By AYOOLA OLAOLUWA
Nigeria’s music industry has become the country’s new gold mine with recording artists, their promoters and the nation’s economy reaping big from the windfall that daily flows in from streaming apps.
According to data from accounting firm, PwC, the Nigerian music industry, which is one of the fastest-growing creative industries in the world, is currently estimated at $19 billion in valuation and generates over $2 billion (N1.5trillion) in revenue per year.
PwC further added that Afrobeats, which is the rave of the…
