rating of the richest Nigerian Musicians is often based on media reports. However, some other yardsticks are used, these include- The artist having his / her label or signed to a record label, duration of the artist in the music industry, the number of hit songs released by the artists and how much sales he/she make on iTunes.

The top richest musicians in Nigeria and their net worth ranking is based on Forbes latest ranking of Africa’s richest musicians

Also Read: Full Biography And Net Worth Of 2Face

Don Jazzy Net Worth
Top 50 Richest Musician In Nigeria
Micheal Collins Ajereh

1. DonJazzy: Micheal Collins Ajereh, a distinctly-gifted personality who sensibly blends singing with music production, Don Jazzy’s distinguished status as a singer cum producer has made him Nigeria’s richest music producer for the current year. In addition to his high-soaring fame, he serves as the boss of MAVIN –a top-notch record label that features the presence of other stars including Tiwa Savage, Korede Bello, and Iyanya. For the year 2017, Don Jazzy is believed to be worth N6.5 billion.

Jidenna Net Worth
Who Is The Richest Musicians In Nigeria Jidenna
Jidenna Theodore Mobisson Al Amin

2. Jidenna: Jidenna Theodore Mobisson Al Amin, Though a talented musician whose recognition in Nigeria may not compare that in America, Jidenna is a Nigerian born in America. He skillfully combines his role as a recording artist with music production. Since his inception in the music industry in 2012, his songs have continued to reach a wider audience, particularly in America.

Check here to learn more about the second richest musicians in Nigeria – The Chief Jidenna Net Worth Biography

Wizkid Net Worth
3. Wizkid: Ayodeji Ibrahim Balogun, Just as his admirers would always call him, is a youngster with inspiring musical potentials. His reputation has undoubtedly given him an honorable stance within and outside Nigeria. In addition to his dignified position as the top member of a Record label named STARBOY, Wizkid has claimed lots of awards. Likewise, his name has featured amongst the nominees for this year’s Grammy Awards.

Top 20 Richest Musicians In Nigeria
WizKid and Davido

Davido Net Worth
4. Davido: David Adedeji Adeleke, the self-acclaimed “Omo Baba Olowo’’ is the fourth richest musician in Nigeria, is never a strange mention when you think of Nigeria’s musicians who have soared high within an incredibly short time frame. At the moment, the awesome superstar –popularly dubbed “Davido’’ –has an endorsement deal with the well known SONY records.

PSquare Net Worth
Peter and Paul Okoye Net Worth
Peter and Paul Okoye

5. PSquare: Peter and Paul Okoye, Without any skepticism, the pair of these twins can’t be omitted in any list comprising the richest Nigerian musicians. And fascinatingly, their everlasting combination makes them the richest Nigerian musicians as of now. Having won lots of awards from their top-selling albums both domestically and internationally, the two brothers have earned much recognition and expanded their fan base. On a yearly basis, they reportedly earn mouthwatering profits from endorsement deals and record sales.

D’ Banj Net Worth
Richest Nigerian Hip Hop Artists
Oladapo Daniel Oyebanjo

6. D’ Banj: Oladapo Daniel Oyebanjo, –famously nicknamed “Koko Master’’ is a much-admired musician whose huge worth hovers around N5 billion. His massive worth is not a bizarre one to know as regards his global success through his profit-yielding brand. With this awesome achievement, D’ Banj is presently ranked the sixth richest Nigerian musician of the present year (2018).

2Face Net Worth
Innocent Ujah Idibia

7. 2Face: Innocent Ujah Idibia, When you think of a hip-hop star whose soothing voice and emotional songs can make ladies go gaga, Innocent Idibia –popularly called 2Face –is the perfect name that should not be controverted on any grounds. Over the years, reputable Nigerian brands have continually associated the superstar’s name with their advertisements. And without any skeptical impressions, 2Face Idibia is always a legendary musician whose name continues to ring within memory. Besides, the globally-recognized hip-hop star is declared to be worth N2.5 billion.

