How big is the Nigerian music industry?

The Nigerian music industry is an expansive and ever-evolving industry that provides a unique outlet for the country’s creative talents


The Nigerian music industry is huge! It’s one of the biggest and most vibrant music industries in Africa, and it’s growing rapidly. In fact, it’s estimated that the industry is worth over $250 million, and it’s only expected to grow in the coming years. There are a number of factors that have contributed to the growth of the industry, including the rise of streaming services and social media platforms. These have made it easier for Nigerian artists to reach a global audience. And the industry has also benefited from the support of international record labels and investors.

One of the most interesting things about the Nigerian music industry is the way it’s helping to shape the culture of the country. Many Nigerian artists are using their music to address social and political issues, and to promote positive change. For example, Burna Boy has spoken out about police brutality and corruption in Nigeria, and his music has become an anthem for the End SARS movement. And many other artists are using their music to raise awareness about important issues like gender equality, poverty, and climate change. Nigerian music is doing more than just entertaining – it’s making a difference!

One thing that sets the Nigerian music industry apart from other African music industries is its diversity. There are a wide range of genres and styles represented in Nigerian music, from afrobeats to fuji, highlife, gospel, reggae, hip hop, and more. This diversity has helped to attract a diverse audience, and it’s also helped to make Nigerian music appealing to listeners around the world. This diversity is also reflected in the way the music is produced and promoted. Many Nigerian artists work with producers from all over the world, and they collaborate with musicians from a variety of backgrounds.

Nigerian music industry is the second largest in Africa

The Nigerian music industry is the second largest in Africa, behind South Africa. There are a number of reasons for this. First, Nigeria has a large population – it’s the most populous country in Africa, with over 200 million people. This means there’s a large potential audience for Nigerian music. Second, the Nigerian economy is growing rapidly, and the middle class is expanding. This has led to an increase in disposable income, which people are spending on entertainment, including music. Third, the Nigerian government has been supportive of the music industry, providing funding and resources to help it grow.


The Nigerian music industry is the second largest in Africa, with a thriving music scene that is becoming increasingly popular worldwide. With a vast array of genres, including afrobeat, fuji, hip-hop, and afro-fusion, the industry has grown exponentially in recent years.

the rise of streaming services like Spotify, Apple Music, and YouTube has also been a major factor in the growth of the Nigerian music industry. These platforms have made it easier for Top Nigerian artists to reach a global audience. And the rise of social media has also played a role. Platforms like Instagram, Twitter, and TikTok have allowed artists to connect with fans and promote their music in new ways. Nigerian artists are also benefiting from the growing popularity of African music in the West.

The industry generates over $2 billion in revenue per year

The Nigerian music industry is estimated to generate over $2 billion in revenue each year. This includes revenue from album and single sales, streaming royalties, concerts and live performances, merchandise sales, and more. It’s important to note that this number includes both domestic revenue (money made within Nigeria) and international revenue (money made outside of Nigeria). Nigerian artists are earning money from fans all over the world, and this is contributing to the growth of the industry. It’s estimated that this number will continue to grow in the coming years. 

As of 2021, the Nigerian music industry is a massive economic force. The industry generates over $2 billion in revenue per year, making it one of the largest music industries in the world. This industry is growing rapidly and is projected to continue to grow over the coming years. Furthermore, this growth is driven by an increase in digital streaming and downloads, which account for the majority of revenue generated. The industry also employs thousands of people, providing jobs and income to numerous people across the country.


Nigeria has over 500 music producers, over 1000 record labels, and over 50 radio stations

the Nigerian music industry has a large and robust infrastructure. There are over 500 music producers working in the industry, including some well-known names like Don Jazzy, Pheelz, and Sarz. And there are over 1000 record labels, including major labels like Mavin Records, Chocolate City, and Starboy Entertainment. These labels help to develop, promote, and distribute Nigerian music. And there are over 50 radio stations, including Beat FM, Cool FM, and Wazobia FM, that play Nigerian music. This infrastructure helps to support the growth of the industry.

Nigerian music has over 30 million monthly listeners worldwide

The success of Nigerian artists like Wizkid, Burna Boy, and Davido is helping to bring more attention to the country’s music scene. As more people discover the unique sounds and styles of Nigerian music, the number of listeners will continue to increase

Music streaming services such as Boomplay, iTunes, and Spotify have contributed to the growth of the industry

streaming services have played a huge role in the growth of the Nigerian music industry. Boomplay, which is Africa’s largest music streaming service, has over 70 million users. This has helped to increase the reach of Nigerian music, making it available to more people than ever before. And other streaming services like iTunes and Spotify have also played a role. iTunes has helped to increase the visibility of Nigerian music, and Spotify has made it easy for users to discover new music from the country. These platforms have made it possible for Nigerian music to reach a global audience

The genre of Afrobeats has become increasingly popular worldwide

Afrobeats has become one of the most popular genres of music worldwide. The genre, which originated in Nigeria, combines elements of hip hop, R&B, and traditional African music. Afrobeats has been popularized by artists like Wizkid, Burna Boy, and Davido, who have taken the genre to new heights. The genre is now being heard in clubs, festivals, and radio stations all over the world. The popularity of Afrobeats has helped to put Nigeria on the map as a country with a vibrant and unique music scene. 

In fact, it has become a leading musical force in the international music industry, from the UK to the US, and from Canada to Australia. This trend has been fueled by the work of popular Nigerian musicians such as Wizkid, Burna Boy, Davido, and Tiwa Savage. This has further driven collaboration between Nigerian artists and international acts, creating a unique sound that is resonating with global audiences.

Nigerian music festivals, such as Felabration, are held annually to celebrate the music

The annual Felabration festival is one of the biggest and most popular music festivals in Nigeria. It’s held every year to celebrate the life and music of Fela Kuti, one of Nigeria’s most influential musicians. The festival brings together artists from all over the world to celebrate the legacy of Fela Kuti and his influence on Nigerian music. The festival is a celebration of Afrobeats, and it’s a chance for the world to discover the rich and diverse music of Nigeria. Felabration is just one of many festivals that celebrate Nigerian music. 

Aside from Felabration, there are several other festivals that celebrate Nigerian music. The Lagos International Jazz Festival, the Calabar Carnival, and the Carnival Calabar are just a few of the many festivals that take place every year. These festivals showcase the best of Nigerian music, from traditional folk music to modern Afrobeats. They also provide a platform for up-and-coming artists to showcase their talent. The festivals attract visitors from all over the world, helping to spread the sound of Nigerian music. It’s truly amazing to see how Nigerian music is being celebrated all over the globe.

Nigerian musicians have won numerous awards and have collaborated with international artists

Nigerian musicians have been recognized for their talent by winning numerous awards, both locally and internationally. Wizkid, for example, has won multiple BET Awards, MOBO Awards, and MTV Europe Music Awards. Burna Boy has also won BET and MOBO Awards, as well as an NAACP Image Award. They’ve also collaborated with artists from all over the world, including Beyoncé, Drake, and Rihanna. These collaborations have helped to bring even more attention to Nigerian music. It’s exciting to see how the Nigerian music scene is growing and evolving.

Final thought

In conclusion, the Nigerian music industry is on the rise. It’s been able to grow thanks to the hard work of Nigerian artists, the support of fans all over the world, and the help of streaming services and music festivals. The future is bright for Nigerian music, and there’s no doubt that it will continue to grow and evolve. It’s been inspiring to see the impact that Nigerian music has had on the world, and it’s only the beginning!