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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.

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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.

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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

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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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Broadcasting

NBC, INEC, Plan Joint Broadcast Monitoring Framework ahead of 2027 Elections

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National Broadcasting Commission (NBC) and the Independent National Electoral Commission (INEC) are set to introduce a joint broadcast monitoring framework ahead of the 2027 general elections as part of efforts to curb unethical broadcasting and promote responsible election coverage.

NBC, INEC, Plan Joint Broadcast Monitoring Framework ahead of 2027 Elections

Charles Ebuebu, director-general, NBC, who disclosed the plan recently, said the collaboration would strengthen election monitoring through the deployment of advanced technology and closer coordination between regulatory agencies.

According to him, the increasing influence of digital and online platforms has made it imperative for regulators to work together rather than operate independently.

“We have written to INEC, and we are going to have a joint monitoring outlook over the elections. Gone are the days when agencies work in silos. When we coordinate, we’re able to monitor more effectively,” Ebuebu said.

He explained that the partnership would enable both agencies to jointly identify and address violations of broadcasting regulations during the election period instead of handling such issues separately.

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Beyond INEC, Ebuebu said the NBC is also partnering with other key regulators to strengthen oversight of election-related content across digital platforms.

According to him, the commission is finalising agreements with the Nigerian Communications Commission (NCC) and the National Information Technology Development Agency (NITDA) ahead of the polls to reinforce its monitoring capabilities.

“We are calling in other stakeholders to reinforce the election monitoring. We are signing agreements with the Nigerian Communications Commission and the National Information Technology Development Agency before the elections,” he said.

Ebuebu also revealed that the NBC is upgrading its monitoring infrastructure with artificial intelligence (AI)-powered tools to keep pace with the rapidly expanding media landscape.

He noted that the proliferation of online platforms has made traditional monitoring methods inadequate.

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“With online platforms, there are thousands of them. You need more than staff; you need AI monitoring facilities,” he said.

The NBC chief added that the commission has significantly improved its monitoring capacity and can currently track nearly 50 broadcast channels from its monitoring centre in Abuja.

He said additional monitoring facilities would be established across the country in line with evolving broadcasting technologies.As part of preparations for the 2027 elections, Ebuebu announced plans for a sensitisation workshop in Ibadan that will bring together broadcasters, INEC officials, security agencies and other stakeholders.

He said the engagement had become necessary as political discussions surrounding elections continue to grow more heated, including on television, stressing the need for broadcasters to adhere to professional standards.

Ebuebu noted that the commission has had to issue several warnings to broadcast stations for violating the broadcasting code during election periods.

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“We have had to write several of them because they simply forget what the code says,” he said

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NBC Tasks Broadcasting Stations over 2028 DSO Global Deadline

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Mrs. Clementine Wamba, head, Digital Switch Over (DSO) at the National Broadcasting Commission (NBC), has stressed the need for broadcasting stations and practitioners nationwide to work towards meeting the 2028 global deadline for the switch over.

She made the call in her presentation titled, “DSO Big Picture: Free TV Audience Measurement and the Evolving Media Landscape”, at the 2026 NBC South West Summit held in Ibadan.

Wamba harped on the need for practitioners to adopt DSO in the transmission of  news and other programmes in order to meet future challenges, stating that any country that fail to align with the DSO by 2028 will be shut out of practice.

This development, according to her, may result in job losses and other consequences that could hinder the growth of the industry in Nigeria, noting that Free TV is tailored towards the DSO, with provision for many channels in contrast to the age-long analogue system.

According to her, “The Digital Switch Over is a technological improvement on the age-long analogue style of broadcasting in the country. With the adoption of the DSO, practitioners will be in tune with global practice of broadcast journalism.

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“Also, its benefits include efficient use of spectrum, changing of industry landscape, more access to national development programmes and better viewing experience.”

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NBC Scraps Annual Digital Access Fee on DSO

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National Broadcasting Commission (NBC) has said that Nigerians will no longer pay annual Digital Access Fees under the renewed Digital Switch Over (DSO) project.

NBC Scraps Annual Digital Access Fee on DSO

Charles Ebuebu, director-general, NBC, disclosed this in an exclusive interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja,

Ebuebu said viewers only need to purchase an approved decoder and satellite dish which cost below N20,000 to enjoy free television permanently.

“Previously, users paid an annual digital access fee of about N1,500, described as an administrative charge.

“The new system removes that annual fee. It provides free access to free-to-air television channels without any payment.

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“Premium channels will be introduced later. Viewers who want those additional channels will be able to access them through paid services.

“Nigerian content on free-to-air channels remains free to watch. Unlike Pay TV, this platform does not require monthly subscriptions for its basic service,” he said

Ebuebu said approved decoders for the FreeTV will cost less than N20,000 and authorised sales outlets will soon be announced.

He urged Nigerians to wait for official information on approved dealers for the DSO decoders, warning that unauthorised sellers are exploiting growing public demand.

He reiterated that people only need a free-to-air decoder, along with a satellite dish instead of the old antenna system to receive the DSO signal.

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“Once the equipment is installed, viewers can access all available channels across the country without paying any subscription fees,” he stressed

The DG dismissed claims by some retailers that there are different categories of decoders sold at varying prices, stressing that such sellers are not authorised by the commission.

According to him, the NBC will soon publish the list of approved dealers, official prices, and locations where genuine decoder boxes and accessories can be purchased.

The NBC boss said the DSO project is designed not only to improve television broadcasting but also to stimulate economic growth by creating jobs, attracting investment, and opening up opportunities for businesses that support the broadcasting industry.

Ebuebu noted that content producers and broadcasters stand to benefit significantly from the nationwide reach of the DSO platform.

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Unlike the previous system, where many stations had limited regional audiences, he said the new platform will make their channels available to viewers across Nigeria.

He added that the introduction of audience measurement technology will provide scientific and reliable data on television viewership.

Ebuebu added that audience measurement technology will give advertisers greater confidence in placing adverts and enable broadcasters to demonstrate the true size and reach of their audiences nationwide.

 

 

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