Flavour Net Worth
Chinedu Okoli

8. Flavour N’abania, whose birth name is Chinedu Okoli, has remained one of the indispensable personalities in the music industry. Great admirers of his high-profile songs perceive him as the king in churning out highlife music. As regards his inspiring devotion to highlife music, Flavour’s name is usually a great mention when you intensely long for highlife music. With the superstar’s name has appeared on a number of mega endorsement deals, his popularity has spiraled across African countries and he is believed to be worth N2.5 billion.

Banky W
Oluwabankole Wellington

9. Banky W: Oluwabankole Wellington, a greatly admired musician, not only for the sonorous pitch of his voice but also his handsome look, serves as the CEO of EME –a prominent Nigerian Music Record Label. Banky W’s massive wealth, estimated at N2.3 billion is undoubtedly a fascinating product of his ambassadorial roles for several mega-firms such as Samsung Mobile and 9Mobile –formerly Etisalat.

Iyanya Onoyom Mbuk

10. Iyanya: Iyanya Onoyom Mbuk, A one-time winner of MTN Project Fame, Iyanya has acquired much recognition for himself and surprisingly this achievement has come within a short time frame. With the influence of his blockbuster release titled “Kukere’’, the talented hip-hop star has made a remarkable name in the entertainment industry. Meanwhile, Iyanya is currently worth N1.8 billion.

Inetimi Alfred Odon

11. Timaya: Inetimi Alfred Odon, This superstar is perceived as a giant musician hailing from a middle-belt region –precisely Niger Delta. His admirable albums have earned him lots of followers on social media, particularly his YouTube video clips. At the moment, his net worth hangs around N1.1 billion.

Jude M.I
12. M.I: Jude Abaga, Practically, only a few people would find it skeptical if M.I is termed the most fortunate African rapper who has succeeded to so high a degree. To crown the great name M.I has made for himself, his presence is a definite mention in the list of the stakeholders of Chocolate City records. At the moment, reports have it that he is worth extremely close to N1 billion.

13. Kcee: Kingsley Chinweike Okonkwo, This lucky musician has made a name for himself! Would you deny the truth of that? (Never would you do that!). Kcee has surprisingly risen from a partner in a group named KCPresh and in point of fact, the fortunate musician has amassed millions of likes and page views on the social platform, especially with the help of his massive releases -“Limpopo’’ and “Pull Over’’.

Tiwa Savage
14. Tiwa Savage: Tiwatope Savage Balogun, When the appellation “Sexy Mama’’ hits your eardrum, be sure Tiwa Savage is the talking point. The lovely Nigerian musician remains a significant character in the stable of Mavins Record. Likewise, her exciting videos have grabbed lots of people’s attention and definitely reached millions of page views on YouTube.

15: Olamide: Olamide Adedji, Call him a maddening rapper and you’re definitely on point! This young talent suitably blends his skills as a singer and rapper. Through his intense acquaintance with local slang, lots of street boys have certainly become his diehard fans.

Phyno Net Worth
16: Phyno: Chibuzor Nelson Azubuike, Identify him as the best Igbo rapper and hardly would you find somebody who would say you’re wide of the mark. Phyno is considered remarkable for the sumptuous flow of his Igbo dialect which makes him a recognized rapper across Nigeria. Meanwhile, the talented rapper is much admired by the Igbo’s just, in the same manner, a multitude of Yoruba’s enjoy Olamide’s charisma. Currently, Phyno’s excellent shows, adverts and much more have placed him around a net worth of N900,000,000.

Asa Net Worth
17. Asa: Bukola Elemide

Ice Prince Net Worth
18. Ice Prince: Panshak Henri Zamani, An arguable Hausa man whose name cannot be excluded from the list of Nigeria’s vibrant rappers, Ice Prince struck the music industry with his high-selling video clip “Oleku’’. Through this video clip, the superstar has numerous fans who have spruced him up with millions of page views on social media.

Tekno Miles Net Worth
19. Tekno Miles: Augustine Miles Kelechi,

Yemi Alade Net Worth
20. Yemi Alade: Yemi Eberechi Alade, One of Nigeria’s leading feminine musicians, Yemi Alade is apparently the second leading female musician in Nigeria. Through the influence of her blockbuster release “Jonny’’, she has won the hearts of many followers on social media and she is currently worth very close to N1 billion.

