Entertainment

Nigerian artists generated ₦58 billion in royalties from Spotify in 2024

Published

4 months ago

March 13, 2025

Nigerian artists generated ₦58 billion in royalties from Spotify in 2024

Nigerian music has reached a monumental financial milestone, with royalties generated by Nigerian artists on Spotify alone exceeding ₦58 billion in 2024.

This staggering figure is more than double that of 2023 and five times greater than 2022 in what captures the impressive growth of Nigerian music.

This staggering figure headlines Spotify’s 2024 Loud & Clear report that revealed the platform paid out 10 billion USB in royalties in 2024 which marks a remarkable 100% increase from its pay out 10 years ago.

The report also reveals that the number of Nigerian artists generating ₦10 million in royalties from Spotify has more than doubled since 2023 and more than tripled compared to 2022 figures, underscoring the explosive commercial growth of Nigerian music globally.

“We remain committed to empowering Nigerian artists to earn from their art whilst maintaining transparency with artists and stakeholders,” says Jocelyne Muhutu-Remy, Spotify’s Sub-Saharan Africa Managing Director.

“The incredible growth of Nigerian music, both locally and globally, is a testament to the talent and creativity within Nigeria, and we are proud to support its continued rise.”

Key Financial Highlights from the 2024 Report:

Nigerian artists were discovered by first-time listeners over 1 billion times on Spotify in 2024
More than 1,900 Nigerian artists were added to Spotify editorial playlists—33% more than in 2023
A significant portion of the ₦58 billion in royalties earned by Nigerian artists came from listeners outside Nigeria.
The fact that a significant portion of the streaming revenue generated by Nigerian artists is from listeners outside the country captures the global spread of Nigerian music.

It also a reminder that Nigeria needs to do more in terms of internet infrastructure and a stronger economy to increase the country’s streaming capacity.
The report also highlights the broader cultural impact of Nigerian music.
- Global listeners on average spend over 1.1 million hours streaming Nigerian artists
- Users have created approximately 250 million playlists featuring Nigerian artists worldwide
- Nigerian artists have seen a 49% export growth over the past three years
- Local consumption of Nigerian content has grown 206% year-over-year, with a remarkable 782% increase over the past three years
This unprecedented financial success reflects the dynamic creativity emerging from Nigeria’s music scene and signals Spotify’s ongoing commitment to supporting artistic talent across the region.

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Entertainment

Popular Nigerian filmmaker Kayode Peters dies in Canada

Published

23 hours ago

June 28, 2025

Ekwutos Blog

Famous Nigerian filmmaker and producer, Kayode Peters is dead.

The 49-year-old reportedly died in Canada on Saturday, June 28, 2025.

Seun Oloketuyi, a popular Nigerian filmmaker and the founder of Best Of Nollywood, BON Awards, announced the sad news on his Facebook page.

He wrote; “Bad News emerging from Canada indicates Filmmaker Kayode Peters is dead.”

As at the time of filing this report, the circumstances surrounding his death remain unclear.

Entertainment

‘Maybe I’m not good at marriage’ – Frank Edoho announces second divorce

Published

1 day ago

June 28, 2025

Ekwutos Blog

Famous Nigerian media personality and TV host, Frank Edoho, has revealed that his second marriage has crashed.

Ekwutosblog recalls that Edoho married his second wife, Sandra Onyenuchenuya, after his first marriage to Katherine Obiang hit the rocks in 2011.

Featuring in a recent episode of the Tea With Tay podcast, the TV personality disclosed that he and his second wife had separated.

He explained that he did his best for the two marriages but they all failed.

He said, “Maybe I’m not good at marriage, I must confess. The two women I had been married to are not my soul mates. Love of your life is different from your soul mate. The love of your life is the person who comes to your mind when you think of love. But your soul mate is someone who understands you even before you express yourself and you naturally align with.

“I know that I went above and beyond for the two marriages. I carried my partner… I can abandon everything for her. But you don’t blame them for falling out of love with you. Take the footballer Kaka for example, he’s a Brazilian and he looks as handsome as an Indian. Very handsome guy, even when he retired from football, he was still handsome. But his wife divorced him. Do you know what she said? ‘He is too good’.”

Entertainment

I was living in bondage while married to Annie – 2Face

Published

1 day ago

June 28, 2025

Ekwutos Blog

Legendary Nigerian musician, Innocent Ujah Idibia, popularly known as 2Face, has opened up about his struggles in his marriage to his estranged wife, Annie Macaulay.

He described the experience as “living in bondage.”

He claimed that his life was also threatened while in the marriage.

The ‘African Queen’ crooner made the claims in a snippet of the upcoming episode of +234 Mzansi Podcast co-hosted by Nigerian comedians Nedu, Acapella and South African media personality, Kifilwe.

“This thing wey dem call ‘living in bondage’ is real. There were some people who were ready to kill me,” he said while responding to a question about his failed marriage to Annie.

2Baba and Annie got married in May 2012, and they have two daughters, Isabella and Olivia.

The singer announced his separation from Annie in a controversial post on his page on Sunday, January 26, 2025.

Shortly after, he began flaunting his new lover, Natasha Osawuru, a member of the Edo State House of Assembly.