Top 10 Richest Female Musicians in Nigeria (2023)

The Nigerian music industry is blessed with a lot of talents. Even with the male musicians making rounds around the world, the female singers aren’t left behind as they are all making us proud globally and we have some wealthy artists, making the list of the richest female musicians in Nigeria.

With the likes of Teni Makanaki, Yemi Alade, Simi, Tiwa Savage, Seyi Shay, and more, we can say that the female Nigerian singers’ aren’t doing a bad job as they keep giving us hits back to back.

Top 10 Richest Female Musicians in Nigeria

1. Tiwa Savage – Net worth $4.85million

No doubt that Tiwa Savage is the wealthiest female musician in Nigeria. The “Kele Kele Love” crooner has been in the game for a while now, and she knows her way around the industry.

Multi-award-winning Tiwatope Savage was born on the 5th of February 1980, and she started her music career as a vocal singer for George Michael and Mary J. Blige at the age of sixteen.

She is the richest female musician in Nigeria. She even increased her net worth recently after signing a multi-million dollar deal with Jay-z music record label.

Tiwa Savage’s net worth is estimated at $4.85 million.


2. Yemi Alade – Net worth $4.2million

Yemi Eberechi Alade, known by her fans on a stage name Yemi Alade was born on the 13th of March 1989 in Abia State, Nigeria.

She started her music career in 2005 but became famous after winning the Peak Talent Show in 2009.

One of the songs that got her to the top chart was “Johnny,” which has received over 20 million views on YouTube.

Yemi Alade sits in the second position on our list with an estimated net worth of $4.2 million.


3. Omawumi – Net worth $3million

Omawumi Megbele, who is simply and popularly known as Omawumi, is a Nigerian singer and actress born on the 13th of April 1982 in Delta State, Nigeria.

Her music carer started way back in 2007 after releasing her first song titled “In the music.” Since then, she has grown to become one of the best in the Nigerian music industry, as he has featured several prominent Nigerian musicians.

Omawumi sits in the third position on our list with an estimated net worth of $3million.


4. Chidinma – Net worth $2.8million

Chidinma Ekile popularly known as Chidinma or Miss Kedike is a Nigerian vocalist born on the two and May 1991 in Kosofe Local Government Area, Lagos.

She became popular after winning the “MTN Project Fame West Africa” in 2010.

Recently she announced that she is quitting secular music as she is now fully into gospel music. We all have been anticipating her gospel songs since she made this announcement.

Chidinma Ekile’s sits on the fourth position on our list with an estimated net worth of $2.8 million. 


5. Seyi Shay – Net worth $2.1 million

Deborah Oluwaseyi Joshua, aka Seyi Shay, was born on the 21st of December 1985 in London.

She is a Nigerian-based singer and songwriter who has produced some hit tracks for prominent brands like Konami’s video Game Crime Life which she did in 2005.

Seyi Shay moved back to Nigeria in 2011 in other to launch her great hit “Loving your way” as well as “No Le Le.” Seyi Shay sits in the fifth position on our list with an estimated net worth of $2.1 million.

6. ASA – Net worth $2million

Bukola Elemide, popularly known as ASA, is a Nigerian-french vocalist.

She rose to fame after releasing her back-to-back hits songs with the likes of “Eye Adaba,” Jailer, to mention a  few.

She has plenty of great hit songs and is described to have signed an endorsement offer worth numerous Naira with GTBank after recording the main tune for them.

ASA sits in the fifth position with a total net worth of $2million in 2021. 

7. Waje – Net Worth $1.7 million

Aituaje Iruobe aka Waje was born on the 1 st of September 1980 in Akure.

Waje, one of the richest female musicians in Nigeria, has been in the game for a while now as she featured P-square in one of their hit track, “Bizzy Body,” in 2007.

She occupies the number 7 position on our list of the richest female artists in Nigeria, with a total net worth of $1.7 million.

8. Madrina – Net Worth $1.5 million

Madrina, who is well known as Cynthiana Morgan, is one of the richest female musicians in Nigeria.

Cynthia Ikponmwenosa Morgan was born on the 23rd of September 1991.

She changed her stage name to Madrina after she launched her record label called “The Cynthia Morgan Company” TCMC.

Cynthia Morgan Net Worth is estimated at $1.5 Million.


9. Nneka – Net Worth $1.3 million

Nneka Egbuna, popularly known as Nneka, was born on the 24th of December, 1980, in Warri, Delta state.

She is a Nigerian singer, songwriter, and actress who wrote most of her songs in English, Igbo, and Nigerian Pidgin.

You might be wondering who she is and how she came to the list since she is not a popular fave in the Nigerian music industry. However, even though she is not popular, she is a well know artist overseas.

Nneka Egnuna is based in Germany, and since she is making us proud there, she deserves to be included in the list. 

Nneka Egnuna’s net worth is $1.3 million.


10. Simi – Net Worth $700,000

Simi, whose real name is Simisola Bolatito Ogunleye, was born on the 19th of April, 1988, in Lagos. She began her musical career as a gospel singer in Surulere.

Simi came into the limelight after she released “Tiff” and “Jamb Question,” which earned her some nominations in the Best Alternative Song at Headies 2015.

Simi, who is married to her fellow singer, Adekunle Gold, was previously signed to X3M record Label, where she had released most of her recent albums before she later created her label she called “Studio Brat.”

Simi’s net worth is estimated to be $700,000.