Omawunmi Net Worth
21. Omawunmi: Omawumi Megbele,

Chidinma Ekile Net Worth
22. Chidinma Ekile: Formerly a participant in the MTN Project Fame, Chidinma has grown from a mere musician to a much-admired personality in the music industry. Other than the huge benefits and great recognition she has earned from her admirable release “Kedike’’, her lovely voice evidently places her amongst Nigeria’s best vocalists.

Reminisce Net Worth
23. Reminisce: AbdulKhalid Safaru

Duncan Mighty Net Worth
24. Duncan Mighty: Amongst the guild of musicians ever churned out by the Niger Delta, this mighty musician whose name already conforms to mightiness is definitely one. Duncan Mighty’s singing style has made lots of people from the Niger-Delta regions understand that their born musicians are still appealing to the region’s fashion. With the help of “Obianuju’’ –one of his most-admired songs on social media –the superstar has become a notable musician and captured the interests of many followers.



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Top 10 Forex Brokers In Nigeria And Their Platforms



Top 10 Forex Brokers In Nigeria 2018



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App & Software

Top 10 Refer and Earn Apps in Nigeria 2020



Hello there! Do you want an extra source of income? Or, are you interested in making some cool cash without having to risk investing a start-up capital? Do you just want to make some more productive use of your mobile phone, in generating some cash for yourself? If your answer to any of these questions is YES, then you’ve got yourself an opportunity to achieve just that by following this article to the end! This article discusses in detail the top 10 refer and earn Aapps in Nigeria 2020.

In the following paragraphs, you’ll get to know about a few mobile apps which pays you just for referring others to use the app.

But before going through these apps, here are a few things I feel you need to note before you could start earning:

  1. You need to be a registered user of the applications.
  2. You’ll need some data particularly for installing and running the applications.
  3. Trying to earn an income from this apps is NOT a Get-Rich-Quick thing. The earnings from these apps are not always gigantic, although they could add up really quickly if you out in more effort.
  4. The earnings may seem so little at the first. But don’t be discouraged; the more the referrals you make, the more you earn.
  5. You don’t need any special skill to start and/or manage these apps or the referral process. You can simply use the traditional methods to get new referrals from time to time; and finally
  6. You can start right away!
Top 10 Refer and Earn Apps in Nigeria

Top 10 Refer and Earn Apps in Nigeria

Top 10 Refer And Earn Apps in Nigeria 2020

See some of the top 10 refer and earn apps in Nigeria 2020 below:

(1) SumoTrust Affiliate

SumoTrust affiliate is a refer-and-earn program by a Nigerian-owned financial oraganization named SumoTrust. They are an automated investment/savings, learning and finance management organization. They help users in effectively planning their money, as well as make wiser financial and business decisions. Users set savings goals, and work towards achieving them over their forecast time. They also have other options where you can fix your savings you don’t want to spend over a period of time.

But how does their affiliate program work?

All they want from you is to share a referral link gotten from your Affiliate Earnings section in the account which you have with them. Send it to your friends on various social media handles such as Twitter, WhatsApp, etc. and ask them to join Sumotrust.

For each successful referral that registers and saves up to seven thousand five hundred naira (N7,500), you earn six hundred naira on the go! You can reach them on or download their app from your respective application store.

(2) Motute Affiliate

Motute is an education-based app in partnership with SumoTrust. Motute (a.k.a. Mobile Institute) is a learning and teaching marketplace which connects instructors in various fields from around the world to organizations, individuals or group of individuals towards imparting novel skills and knowledge in building better careers as well as gaining financial freedom.

To participate in Motute referral program:

  • Download the app from your respective stores
  • Register with them
  • Then tell your family and friends about buying a course with them.

For every sale you bring to Motute, they pay you 25% commission. There you go.

(3) VFD Microfinance Bank App

VFD Microfinance bank app is a financial institution that operates a little differently from your regular bank. VFD microfinance bank boasts of putting out “Nigeria’s first truly virtual bank,” V. The application is free, and there aren’t any hidden charges either for funds transfer within or outside VFD.

How can you make money through VFD Microfinance bank app referral program?

