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Davido Tops List Of 10 Richest Musicians

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The Entertainment industry is one of the best things that has happened in Nigeria. The giant of Africa besides the oil and gas sector is about the most viable sectors of the nation’s economy. Our musicians have been doing us proud and they make several billions of naira and millions of dollars as a reward for their creative efforts.
Among these musicians are the top 10 richest in 2018 drawn from cumulative wealth, shows and concerts, endorsements investments, tours and album sales among other sources. The ranking is from number 10 on the list to the 1st. They include:
Flavour/Olamide, BankyW, Timaya, Paul Okoye and Peter Okoye, others are 2 Baba Idibia, D’Banj, Don Jazzy and Davido.
These super stars no doubt are among the best in the world, they have also contributed to the growth of the nation’s economy and image rebranding.
Flavour/Olamide
Contemporary highlife King, Flavour and Street Mafia Olamide are tied to the tenth position in the ranking. Flavour who is a fantastic live performer makes huge money from performing at high profile gigs.
The singer is a brand ambassador for brands like Bullet Energy drink, Hero beer etc.
Meanwhile, Olamide the also charges quite a huge fee for shows, the Bariga born artiste runs a yearly tour across United Kingdom, Europe and America.
He is Hennessy and Glo ambassador and Leo of digital TV channel VOTS (Voice Of The Street). The estimated net worth of both Flavour and Olamide is pegged at around N3 billion.
Banky W
Olubankole Wellington is an all round boss and he has money to show for it. His status changed last year when ‘Mr Capable” said bye bye to Bachelorhood as he married actress Adusua Etomi.
Banky W is a huge brand influencer and rakes in millions of naira as brand ambassador for multinational companies like Samsung, Uber etc.
The singer has also delved into acting, film production, event host and public speaking. His estimated net worth is put to be around N3.5 billion.
Timaya
Born Enitimi Alfred Odom, the Nigerian dance hall king is one of the top 10 richest artistes in the game. The DM records boss is not cheap when it comes to his gig fee. According to close sources, Timaya charges 8 million naira to show up and perform at an event.
Currently, Timaya has endorsement deals worth several millions with Glo and cognac brand Hennessy. A few months back, Timaya moved into a palatial mansion in Lekki worth hundreds of millions. Timaya’s estimated net worth is put at N4 billion.
Paul Okoye
Rude boy, member of the defunct P-Square duo takes number seven spot, Paul and his twin brother Peter used to dominate the African music scene until they split last year. The duo used to charge the highest gig fee for a Nigerian artiste that has somehow changed as he now stands alone.
Notwithstanding, Rude boy is still a big shot in the music business with his estimated net worth of about N5.6 billion.
Peter Okoye
The other half of the defunct P-Square duo, aka Mr P is still doing fine as a solo artiste, even before the split, Peter had solo endorsement deals with Kia Motors, Olympic Milk etc. Since the break up’, MRP. “has embarked on solo tours around America, Europe etc.
The dancer and singer has a new clothing line in the works awaiting official unveiling. His estimated net worth is N5.8 billion.
2 Baba Idibia
With over two decades strong in the Nigerian entertainment industry, Innocent Idibia better known as 2 face or 2 Baba is a double OG. The 42 year old singer has a brand friendly persona which has seen him clinch mouthwatering deals even ahead of younger colleagues.
Currently he has endorsements with Compare, Glo etc, he has real estate investments including his Rumours Night Club in Lagos. The “Gaaga Shuffle” crooner’s estimated net worth spices to about N5.9bn.
D’banj
His music may not be his best selling commodity at the moment, but D’banj’s business and branding acumen are as strong as ever, a big negotiator. He is a brand ambassador to top brands, besides his brain child cream platform was valued last year by an American firm to be worth about $100,000.00.
Don Jazzy
Micheal Ajere Collins, aka Don Jazzy takes the numbers three spot on the list. The ace music producer has moved on quite seamlessly from being a beat maker to a full fledged businessman. Don Jazzy is the CEO of Mavin records which houses top stars like Tiwa Savage, Reckado Banks, Koredo Bello etc.
He has many music related businesses known and unknown. The music maker’s net worth is valued to be around N7.5 billion.
Wizkid
Second on the list is popularly known as Wizkid, fondly called star boy. Wizkid is the biggest music export out of Nigeria in the past 4 years. The singer’s achievements are enormous including topping bill board hot 100 music chart, earning a Grammy Award nomination, several legit international collaboration, performing at international music events etc.
Davido:
Davido, the Baddest!, Nigerian entertainer and record label boss, David Adeleke sits at the summit of the list of top 10 Richest Nigerian Musicians. The DMW boss has arguably made the most money in the past 12 months than any other contemporary Nigerian artistes.
The singer is the leader of the popular 30 Billion Gang, he has made the most hit songs in the past year too. Since last year Davido has been touring around the world performing at sold out concerts during the 30 Billion tour which is still ongoing.
The past year has been fantastic for Davido’s tracks, ‘if’, Fall which have crossed over 60 billion views on you tube, the ‘Aye’.
Crooner revealed that he has made over $1million off pon pon sound, he has secured new endorsements with perform brand AXE, infinix mobility ect.
He has been rumoured to have recently purchased a bom bardia jet.
Davido’s estimate net worth is put at N9 billion.

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“The Legal Day” 2025: Alliance Française Port Harcourt, Moves to Promote French Via Law

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In a bid to promote the French language through law and build bridges between communities the Alliance Française Port Harcourt, in collaboration with the Embassy of France in Nigeria has organized the 2025 edition of “La Journée du Droit” (“The Legal Day”)

The event which took place at Alliance Française auditorium was a civic and linguistic celebration designed to help learners of French Language and young citizens discover the importance of law in everyday life.

