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Forbes 10 Richest Musicians in Africa

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Forbes, a leading source for reliable business news and financial information has released a list of the top 10 most bankable/richest artistes in Africa with Nigeria’s Don Jazzy at number two in Africa and number one in Nigeria.

This list compiled in conjunction with Channel O used factors such as endorsement value, popularity, show rates, sales, awards, YouTube views, appearance in newspapers, investment, social media presence, Influence and so many other factors.

The list shows the African artistes making the most money in Africa.

Forbes and Channel O however put Akonm, the Senegalese American R&B recording artist at number one ahead of Don Jazzy.

Don Jazzy born Michael Collins Ajereh, November 26, 1982, better known as Don Jazzy, is a Multi award-winning record producer, singer-songwriter, musician, former CEO of Nigerian record label Mo’ Hits Records founded in 2004 and current CEO of the Mavin Records label which he founded in May 2012 after his split up with childhood friend and Mo’Hits partner, D’banj.

Born in Umuahia in Abia state, his first signing was D’banj who was at that time also the Vice-President of the label and now President after split.

Don Jazzy’s first full credit production work was in 2004 on Tongolo for Nigerian singer D’banj. He went on to produce D’banj’s first studio album titled No Long Thing released in 2005.

He has produced tracks for Dr SID, Wande Coal, D’Prince, Darey, Naeto C, Olakunle Excel et Zanga (O.A.U), Sauce Kid, Ikechukwu & Tiwa Savage. He also collaborated with Jay-Z and Kanye West on the production of Lift Off, featuring Beyoncé on the album Watch The Throne, released on August 8, 2011.

Below is the full list of Forbes and Channel O list:
1. AKON – CEO of Konvict Music, opened doors with other African artiste

2. DON JAZZY – Producer. CEO Mavin Records, MTN, Samsung and Loyal Milk endorsement. D’Banj, Kanye West, Beyonce and Jay Z on production credits.

3. P SQUARE – Music Duo. Featured on Forbes Africa twice, sold out concerts, presidential guest in at least 5 African countries, they fly private jets…
psquare-whiz-kid

*Peter Okoye, Wizkid, Paul Okoye

4. D’BANJ – Music Artiste. G.O.O.D Music deal, Sony Entertainment deal

5. WIZKID – Music Artiste. EME artiste, Starboy CEO, affiliation with Disturbing London, several international collaborations, highest paid Pepsi ambassador in Africa, ambassador of MTN

6. 2FACE IDIBIA – Music Artiste. 10million CDs and at least 7million digital sales, one campaign… associated with Guinness, Haven Homes, Airtel Worldwide and philantropist – 2face foundation

7. ANSELMO RALPH – Musically Artiste Samsung and Coca Cola ambassador, Perfume line, clothing label, multimillion dollar tour bus, Sony artiste.

8. SARKODIE –  Rapper. Youth ambassador Ghana, Sark clothing, Samsung ambassador, fan milk Ghana ambassador.

9. ICE PRINCE – Artiste. Six million downloads, 2 studio owner, one foundation member, Plug N Play ambassador, Zamani foundation.

10. BANKY W – Artiste. Co owner EME, Samsung Ambassador, Philanthropist, multiple award winner.


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Spotify Marks 5 Years in Nigeria with 163.5% Listening Surge, Afrobeats Boom

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Spotify marked five years in Nigeria since its February 2021 launch with dramatic year-on-year listening growth averaging 163.5% through 2025, featuring triple-digit surges early on and sustained momentum, propelled by Afrobeats streams rocketing +5,022% alongside booming genres like Amapiano (+10,330%), Gospel/Praise (+5,499%), Hip-hop/Rap (+3,020%), and R&B (+2,602%).

Spotify Marks 5 Years in Nigeria with 163.5% Listening Surge, Afrobeats Boom

Spotify

Indigenous language music listening surged +554% in Nigeria in 2024 and +87% in 2025, with global growth at +141% and +41% respectively, underscoring rising demand for local storytelling sounds.

The platform’s Nigerian artist roster expanded +158%, fueling a discovery boom where average listeners (aged 26) streamed 150 different artists recently; users created over 25 million playlists, logged 1.4 million play hours in 2025 alone, and streamed 59 billion podcast hours total.

Top Artists (2021-2025): Asake, Wizkid, Seyi Vibez, Burna Boy, Davido.