Veelager is a platform on V which allows you to make money through referrals to the bank. Refer 25 people to V app and get thirty thousand naira, provided they continue banking with VFD. But that’s not the highest they pay for referrals. The more you refer, the more you earn. It’s as simple as that.

(4) FairMoney App

Fair money lends money to borrowers. You could loan up to five hundred thousand naira from them, all depending on their assessment of your financial profile or history. As soon as your application is made and approved, you get your credit alert from the bank, of course, with terms and conditions which you’ll agree to.

However, whenever you successfully make a referral to the app, FairMoney gives you a five hundred naira discount. Does it look too little? Multiply that by twenty and see what you get. The choice is yours to make. 

(5) Cowrywise App

Cowrywise is a financial organization, just like VFD which allows customers to save, invest and get interests over a period of time at interesting rates. Their savings and investments also come with security just as you’ll find in traditional commercial banks.

As a form of encouragement to customers towards referring others to them, Cowrywise rewards her customers. You could earn up to five hundred naira per referral as a Corporate ambassador with Cowrywise.

(6) Luno App

Luno app deals in different types of cryptos, especially etherium and bitcoin.  The app could also be used for savings, apart from trading.

For every referred user that purchases BTC worth five thousand naira, Luno rewards you with two hundred and fifty naira worth of bitcoin. Like I’ve always said, the more the referrals, the more you earn.

(7) JumiaPay Nigeria

JumiaPay, as you may already have guessed, is a subsidiary of the renowned ecommerce platform, Jumia. JumiaPay is a free online payment app that allows you to recharge your phone, book a ride, order your food, or even pay utility bills.

When you invite anyone to use the app, JumiaPay pays you N500 when your referrals spend above the same amount using the app. There you go.

(8) Carbon App

Next on our list is Carbon App. Carbon App, formerly known as PayLater, is a nice app for investing money, making loans or making payments.

Carbon App does not charge you for transactions done on the app: interesting if you asked me.

In a means of providing more earning platforms for its customers, Carbon app pays five hundred naira per referral when the referred repay their first loan.

(9) Branch App

Branch is an online lending platform that provides loans to customers. They offer loans ranging from N1, 500, up to N150, 000.

On every referral you make, Branch pays both you and the referred N500.

(10) Piggyvest App

And last but not the least, is Piggyvest App. Like Cowrywise, Piggyvest allows you to save, invest and earn interests over time.

When you make referrals, and they complete their profile, you earn N1000 on each referral. Multiply that by fifteen and see how much you’ve got.

There you have it: various applications which pay you for just making referrals via your social networks. The choice is now yours to make: will you take it or will you leave it? Make a move today and earn by just referring people – friends, family, even strangers to use any of these apps today!



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Top 10 Blockchain Startups in Nigeria 2020



Over the years, modern technology has been dominated by companies based in first world countries. However, technological resources shouldn’t be located exclusively to a minute part of the world. In reality, the possibility of technology invading every sphere of human endeavor with its potentials can only be achieved when tech resources are distributed globally, as well as their use in helping local populations who are already showing a degree of commitment to improving their developing communities. More so is the advantage of knowing which of the crypto companies to invest in and how. With this list of the top 10 Blockchain Startups in Nigeria 2020, you can never be wrong in your choices!

In Nigeria, Africa’s largest economy, a number of blockchain startups are growing to meet the need for a cryptocurrency-thirsty populace. This is regardless of the fact that cryptocurrencies are not yet accepted legal tender in the West African country. Between April and June this year (2020) alone, $34.4 m was transacted in Bitcoin in Nigeria, the largest share on the continent. As stated by Usefultulips, South Africa followed behind with $15.2 m; Kenya with $7.8 m; Ghana, $ 640,000 and Tanzania $600,000.

It should not be alarming, therefore, that useful platforms through which cryptocurrencies are traded are springing up in handful places around the country.

Of all these platforms, I bring to you those that I consider the top 10 of Blockchain startups in Nigeria. See them below:

Top 10 Blockchain Startups in Nigeria 2020

(1) Quidax

Co-founded in 2016 by Uzo Awilli and Buchi Okoro, Quidax allows its users to freely purchase as well as sell cryptos in their local currency. Trading in Ethereum, Ripple, Bitcoin, Litecoin alongside other cyptocurrencies can be easily done on Quidax.

