**Nigerian Artists Earn ₦2 Per Stream on Spotify in 2025** A recent report from global music streaming platform Spotify reveals that Nigerian artists earned approximately ₦2 per stream in 2025. The figures are based on Spotify's annual Loud & Clear report, which provides insights into the music industry's growth and trends. According to the report, Nigerian artists generated over ₦60 billion ($43.92 million) in royalties from the platform in 2025, resulting from a total of 30.3 billion streams. When we divide the revenue by the total streams, the estimated payout per stream is just under ₦2. The disparity in earnings between Nigerian and Western artists is significant, with one million streams in Nigeria valued at $300, compared to $10,000 in Sweden. This discrepancy is largely due to Spotify's territorial payout model, which adjusts earnings based on regional subscription fees and economic conditions. In Nigeria, Spotify's premium plan costs about ₦1,600 ($1.17) per month, while in Sweden, where the company is headquartered, monthly subscriptions cost about $13.78. While this model makes streaming affordable for listeners, it reduces per-stream revenue for artists in lower-income regions. Interestingly, Spotify pays royalties based on an artist's share of overall streams across the platform, not on a fixed per-stream rate. This means that if an artist accounts for 1% of all streams in a particular country, their selected rightsholder(s) receive 1% of the recording royalties. In 2025, Spotify paid out $11 billion globally, with Nigerian artists earning ₦60 billion ($43.92 million), representing 0.39% of the total. While the growth of streaming and the expanding global audience are good for the music industry, the payouts to Nigerian artists remain a concern. The report highlights the need for artists in lower-income markets to receive fair compensation for their work. As the music industry continues to evolve, it's essential to address the disparities in payouts and ensure that artists receive a fair share of the revenue generated by their music.