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1) Don Jazzy

Don jazzy


Michael Collins Ajereh, popularly known as Don Jazzy, the CEO of Mavin Record is the richest musician in Nigeria. The record producer, singer, songwriter, and entrepreneur is arguably the best music producer in Nigeria at the moment. He was the co-founder of Mohits records before going separate ways with his partner D’banj to start his own music record label popularly known as Mavin Records.




Ayodeji Ibrahim Balogun popularly known as Wizkid (aka Starboy), is a singer and songwriter. The music maestro stormed the Nigerian Music industry with his first single Holla At Your Boy. After the monumental success of that album, the artist has not looked back as he continues to release hits upon hits. Without a doubt, he is one of the most recognized Nigerian musicians internationally. The artist recently signed a multi-album worldwide deal with RCA Records/Sony Music International.  Wizkid has swept practically all notable Awards a Nigerian recording Artist can think of and he was recently nominated for the 2017 Grammy Awards.




David Adeleke popularly known as Davido aka Omo Baba Olowo (Yoruba: Son of a Rich Man) is currently one of the top Nigerian Musicians. David took the Nigerian music industry by storm with his debut studio album (Damiduro) after which he has been releasing hits upon hits. Davido recently signed a contract with Sony records.

Davido has won notable awards like BET Awards, KORA, MAMA, Channel O Music Awards and the Headies Award.




Peter and Paul Okoye, popularly known as P-square are well respected in the Nigerian Music industry. Their album sales, endorsement deals, shows, and tours are the major sources of psquare’s wealth. P-square are well respected in the Nigerian music industry and across Africa.  They have won notable awards like the KORA awards for Best African Artiste in the year 2010, Headies Awards,  Nigerian music Awards, MAMA awards and  Channel O Video Awards.





Oladapo Daniel Oyebanjo , popularly known as D’banj aka Bangalee or Kokomaster, is a singer-songwriter, musician, entrepreneur and TV host. He is without doubt one of the most respected Nigerian Musician both at home and abroad. The vibrant entertainer co founded Mohits records with ace Producer Don jazzy before they went separate ways. Dbanj has won several music awards, including the awards for Best African Act at the MTV Europe Music Awards 2007, MAMA, BET Awards, World Music Awards and Evolution award.





Chinedu Okoli popularly known as Flavour N’abania or simply Flavour adds flavor to the Nigerian music industry with his unique Afro beat. Flavour is popularly known across Africa and the world for his hit song “Nwa Baby (Ashawo Remix)”. The Nigerian singer, songwriter, multi-instrumentalist and performer has won various awards including the Headies, Nigeria Entertainment Awards, Channel O Music awards and City people awards amongst others.


7) 2 FACE

2 face


Innocent Ujah Idibia , popularly known as 2face Idibia or 2Baba, is one of the brightest musicians that have ever graced the Nigerian music industry. The multitalented singer-songwriter, record producer and entrepreneur one of the most decorated and successful Afro pop artists in Africa. 2Baba’s style of music has helped him gain recognition among his African counterpart, the artist has several awards to his name and he’s also one of the most bankable artists in Africa.



Banky W - Top 10 Richest Musicians in Nigeria 2017


Oluwabankole Wellington, popularly known as Banky W or Mr Capable is one of the few Nigerian musicians that have starred in Nollywood movies.  Banky Wellington is the CEO of EME Music, the record label that introduced the likes of wizkid and skales into the Nigeria Music Industry. The Nigerian singer, rapper and actor is currently making waves in the entertainment industry after proposing to Adesuwa Etomi the beautiful Nigerian actress.



IYANYA - Top 10 Richest Musicians in Nigeria 2017


Iyanya Onoyom Mbuk popularly known as Iyanya, is the latest Mavin Record member. The Nigerian singer, songwriter, and performer rose to fame after winning the first season of Project Fame West Africa. Iyanya took the music industry unawares with his hit single “Kukere”.


10) Tiwa Savage

TIWA SAVAGE - Top 10 Richest Musicians in Nigeria 2017


Tiwatope Savage-Balogun popularly known as Tiwa Savage is arguably Nigeria’s best female musician at the moment. The singer, songwriter, performer, and actress spent most early years in the United Kingdom before returning to Nigeria to do music.  She currently has a songwriting deal with Sony/ATV Music Publishing. Tiwa’s major source of income is her album sales, endorsement deals, shows, and tours.

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