Apr 4, 2025
Spotify’s royalty payments to artists from Nigeria and South Africa soared to approximately $59 million last year, reflecting a growing global interest in African music. According to a report by Reuters, the Swedish audio streaming giant disbursed around $10 billion in royalties worldwide in 2024, with Africa contributing a small yet rapidly expanding portion.
Data from the IndexBox platform highlights that Nigerian artists received over 58 billion Nigerian naira ($38 million) in royalties,…