Top Record Labels in Nigeria And Owners(2021)
Many people are asking to know the top record label in Nigeria and the owners became of how influential Nigerian music has come to be.
Of course, music has become a huge money-making venture with record labels playing a critical role in housing, grooming, and propelling artists to stardom.
These label imprints are the domain of music artists, and just like a businessman owns an empire or conglomerate, a record label owner also owns similar conglomerates, but in form of music artists signed under his label.
Some of these labels are worth billions of Naira when the entire caliber of its constituent music acts is priced.
The dream of every upcoming artists, is to get signed to a record label to help boost their career to the next level. This is why record labels are in high demand.
Below are the latest record label in Nigeria in 2021
Davido Music Worldwide (DMW)
A record labels in Nigeria created by Davido who was a member of the HKN gang.
The label seemed more like a family business co-owned by the OBO himself and his brother Wale. Some artistes under the label was B-Red and Shina Rambo.
Later, he left the record to setup his own, hence the Davido Music Worldwide entertainment outfit and label.
Currently, he has Dremo, Mayorkun, May D, Peruzzi, and others signed onto his record label.
DMW stands as one of the biggest and hottest record labels in the country at the moment.
This record lable was born in 2013 after Wizkid left EME. The record labale StarBoy Entertainment is owned by Wizkid.
According to Wizkid, he setup his own record label to allow upcoming musicians a chance to get rich.
Talk about giving back to society. His record label is one with a glaring identity in the Nigerian Music scene.
Some of the associated music acts in his label include Maleek Berr, Legendary Beatz, L.A.X, Efya, R2Bees, and Mr. Eazi, Cezza Mili.
Mavin Records aka (Mavin Dynasty)
A record labels in Nigeria created by Michael Collins Ajereh popularly known as Don Jazzy in 2012.
Their separation was a trending gist in the entertainment scene, the duo of D’Banj and Don Jazzy co-founded “Mo’Hit Records”.
From the lable, hit songs like “Fall in love” by D’Banj, “Kiss your hands” by Wonde Coal and others, we released.
Post-2012, The Mavins Dynasty is the biggest and most influential record label in Nigeria and arguably West Africa.
Popular act like Rema, Ladipo, Ayra Starr, Magixxx, Ruger, are all under Marvin.
Record Labels in Nigeria 2019 YBNL is an acronym for Yahoo Boy No Laptop.
YBNL was created by Olamide and is officially located in Lagos State Nigeria.
After Olamide shot to dazzling limelights in 2011 from the stables of ID Cabasa’s Coded Tunes, he went solo in 2012 to establish his own label imprints YBNL.
Today, his imprint prides itself as one of the biggest in Nigeria even though the likes of Fireboy Dml, Davolee and hitting top limelight.
Big name producers in the record label include (Pheelz and Young John the Wicked Producer).
Chocolate City Music
Chocolate City Music is one of the top Record Labels in Nigeria Founded in 2005. It is a subsidiary of Chocolate City Group by Lawyer Audu Maikori alongside Paul Okeugo and Yahaya Maikori, the music empire is certainly a force to reckon with in the Nigerian Music Industry.
The label is unique with its crop of talents like Ckay, Vector, MI, Ice Prince, Jesse Jagz all in the frontier.
Other notable artists in the group include; Nosa, Femi Kuti, Pryse, DJ Caise and its sensational First Lady Victoria Kimani from Kenya.
Penthauze Music Net Worth
Penthauze Music is fronted by Popular musician, Chibuzor Azubuike, popularly called Phyno, and with over numerous awards, 4 studio albums and endorsement deals with Life Lager beer, Monster, and Tom Tom, Phyno has positively led PentHauze to glory.
In 2011, Penthauze had Runtown, Shugaboi and Flipside on its bill. It signed Storm Rex in 2014, the singer becoming the label’s sole female act.
Made Men Music Group
Also known as Triple MG, Made Men Music Group is one of the top Record Labels in Nigeria Founded by Iyanya and his manager Ubi Franklin in 2012.
With Iyanya, a star artist in the mix, the imprint can’t be more conspicuous.
The label has music prodigy of Tekno, singer and producer in Selebobo, Simi, Falz, Emma Nyra and others.
EME Records Empire Mates Entertainment was founded in 2002 by Nigerian popular R&B Singer, Banky-W in Albany, New York.
The label would later wake up to see itself in Lagos, Nigeria. After it’s founder relocated back home to show his country the stuff he is made up of, well, he did.
The story of EME would have the writer stoned for not mentioning the Star Boy “Wizkid”.
He was groomed from the street by Banky, his potentials harnessed to the climax.
EME is still standing tall today, with the boss himself, Banky W, Niyola, rising Shaydee, and DJ Xclusive in it.
Five Star Music
Five Star Music is one of the top Record Labels in Nigeria owned by two brothers. It show the wealth, fame, talents are all adjectives and descriptions that come along with the Label Imprint “Five Star Music”.
Having a billionaire CEO that lives by the dollar is quite tantalizing. The label is headed by Emeka Okonkwo popularly known as E-money, elder brother to the Limpopo crooner “KCEE”.
The record label rose in 2021 after KCEE’s breakthrough hit song.
The record has Kcee, Harrysong, and Skibii signed unto it until Harrysong left the group
The group now hold unto Kcee for his competitive edge raising the flag of his generous billionaire brother’s investment.
Capital Hill Records
Owned by renowned producer Clarence Peters, son of famous Nigerian music legend Shina Peters and veteran actress Clarion Chukwura.
This family certainly has a knack for knocking themselves out.
That’s by the way.
Capital Hill records have been around for a while and have earned itself a solid reputation amongst records labels in the country owing to the crackerjack producing skills of its CEO.
It once has Chidinma, Tha Suspect, and rapper Kel to call its inhabitants, but you know the affinity between artists, record labels, and rifts is still healthy, so about this time, rapper ill bliss is the sole big name in the group.
G-WorldWide Entertainment Founded by Festus Ehimare popularly known as Emperor Geezy in 2007.
The label existed in what seemed like an incubation period until 2013 when it signed top act Kiss Daniel who was up at his prime and if you ever heard of the hit singles “Woju” and “Laye” then you would see why the label is on the list.
Well, about now G-worldwide was in a long time legal battle with Kizz Daniel.
Dr. Dolor Entertainment Net Worth $32 million dollars
Dr. Dolo Entertainment is also one of the richest, biggest and the most successful music record label in Nigeria, of which Singer Teni Apata is one of the most outstanding members of the label.
Dr. Dolor Entertainment was founded by Osadolor Nate Asemota popularly known as Dr Dolor.