Nigeria, March 15 -- Spotify, a leading digital music, podcast, and video streaming service that grants users access to millions of songs and other content from creators worldwide, has released data on the royalties earned by Nigerian singers on the platform in 2024.

The streaming platform highlighted this figure in its 2024 Loud & Clear announcement event, which took place Thursday in Lagos.

According to Spotify, Nigerian artistes earned over N58 billion in 2024-more than double the amount recorded in 2023 and five times higher than in 2022.

They also revealed that the number of artistes generating at least N10 million in royalties from Spotify doubled compared to 2023 and tripled the figures from 2022.

Spotify also revealed that fir...