The Tide Entertainment reports that the event featured interactive quiz sessions, exploring legal rules and civic principles in Nigeria, France, Africa and beyond, pointing out both the similarities and differences between legal systems around the world.

Throughout the day, the event featured interactive quiz sessions exploring legal rules and civic principles in Nigeria, France, Africa, and beyond, highlighting both the similarities and differences between legal systems around the world.

The initiative was aimed at encouraging reflection on the rights and responsibilities shared by all citizens and to promote the values of justice, equality, and mutual respect through the French language.

The programme which had two sessions, (Morning and Afternoon session) witnessed the participation of about 150 students from various levels of education. Ranging from the Primary, Secondary, and tertiary institution for an engaging experience of civic and legal concepts.

Schools in attendance included Surebloom International School, Pleroma High School, Casterly Rock Secondary School, and TotalEnergies Port Harcourt School.

The morning sessions saw the Participation of Alliance Française students in an interactive quiz, enhancing their French comprehension while exploring civic notions.

While the Afternoon session had students from the University of Port Harcourt – UNIPORT (French Language and Law Departments), students from the French Department from both Ignatius Ajuru University of Education and Rivers State University joined in the final rounds of the competition.

According to the director of Alliance Française Port Harcourt, Mrs Marina Lacal, all quiz questions were presented in French, then translated into English to ensure full understanding by participants, saying that winners received special prizes, as all attendees took home souvenirs from the educational and convivial event.

Mrs Lacal said that the diplomatic and educational initiative event “La Journée du Droit” (The Legal Day) sought to promote the French language through law, highlight the capacity of law to build bridges between communities and emphasize law as one of the pillars of French diplomacy.

“Through this initiative, the Alliance Française Port Harcourt continues its mission to foster intercultural dialogue, civic awareness, and the learning of French as a language of knowledge, culture, and citizenship,”?she?added.

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World Music Day: Alliance Française Port Harcourt Showcases Talents

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The Garden City of Rivers State Port Harcourt at the weekend joined other parts of the world to celebrate the World Music Day, 2025, as Alliance Française showcases talents.

The event which is internationally known as Fête de la musique was held at cultural hall of the Alliance Française was a remarkable concert with memorable experience.

The event brought together music lovers, students, Artistes and members of the community For an exciting evening live performances and cultural exchange.

The Tide Entertainment reports that the world Music Day, which was created 1982 in France by the then Minister of culture, Jack Lang, ‘ Fête de la Musique’ is now celebrated in more than 100 countries every 21st June, marking the first day of summer with free concerts and musical showcases in public spaces.

In Port Harcourt, the Alliance Française honoured the tradition by spotlighting four(4) emerging artistes offering a platform to young talents shaping the city’s contemporary scene.

The audience enjoyed an unforgettable moments as they were entertained by the powerful performances from Preach A, who is known for blending fitness culture with spoken words and rhythm.

Also, artiste Emmayany delivering a vibrant fusion of afrobeat and afro pop. A singer, song writer and a performing artiste with a distinct sound.

Others were Amarachy Uko, a sensational singer with passion for soul , R&B, pop music and afrobeat.

While DJ Prospel closed the night with an energetic DJ set that got the entire hall dancing.

Earlier, the Director, Alliance Française, Port Harcourt Mrs Marina Lacal high lighted the mission of the Alliance Française saying that the event was more than a concert.

According to her, the event was put together by the Alliance Française to promote cultural diversity and foster artistic expression by connecting a long standing French tradition with creativity of the local music scene, adding that the event offerers an avenue for dialogue between culture and generations.

She stated that the event is used to promote professional and bring amateur artistes to limelight via the platform of the Alliance Française which is aimed at promoting the French Language through cultural heritage.

She explained that the celebration is also a broader series of Fête de la musique activities organized by the 10 Alliance Française across Nigeria in sync with concerts held in France and around the world simultaneously.

She further noted that the occasion reaffirms the role of Alliance Française as a cultural bridge, one where French heritage meets the pulses of Nigerian youth.

It would be recalled that no fewer than 19 artistes applied to perform at the event in Port Harcourt, but only four got approval for appearance.

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PMAN Set To Implement Performance Levy  ‘Tomorrow

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The Governor of the Performing Musicians Employer’s Association of Nigeria (PMAN), Rivers State chapter, Comrade Moses Mabadeje popularly known as Mozy B said that the body has announced plans to implement performance Levy on artistes in the state with effect from 21st June.

 

This was carried in a statement released to The Tide Entertainment, yesterday by the Deputy Governor of the association, Comrade Abiye Howells.

 

According to the Governor, the announcement was made by PMAN, the only governing body that regulates the music profession in Nigeria, as authorized by the Government of Nigeria, in line with the Trade Union Act.

 

He stated that those affected by the Levy include (Non members)bands, groups, Hotels, Bars, lounges, Event Centres, show organizers, promoters and other stakeholders hosting events which feature live music performances within the State.

 

However, the Levy does not apply to members of the Performing Musicians Employer’s Association of Nigeria. (PMAN).

 

Comrade Moses Mabadeje, explained that this drive is aimed at financing the association and supporting the welfare and interest of musicians as outlined in Article 8 of the PMAN constitution as amended (2023). Consequently, a PMAN task force has been set up to enforce and swing into action to effect this move.

 

He further said that event organizers, promoters and owners of event centers are expected to comply with this regulation as the Governor has urged stakeholders to collaborate with the association to ensure the successful implementation of the levy and the peaceful co-existence between PMAN and Stockholders.

 

Nancy Briggs

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