People want to know who is the richest female musicians in Nigeria; in this post, you will find out who is cashing out big time in the music industry.
It is obvious that there is money in music, but all the artists don’t have the same paycheck so it becomes a debate on who is making the highest money.
The Nigerian music industry has grown to be one of the best in the world with superb artists emerging every day with good music.
Nigeria is blessed with outstanding female musicians who are making money with their craft.
While the men artists are making it big, the ladies are not lacking behind. They certainly don’t want to carry last.
How to know the richest female musicians in Nigeria
Some factors determine the richest female musicians in Nigeria.
Calculating their net worth, which has to do with sales of music, money charge for shows, and endorsement deals.
You don’t see a female artist that just made it recently then you said she is the richest musician in Nigeria.
When you talk about the best female musicians in Nigeria; they are the ones making the highest money.
Top 10 Richest female musicians in Nigeria
Below are the top 10 richest female musicians in Nigeria with their net worth.
10. Simi (Net Worth $700,000)
Simisola Kosoko Ogunleye popularly known as Simi is a singer, songwriter, and actress, she was born on 19 April 1988.
She started as a gospel artist, with her first album released in 2008.
Simi became popular in 2014 after releasing “Tiff“. The song was nominated for Best Alternative Song at The Headies 2015.
In 2014, Simi signed a deal with X3M and left the label in 2019 after the expiration of her contract with the record label.
Simi is one of the famous female musicians in Nigeria.
Before her marriage with fellow singer, Adekunle Gold, Simi and Falz were known to be dropping the best collaboration. They both released an EP Titled Chemistry.
Simi and Falz came together to release an award-winning song titled “Soldier“.
Simi is one of the richest female musicians in Nigeria with an estimated net worth of $700,000.
9. Nneka (Net Worth – $1.3 million)
In 2004, Nneka performed at Hamburg Stadtpark, as an opening act for dancehall artist Sean Paul.
Nneka released her first album “Victim of Truth” in 2005 under Yo Mama’s Recording Company. The album was available in Germany, England, France, Netherlands, Nigeria, and Japan.
Nneka is certainly among the richest female musicians in Nigeria with an estimated net worth of $1.3 million.
8. Madrina (Net Worth – $1.5 million)
Madrina is no doubt one of the richest female musicians in Nigeria.
The real name Cynthia Ikponmenosa Morgan previously known by the stage name Cynthia Morgan was born on 23 September 1991.
The singer, songwriter, and actress came into the limelight after the release of her hit singles “Don’t Break My Heart” and “Lead Me On” in 2013 under Northside Entertainment.
Madrina hit single, German Juice tops many charts and was fans favorite.
She made her mark in Nollywood in 2016, featuring in a movie titled “The Wrong Number” which was directed by Saint Joseph Ovensehi.
READ MORE: Tiwa Savage net worth and biography (2020)
Madrina also had a cameo appearance in AY’s comedy movie “A Trip to Jamaica“
Cynthia Morgan net worth is estimated at $1.5 million.
7. Waje (Net Worth – $1.7 million)
Born Aituaje Aina Vivian Ebele Iruobe, known professionally as Waje, is a singer and songwriter with vocals to murder beat of any kind.
Waje gained prominence after featuring in P-Square’s hit songs “Omoge Mi” and “Do Me”.
She also spices up M.I “One Naira” with Banky W “Thief My Kele” with her vocal power.
Because of her experience and professionalism, Waje was chosen among four judges in the inaugural season of The Voice Nigeria.
In 2014, Waje made her acting debut in a movie titled Tunnel, alongside Femi Jacobs, Patrick Doyle, Nse Ikpe-Etim, and Lepacious Bose. The movie which is directed by Stanlee Ohikhuare is centered around a young pastor’s life
Waje is one of the richest female musicians in Nigeria with an estimated net worth of $1.7 million.
6. Asa (Net Worth – $2 million)
Asa, real name Bukola Elemide is a Nigerian-French singer and songwriter, born on 17 September 1982.
