10 Richest Female Musicians in Nigeria 2023

Welcome to Legitexplore, today we bring to you the list of 10 richest female musicians in Nigeria 2023.

The music industry in Nigeria is endowed with a wealth of talent. We have some wealthy artists who make the list of the richest female musicians in Nigeria, proving that even if male musicians are popular around the globe, female singers aren’t being left behind.

Richest Female Musicians In Nigeria

The list of richest female musicians that you might be interested in are listed below, there are:

  • Tiwa Savage

Tiwa Savage is without a doubt the richest female musician in Nigeria. The singer of “Kele Kele Love” has been around for a while and is familiar with the business.

Tiwatope Savage, a multi-award winner, was born on February 5th, 1980, and at the age of 16, she began her musical career as a vocalist for George Michael and Mary J. Blige.

She is Nigeria’s highest-paid female musician. After recently agreeing to a multi-million dollar contract with Jay-z’s music record business, she even saw a boost in her net worth. Tiwa Savage has an estimated net worth of $5 million.

  • Yemi Alade

Yemi Eberechi Alade, also known as Yemi Alade to her admirers, was born on March 13, 1989, in Abia State, Nigeria. Although she began performing in 2005, she rose to fame in 2009 after taking first place at the Peak Talent Show.

“Johnny,” one of the songs that helped her reach the top of the charts, has been viewed over 20 million times on YouTube. Yemi Alade has an estimated net worth of $4.5 millions.

  • ASA

Vocalist Bukola Elemide, often known as ASA, is of French and Nigerian descent. She became well-known after releasing her back-to-back hit songs, including “Eye Adaba” and “Jailer,” to name a couple.

She has written a number of excellent popular songs and is said to have agreed to a lucrative endorsement deal with GTBank after recording the main song for them. She has an estimated net worth of $4 millions.

  • Omawumi

Omawumi Megbele, better known by her stage name Omawumi, is a Nigerian actress and singer who performs in the genres of afropop, pop, soul, and R&B. She was born in Delta State, Nigeria, on April 13, 1982.

As a brand ambassador, she represents organisations like Malta Guinness, Globacom, and Konga.com. She also takes part in the initiative known as “Rise with the Energy of Africa.”

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She became well-known after placing second in West African Idols, a reality TV programme that was a part of the Idols franchise, in its seventh season. Since then, she has developed into one of the best in the Nigerian music industry as a result of the inclusion of several well-known Nigerian performers in her songs.

She has acted in a number of films, including The Return of Jenifa, House of Gold, Inale, and Make a Move. She now ranks among the wealthiest female musicians in Nigeria because to her accomplishments through the years in the music business. She has an estimated net worth of $3.5 millions.

  • Chidinma

Chidinma is a gospel singer and songwriter who is located in Nigeria. Her real name is Chidinma Ekile, and she was born on May 2, 1991. She rose to the top of the entertainment world in 2010 after winning the third season of Project Fame West Africa.

She created history when, following the release of the music video for her track “Emi Ni Baller,” she became the first ever female musician to place first on the MTV Base Official Naija Top 10 list.

 Her song “Jankoliko,” which featured Sound Sultan, was released in 2011. On the internet music platform Spinlet, she released her debut album, Chidinma, under her own name. The singles “Kedike,” “Carry You Go,” “Jankoliko,” and “Run Dia Mouth” were released to promote the album.

Her new album’s lead hit, Jehovah Overdo, was just released, and she recently signed with Eezee Concept. She is currently the fourth-richest female artist in Nigeria, according to Forbes. She has an estimated net worth of $2.8 millions.

  • Simi

Simisola Bolatito Kosoko, a Nigerian singer, songwriter, and actress better known by her stage name Simi, was born on April 19, 1988, in Ibadan, Bayelsa State.  Her debut studio album was titled Ogaju, and in 2022, she served as a judge for the seventh season of the television programme Nigerian Idol.

She gained popularity after releasing the song “Tiff,” which was nominated for Best Alternative Song at the 2015 Headies. Simi signed a record deal in 2014, and when her contract with X3M Music expired in May 2019, she departed the label.

