The Real “Baba Olowo”: Davido Made Over 300 Million Naira With His London Concert

Posted on January 28 2019 , at 11:10 am
Read more
Story highlights
  • Every last one of the 20,000 seats was bought by fans who had come to see their superstar.

Ambition is a quality Davido has in generous quantities. Since his arrival on the Nigerian scene, he has made known his determination to go farther than most onlookers predicted that he would go.

His most recent feat by selling out the iconic O2 Arena- a twenty thousand capacity which only a handful of entertainers have filled- is another feather in his already worthy cap.

A section of fans had initially expressed apprehension when it appeared that the massive hall was scanty, contrary to Davido’s boast that tickets were sold out before the date.

However, by the time he came out on stage, the entire area was filled to its brim with a sea of smartphones it up lighting up. Like Davido himself said before the show, it didn’t matter who had a successful show first, he did it.

A cursory calculation of his earnings on that night will make eyes water. The pop star easily cleared well over 300 million naira. As the stats are clear, no one can dispute this, contrary to his Lagos concert in 2017 where he claimed to have made 500,000 million naira in one night. For one, Eko Convention Centre could not have taken more than 10,000 people, even as it was bursting to the seams and fans complained repeatedly of overcrowding in the hall. Secondly, that show was sponsored by a number of corporate organizations who gave out dozens of seats to their friends and associates.

At Davido Live At The O2, tickets were priced at £36.75  (17,272) each; with 12 premium rows sold at £56.75 (26,672).

At the end of the night, he, his manager and show promoters would have cleared whopping £735,000 (N345 million).

For someone who has revealed his intention to retire by the time he’s 30, he looks to be already set, even without his father’s oft-stated billions.

Ⓒ Copyright NET News Ltd. All Rights Reserved. Please use sharing tools. Do not cut, copy or lift any content from this website without our consent.

More related posts