(2) BuyCoins

Provided by Bitkoin Africa, BuyCoins was founded in 2017 by Timi Ajiboye, Tomiwa Lasebikan and Ire Aderinokun. BuyCoins has a funding of $120,000. Users on BuyCoins have the opportunity to buy and sell cyrptocurrencies within a very short range of time.

BuyCoins conduct their services via their app, taking off prospective traders the stress of seeking other traders in the crptocurrency market. BuyCoin supports Bitcoin Cash, Litecoin, Bitcoin and Ethereum. Cryptos can be traded via their app which is available for IOS and Android devices.

(3) Bundle

Bundle is provided by and backed by Binance and was founded by Yele Bademosi. With Bundle, users can sell or buy Ethereum, Bitcoin and BNB. They also offer their customers the opportunity to buy cryptocurrencies using bank or card transfer. Proceeds from sales of cryptos, could also be withdrawn and deposited into your commercial bank account. With just N500, you can trade in BNB or Bitcoin.

(4) Yellowcard

Yellowcard provides users services for purchasing cryptos via the internet through debit cards or bank transfer. With this, they (users) can load their back accounts in the local currency, before paying for the digital coins they’re interested in. Currently, Yellowcard is in support of dash and Bitcoin core and would be adding tether (USDT) and Bitcoin cash (BCH) in the days ahead. Yellowcard is founded by Chris Maurice

(5) Patricia

With a dynamic operating mode, Patricia makes trading in cryptos like Ethereum, discounted gift cards, Bitcoin, Perfect money, etc. easily available to prospects.

(6) ABiT Network

Founded by Gauis Chibueze (aka Bitcoin Chief), ABiT Network provides blockchain e-commerce services throughout Africa. Some of ABiT’s products include ABiT Play, ABiT Go, ABiT Farm, ABiT Reps, ABiTCrowd, ABiTrader, and Tatcoin. For instance, with ABiT Reps, ABiT offers youths the opportunity to earn by telling others about ABiT products. Their apps can be found on different online stores such as Android and IOS.

Top 10 Blockchain Startups in Nigeria 2020

(7) CryptoTvPlus

CryptoTvPlus is one of the leading media agency on the continent. They provide the latest info on events, updates, project reviews in the digital currency market. They have an active online presence on Facebook, Twitter and YouTube with an application for easy access on Google play store. Founded in 2018, Cryptotvplus has a revenue of $ 15.40 million.

(8) Bitfxt

Bitfxt is another Nigerian cryptocurrency startup. Recently, in February 2020, they secured N5.45 billion from UK-based Payitup clearinghouse Ltd in a bid to expand their cytocurrency infrastructure. Traditionally, Bitfxt deals in Bitcoin and allows trade from prospects all around the globe.

(9) Roqqu

Founded by Uchenna Nnodim, Roqqu provides a speedy platform for the buying and/or selling of cryptocurrencies. Within thirty minutes, withdrawals are completed using Roqqu. They support EOS, STEEM, Ethereum and Bitcoin transactions. Like other cryptocurrency trading platforms, Roqqu has an app on Google Play store for easy trading. Traders on Roqqu are referred to as Roqquians.

(10) NairaEx

Founded in 2015, NairaEx has recorded over hundred thousand users with over one million transactions. They are one of the most popular in the digital currency market on the continent. NairaEx is a top blockchain company in Nigeria where cryptocurrencies such as Litecoin, Bitcoin Cash, Ethereum, and Bitcoin are traded. They are a reliable company for the exchange of Bitcoin and other cyptos through common payment platforms. NairaEx allows users to fund and withdraw within the same day.


The majority of the blockchain companies mentioned and discussed in this piece and others not mentioned here are founded and spearheaded by young Nigerians. These are highly spirited individuals who are seeking novel solutions to ancient problems in their immediate environment.

Ranging from agriculture, to the energy sectors and the financial payments service industries, these startups are making life better for many. You should find a way and align with the current trend. There is something for you if you invest in cryptocurrency today.



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