Nigeria’s music industry has evolved into a $2 billion powerhouse, propelled by a wave of chart-topping artists whose influence extends far beyond the country’s borders.
In 2023 alone, Nigerian artists generated millions in royalties from global platforms, with Spotify reporting a 25% year-on-year increase in payouts to local acts.
The sector’s rapid growth is also feeding the broader economy, boosting tourism, fashion, nightlife, and digital exports.