Nigeria’s Second Economy And How FDI Built A Creative Powerhouse

Nigeria’s Second Economy And How FDI Built A Creative Powerhouse

When Spotify launched in Nigeria in February 2021, it did more than add another app to Nigerian smartphones. It plugged the country’s most exportable cultural product, Afrobeats, directly into a global distribution system. Nigerian artists earned over ₦60 billion in royalties on the platform in 2025 from 30.3 billion streams, and the number of Nigerian... The post Nigeria’s Second Economy And How FDI Built A Creative Powerhouse appeared first on New Telegraph .

When Spotify launched in Nigeria in February 2021, it did more than add another app to Nigerian smartphones. It plugged the country’s most exportable cultural product, Afrobeats, directly into a global distribution system. Nigerian artists earned over ₦60 billion in royalties on the platform in 2025 from 30.3 billion streams, and the number of Nigerian... The post Nigeria’s Second Economy And How FDI Built A Creative Powerhouse appeared first on New Telegraph .

This article was originally published by New Telegraph.

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