As of September 8, 2017, Simisola, her second studio album, was made available.  On April 19, 2019, she turned 30. That same day, Omo Charlie Champagne, Vol. 1, her third studio album, was released. Earlier this year, in June, Studio Brat was established.

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Simi, who is now a mother of one and the stunning spouse of fellow artist Adekunle Gold, has also ascended through the ranks to become one of the wealthiest female musicians in Nigeria. She has an estimated net worth of $2.5 millions.

  • Seyi Shay

Deborah Oluwaseyi Joshua (born Oluwaseyi Joshua; December 21, 1985) is a singer, songwriter, and actress better known by her stage name, Seyi Shay. Three of her songs were used on the soundtrack for the Konami video game Crime Life: Gang Wars.

The song “You Will See” from Melanie C’s third studio album, Beautiful Intentions, was also written by her. “White Lies,” one of Chip’s Transition albums, was written by Shay.

She was chosen as the lead singer of the now-defunct pop female ensemble From Above in 2008. The band was put under Mathew Knowles’ Music World Entertainment’s management after agreeing to a recording deal with Sony’s Columbia Records.

In November of same year, Etisalat, a cellular company in the United Arab Emirates, enlisted Shay as an endorser. Seyi Shay hasn’t shown any signs of slowing down since earning a name for herself in the music business in 2001, and she continues to dominate it with her songs. She has an estimated net worth of $2 millions.

  • Madrina (Cynthia Morgan)

Cynthia Ikponmwenosa Morgan, a singer and composer, was born on September 23, 1991, in Nigeria.  She is currently one of Nigeria’s richest female musicians. Cynthia used to go by the stage name Cynthia Morgan, but she now goes by Madrina when performing. Her music combines the four genres of rap, dancehall, hip hop, and pop.

After the release of the singles “Lead Me On” and “Don’t Break My Heart,” which both received a lot of radio play and positive reviews from music critics, she gained a lot of attention from the general public.

Her debut appearance came in Saint Joseph ovensehi’s 2016 Nollywood comedy, “The Wrong Number,” which also included her in a supporting character. Mardrina has received four awards so far. She has an estimated net worth of $1.8 millions.

  • Waje
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Aituaje Iruobe, a Nigerian vocalist with a range of three octaves, goes by the stage name Waje. She first gained popularity after appearing on the cover of P- Square’s song “Omoge Mi.”

Waje also appeared on the duo’s 2008 smash song “Do Me,” which was also published. She also contributed vocals to the songs “One Naira” by M.I. and “Thief My Kele” by Banky W.

 Waje served as one of the four judges for The Voice Nigeria’s inaugural season in 2016. On the 2018 season of the Africa Magic soap opera Battleground, which aired in 2018, Waje had a recurring role.

Waje, who has released three albums, has won 19 honours over the course of her illustrious career. She has also participated in a number of charitable endeavours. Waje volunteered with the young people in her area through her organisation, “Waje’s Safe House,” which she operates quarterly in collaboration with a number of other non-governmental organisations (NGOs).

Waje’s Safe House provided support for the Mental and Environmental Development Initiative for Children as its initial project. This endeavour aided endeavour HELP (Help Educate the Less Privileged), which aimed to raise money so that kids could continue their education at the Makoko school. Waje’s singles “Oko Mi” and “I Wish,” which both had Ring Back Tones, helped generate money for these causes. She has an estimated net worth of $1 millions.

  • Nneka

Nneka Lucia Egbuna was born on December 24, 1980. She sings in Igbo, Pidgin, and English. Nneka first gained widespread attention in 2004 while introducing Sean Paul at Hamburg Stadtpark. After receiving praise, she made preparations to record her debut album. throughout April 2005, she went on tour throughout Germany, Austria, and Switzerland following the release of The Uncomfortable Truth.

Although Nneka primarily sings rather than raps, she cites hip hop as her primary musical inspiration. In her quest for musical success, she lists Fela Kuti, Bob Marley, Mos Def, Talib Kweli, and Lauryn Hill as major influences.

Her lyrics depict both her life in Europe and Nigeria. 

Her songs are morally and theologically charged and centre on capitalism, poverty, and war. She has been compared by some music critics to Erykah Badu, Neneh Cherry, and Floetry. She has an estimated net worth of $800,000.

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