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

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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.

Entertainment

S+x Is The Only Reason I Got Married To My Husband— Reverend(Mrs) Stellamaris Ajetomobi

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In a striking statement about marital roles, Rev. Mrs. Stellamaris Ajetomibi, Vice President of The Men of Issachar Vision Inc., shared her perspective on what she considers the “core assignment” in marriage.

“S+x is marriage, sex is marriage. Let me tell you, in my father’s house, I used to wear clothes. I eat rice, I eat any food. I have house to live, everything. What do you think I came to look for in my husband’s house? It’s s+x. It’s s+x,” she declared.

She emphasized the exclusivity of her marital duties: “If I do it with any other man, I will be stoned. If I do it with any other man, God will frown at it. So he’s the only one I have liberty to do it with, and they even gave me a certificate, as many of you that were there that day.”

On practical support, Ajetomibi clarified the distinction between household help and her main responsibility: “You can help me cook, that’s not bad. You can help me wash clothes, that’s not bad. In fact, you can help me do homework for my children. I pay teachers to do that. This assignment, this is the core assignment. I can’t pay anybody. If I catch you to doing it, it’s g+n down.”

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Actress Biola Adebayo Tenders Apology Over Interview With Baba Ijesha (Video)

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Popular Nigerian actress and podcaster Biola Adebayo has publicly apologized for featuring actor Baba Ijesha on her podcast.

Recall that Baba Ijesha, who was recently released from prison over sexual assault related offense, appeared on Talk to B podcast over the weekend.

Sharing his own side of the story, Baba Ijesha claimed that the allegation was false and accused comedienne, Princess of setting hin up.

He also stated that actress Iyabo Ojo who supported his imprisonment once entrusted her kids, Priscilla and Festus in his custody.

The interview sparked criticism, with followers of Iyabo Ojo and Princess accusing Biola Adebayo of using her platform to encourage child abuse.

Reacting to the heavy criticism on Tuesday evening, Biola Adebayo, who had earlier taken down the video, tendered a public apology.

While denying allegation of using her platform to exonerate him, Biola disclosed that she is also a rape victim.

Speaking in a trending video on her Instagram page, she said “I apologise to everyone. I’m very sorry, please forgive me. I will never support a rapist or pedophile. I thought I was just an interviewer, my role is to interview him, hear what he had to say.

“I thought he would apologise but he did not do so. But it’s not in my place to condemn him. My platform is for the good and the bad, it’s for both Saint and the sinners. The platform is not for only the people that you like alone. I’m a mother, a Christian and I’m also a rape victim.

”So, I will never enable anybody. The interview was not to exonerate Baba Ijesha, to agree with whatever he was saying or for him to come and claim innocent on my show. And a lot of people are insinuating that the video is to tarnish Iyabo Ojo’s image. I will never do that”, she said.

Watch her speak:

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Hollywood actor, Chuck Noreis, d!es at 86

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Iconic action star Chuck Norris has died. He was 86.

His family announced his passing in a statement released today March 20.

“It is with heavy hearts that our family shares the sudden passing of our beloved Chuck Norris yesterday morning. Please know that he was surrounded by his family and was at peace.” the statemnt in part reads

The martial artist and actor had just celebrated his 86th birthday on March 10.

Chuck rose to fame in the ‘80s with karate films like ‘A Force of One’ and ‘An Eye for an Eye,’ before becoming a household name as Cordell Walker in ‘Walker, Texas Ranger!’

Chuck is survived by his wife, Gena O’Kelley, and his five children — twins Dakota and Danilee, as well as Dina, Eric and Mike from previous relationships.

May his soul rest in peace, Amen.

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