₦2 Per Stream: The Hidden Cost of Nigeria’s Spotify Boom
Despite generating over ₦60 billion ($43.92 million) in royalties from 30.3 billion streams in 2025, Nigerian artists earned just about ₦1.98 per stream on Spotify, according to its latest Loud & Clear report. The figure highlights a growing paradox: global reach is expanding rapidly, but per-stream earnings remain significantly lower than in Western markets. The