This event is archived. Final snapshot from when the story concluded. View on Dashboard
Business earnings report

Nigerian Artists Earn N60bn on Spotify

Analysis based on 9 articles · First reported Mar 16, 2026 · Last updated Mar 17, 2026

Sentiment
70
Attention
4
Articles
9
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard

The report from Spotify highlights the significant growth of the Nigerian music market, indicating increased economic opportunities for artists and potentially attracting further investment into Nigeria's entertainment sector. This positive trend could also reflect favorably on Spotify's performance in emerging markets.

Music Technology Entertainment

Spotify's 'Loud & Clear' annual report for 2025 revealed that Nigerian artists generated over N60 billion in revenue from music streaming on the platform. This represents a significant increase of more than 140% over the past two years, driven by both local and global demand for Nigerian music. The report also noted that Nigerian artists accounted for over 80% of tracks on Spotify Nigeria's Daily Top 50 and were featured in nearly 320 million user playlists worldwide. Independent artists and labels contributed approximately 58% of all royalties, and local streams of Nigerian female artists grew by 55% year-on-year. Jocelyne Muhutu-Remy, Managing Director for Africa at Spotify, emphasized the industry's strong creativity and global influence, reinforcing Spotify's role in fostering sustainable careers for Nigerian creators.

per
Jocelyne Muhutu-Remy, Managing Director for Africa at Spotify, commented on the strong creativity and global influence of the Nigerian music industry, underscoring Spotify's commitment to the region.
Importance 40.0 Sentiment 60.0
stock
Importance 0.0 Sentiment 0.0
curr
Importance 0.0 Sentiment 0.0
cnt
Importance 0.0 Sentiment 0.0
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.