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He Earned well from digital sales, and most especially his successful tours. Davido in December 2015 performed to an audience of about 30,000 people, Davido in 2016 also had a lot of attendants in his tour and also had successful shows. He also signed a deal with Pepsi said to be worth 100 million naira. Davido active endorsement deals includes: MTN deal, Pepsi deal. He charges between 5-8 million naira per show.
Estimated 2016 earnings is between: 150 – 180 million naira.
The YBNL label boss is a music business man and an A-list artiste himself,Olamide dropped an album in December 2015 an album which sold quite well on digital platforms, Olamide continued to drop several hit singles within the year which sold quite well too, Olamide headlined many popular shows in 2016, went on a sold out world tour and his OLIC2 concert in December 2015 was a total sold-out. Olamide is also a brand with many endorsements, they include; ETISALAT, SUREBET,CIROC,GUINESS deals.
Estimated 2016 earnings is between: 150 – 200 million naira.
The “Starboy” had an amazing year, starting from his Ojuelegba remix featuring Drake we learnt the song grossed over one hundred thousand dollars as of December 2015. WizKid also earned royalties from the biggest song in the whole world for year 2016; (One Dance). The starboy also had a hugely successful world tour in 2016. Within the past 12 months his active endorsement deals include; GLO deal, PEPSI deal. He charges between 5-10 million naira per show
Estimated 2016 earnings is between: 150 – 220 million naira.
Tiwa savage dropped her sophomore album last year December and the album broke and set a couple records when it comes to digital sales. According Music+ Tiwa’s RED album is the most bought album on the platform, the album also did great on iTunes and YouTube. She sold tours and have these active endorsement in last 12 months includes; MTN DEAL, Forte Oil Deal, Pampers,Maggi,Konga And Pepsi which all are multi million naira deals. She charges between 4-6 million naira per show
Estimated 2016 earnings is between: 150 – 250 million naira.
But here we only used D’banj’s earnings from music within the last 12 months to rank him since he is also a business man, criteria which is mentioned earlier, he has brand endorsements which includes; Ciroc deal, Glo Deal, Bank of industry deal, SLOT deal, and MTN deal. He charges between 6-10 million naira per show
Estimated 2016 earnings is between: 200 – 250 million naira.
Peter known by stage name: MrP made a lot of money from brand endorsements which was his major source of earning within the last 12 months.Peter also gets a 50-50 share of whatever PSQAURE as a band earns from endorsements,digital sales and shows.
Peter’s active brand endorsement includes; Nutricima, Adidas, Kia, MerryBet, football academy and Adidas.
Estimated 2016 earnings is between: 200 – 300 million naira.
[NOTE: this ranking of musician is not richest musicians in Nigeria but the ranking of the musicians that made the most money in year 2016. This ranking may change totally next year.]
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