Top Songs: “Remember” (Asake), “Dealer” (Ayo Maff & Fireboy DML), “Awolowo” (Fido), “Kese (Dance)” (Wizkid), “Lonely At The Top” (Asake), “Joy is Coming” (Fido), “With You” (Davido feat. Omah Lay), “Terminator” (Asake), “MMS” (Asake feat. Wizkid), “Doha” (Seyi Vibez).

Nigeria’s debut stream was Shiga Lin’s Cantopop epitomizing borderless discovery from day one.


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Pheelz Shares His Journey on Glo-Sponsored African Voices

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Nigerian singer, songwriter and producer Pheelz (Phillips Kayode Moses) is set to feature this weekend on African Voices Changemakers, the flagship magazine programme on CNN International.

The 30-minute episode, sponsored by digital solutions company Globacom, premieres on Saturday, February 21, 2026. In a candid sit-down with host Larry Madowo, Pheelz opens up about his journey from church musician to global hitmaker, reflecting on the intersections of faith, fame and the expanding influence of Afrobeats on the world stage.

Now 31, Pheelz began his musical path as a multi-instrumentalist in church before earning widespread acclaim in 2012 as the producer behind the hit tracks “First of All” and “Fucking with the Devil” on Olamide’s YBNL album. His rapid rise saw him named among NotJustOk’s Top 10 Hottest Producers in Nigeria in 2013.

He further solidified his reputation by producing nearly every track on Olamide’s Baddest Guy Ever Liveth, earning nominations at The Headies 2013 and in the Producer of the Year category at both The Headies 2014 and the Nigeria Entertainment Awards. In 2020, he clinched The Headies Producer of the Year award, and in 2021 secured the Soundcity MVP Award for Best Collaboration for “Finesse,” his smash hit with Bnxn (formerly Buju).

On the programme, Pheelz reflects on the experiences that shaped his sound and creative philosophy, discusses landmark collaborations, shares his perspective on artificial intelligence and artistry, and explains why sound, storytelling and culture remain central to African music’s global resonance.

The show airs on DSTV Channel 401 at 8:30 a.m. (WAT) on Saturday, with repeat broadcasts at 12:00 noon the same day; Sunday at 4:30 a.m. and 7:00 p.m.; Monday at 4:00 a.m. and 6:45 p.m.; and Tuesday at 6:45 p.m. The broadcast schedule continues through Monday of the following week.


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Dr. Cairo Ojougboh Foundation Bolsters Nigeria’s Education Drive with ₦2.7m Student Support

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Dr. Cairo Ojougboh Foundation has reinforced government’s educational development efforts in Nigeria through a targeted initiative honouring the late medical doctor and House of Representatives member, Dr. Cairo Ojougboh.

Dr. Cairo Ojougboh Foundation Bolsters Nigeria's Education Drive with ₦2.7m Student Support

L-R: Son of the late Dr, Cairo Ojougboh, Mr. Nkem Ojougboh; Chairperson, Dr. Cairo Ojougboh Foundation, Mrs. Bose Ojougboh and another son, Mr. Orieka Ojougboh, during the event in Agbor, Delta State recently.

The foundation recently hosted a programme themed “Your Future, Your Choice” at St. Columba’s Grammar School in Agbor, headquarters of Ika South Local Government Area, Delta State.

It presented a cheque of ₦2,700,000 to cover examination fees for students preparing for West African Examinations Council (WAEC), National Examinations Council (NECO), and Junior Secondary School (JSS) 3 exams.

Academic excellence received further boosts with cash rewards for top students across the school’s nine academic arms, alongside distributions of notebooks and writing materials to enhance learning.

Chairperson Mrs. Bose Ojougboh, joined by her sons Mr. Nkem and Mr. Orieka Ojougboh, urged students to view challenges as stepping stones, embrace discipline, consistency, and focus, and make intentional choices shaping their futures.

“The school that moulded Dr. Cairo’s values deserves our support,” she said, highlighting the foundation’s commitment to inspiring hard work and personal growth.

Old Boys of St. Columba’s Grammar School, led by Elder Ndudi Agholor, attended in force, sharing nostalgic reflections and praising the school’s sustained high standards under current leadership.

School Principal Rev. Fr. Joseph Ugboh and Ika South LGA Chairman Engr. Jerry Ehiwarior lauded the initiative as “commendable and impactful,” calling for its continuation to preserve Dr. Ojougboh’s legacy of discipline, excellence, and service.

They noted the support had motivated students to pursue their goals with renewed determination, ending the event on a hopeful note.


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