Asa parents were working and studying cinematography in France when she was born. Her parents later returned to Nigeria before going back to France 18 years later where Asa began her music career.
Asa met Cobhams Asuquo in 2004 through her manager and friend, Janet Nwose. Cobhams produced her first album “Asha“.
Asa is one of the wealthiest female musicians in Nigeria.
Her hit singles in 2006, “Fire on the Mountain” and “Jailer” brought her fame.
Asa was reported to have signed an endorsement deal worth millions of Naira with GTB after recording a theme song for the financial institution.
With four studio albums to her name, she is regarded as one of the richest female musicians in Nigeria with an estimated net worth of $2 million.
5. Seyi Shay (Net Worth – $2.1)
Born Deborah Oluwaseyi Joshua professionally known as Seyi Shay is a singer, songwriter, and actress. Born on 21 December 1985 in Tottenham, London, l as Kingdom.
In 2005, Seyi Shay wrote and produced songs that were used as the soundtrack for Konami’s video game Crime Life: Gang Wars.
After Seyi Shay returned to Nigeria, she released two promotional singles “Loving Your Way” and “No Le Le” which shot her to fame.
Her debut album, Seyi or Shay was released in November 2015.
Seyi Shay is one of the richest female musicians in Nigeria with deals with Barcado Breezer, Etisalat, and current deals with Pepsi.
With an estimated net worth of $2.1 million, Seyi Shay is regarded as one of the richest female musicians in Nigeria.
4. Chidinma (Net Worth – $2.8)
Chidinma Ekile, simply known as Chidinma was born in Ketu, Kosofe in Lagos State on 2 May 1991. She is from Imo state, the Eastern part of Nigeria.
The singer and songwriter rose to prominence after she emerged winner of MTN Project Fame season 3.
Her hit singles “Jankoliko” and “Kedike” which were released in 2011 boost her music career.
She is currently a brand ambassador for the telecommunication company, MTN. Chidinma net worth is an estimated $2.8 million.
3. Omawumi (Net Worth – $3 million)
Omawumi Megbele known by her stage name as Omawumi was born in Warri, Delta State ok 13 April 1982. She is a singer, songwriter, and actress.
Omawumi gained fame in 2007 after West African Idols reality TV show where she emerged runner-up.
Her second studio album “The Lasso of Truth” which was released on 10 April 2013 was a huge commercial success in Nigeria.
Omawumi made her acting debut in the award-winning film, Inale in 2010.
The energetic singer is a brand ambassador for Konga.com, Malta Guinness, and Globacom.
Omawumi is one of the richest female musicians in Nigeria with an estimated net worth of $3 million.
2. Yemi Alade (Net Worth – $4.2 million)
When you are talking about the richest female musicians in Nigeria, Yemi Alade can’t be excluded from the list. She is the Mama Africa.
Yemi Eberechi Alade, popularly known as Yemi Alade, was born on 13 March 1989. She is a super Afro-pop singer, songwriter, actress, and activist.
Yemi Alade has been a force to reckon in the Nigerian music industry since her emergence in 2009 after winning the Peak Talent Show.
Effyzie Music Group signed her and she released the hit single “Johnny” in 2014 which gave her a big up in the industry.
Yemi Alade Net Worth is an estimated $4.2 million. She is a brand ambassador to Bland2Glam, Barcadi Breezer, and other popular brands.
1. Tiwa Savage (Net Worth – $5 million)
Topping the list of the richest female musicians in Nigeria is one and only Tiwa Savage.
Real name Tiwatope Savage, was born in Isale Eko, Lagos State on 5 February 1980. A staunch singer, songwriter with great acting skills.
Tiwa Savage’s family relocated with her to London when she was just 11. She attended her education in London.
Tiwa Savage is the face of Nigerian music. She is the richest female musician in Nigeria with an estimated net worth of $5 million.
You can read Tiwa Savage Net Worth and biography here.