In a recent interview, Wizkid, the renowned Nigerian artist, shared insights into his close relationship with fellow musician Burna Boy, describing it as familial. Their connection, he revealed, flourished during collaborative efforts on Burna Boy’s hit record “African Giant.”
“Wizkid and Burna Boy share a special bond akin to family,” says Wizkid, emphasizing the creative synergy that arises when two talented individuals collaborate. He expressed confidence in their ability to produce exceptional music together, citing their mutual respect and shared passion for their craft.
In the area of performance fees, Nigerian music artists have witnessed a surge in demand, particularly within the global Afrobeats scene. Leading the pack, Burna Boy commands a staggering $1 million or more per show, followed closely by Wizkid, who charges between $800,000 to $1 million. Davido and Olamide trail behind, each requesting around $500,000 for their appearances.
Adeshola Adefuwa-Cole, CEO of Cole Management Services, shed light on the intricacies of artists’ fee structures, noting the preference for dollar-denominated rates to align with global market standards. Beyond fixed performance fees, artists often stipulate additional requirements, including travel accommodations and per diem allowances for themselves and their entourage.
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Surprisingly, rising stars like Rema command higher fees, with Rema charging $200,000, surpassing industry veterans like Tiwa Savage, whose fee stands at $100,000. Meanwhile, emerging talents such as Tems and Ayra Starr demand $50,000 per performance.
Kizz Daniel and Asake are also notable mentions, with Kizz Daniel charging $200,000 and Asake requesting $100,000 for their appearances, reflecting the diverse spectrum of talent and earning potential within Nigeria’s music industry.
