The Upward Trajectory of the Music Industry in Nigeria (Featuring M.I Abaga)

It is hard to doubt the rise of Afrobeats in 2022 as well as the individuals who have led to the success of the genre over the past couple of years. According to a report from consultants at PWC forecasts that the fast-growing entertainment industry will earn $14.8bn in 2025, up from its current revenue of $7.7 bn. On this special episode, M.I Abaga joins us to give us a more in depth understanding into the Nigerian music industry and how it can be a potential source of investment for foreign investors. M.I also discuss what the future of the music industry will look like for Nigeria in the coming years. This special episode of the business exchange was hosted by Paul Olele, Freelance Journalist and co-founder of 703 W.F LLC and OluwaToyin Adegbite Moore, Founder & Chief Executive Officer, Sheafam & Tam Limited.