NewStats: 3,262,407 , 8,177,071 topics. Date: Monday, 02 June 2025 at 08:08 AM 2n33u

Being a celebrity in the Nigerian entertainment industry is no easy feat. It comes with the expectation of wealth and a lavish lifestyle. In an unfavourable economic climate like Nigeria’s, celebrities, faced with taxes and losses from piracy, usually need to diversify sources of income to keep up with the life of glamour.

Here are some Nigerian celebrities who are beating the system and continue to stay well afloat with profitable side hustles.

1. Iyabo Ojo
She is not only a prolific actress and producer in Nollywood, but the mother of two also owns one of the most popular Amala (yam flour) spots in the highbrow area of Lekki, Lagos.

The restaurant and lounge, which was opened in September 2017, continues to enjoy patronage, even with the frustration faced by the actress a year after opening due to the taxes and bills threatening to close down the business.
Iyabo Ojo also owns a well-patronised spa and skincare shop in the same location.

2. Ayo Makun
Popularly known as AY, the comedian though makes a lot of money from his comedy show and movies also owns a non-smoking luxurious club. Launched in April 2014, the club is situated at the heart of Lekki. It occupies a penthouse floor at a mall in Lekki Phase 1.

3. Mercy Aigbe

The light-skinned beauty is a household name in the Nigerian movie industry. However, her success is not limited to the screens, as she also owns a thriving boutique with two branches in Lagos and Ibadan, as well as a fabrics store.

Her fabrics store is an online business catering for owanbe uniforms like Ankara, lace and others.


4. Genevieve Nnaji
The producer of the Netflix movie, Lion Heart, has, in no small way, made her mark in Nollywood. Her long-standing and profitable career in the movie industry is not her only source of income.

The actress owns a clothing line, St. Genevieve, which acts as another stream of income for the never-ageing beauty.
While the female clothing line had hiccups during its conception, it took a firmer stand in 2014 as she secured a partnership with the popular online retailer, Jumia.

5. Aremu Afolayan
One of the Afolayan siblings in the Nollywood film industry, Aremu makes waves alongside siblings ― Kunle, Moji, and Gabriel.

However, the actor who has always expressed his ion for business owns an automobile business situated in the heart of Magodo, Lagos. The business provides a wide range of exotic cars or different brands.

6. Yemi Alade
Also known as Mama Africa, Yemi Alade stands as one of the most awarded songstresses in the country, with both national and international recognitions. The Yoruba-Igbo girl, as she calls herself, also has her hands in the jewellery business.

In partnership with online jewellery retailer, Band2glam, she unveiled her range of exotic African culture-inspired jewellery pieces in November 2015.

https://punchng.com/six-nigerian-celebrities-with-thriving-side-hustles/

Did you know??

Coffee has been found to reverse liver damage caused by alcohol.

Odewaleadesoye:


https://punchng.com/six-nigerian-celebrities-with-thriving-side-hustles/

Woow

K

Four females two males.



The FUTURE is FEMALE

them plenty this

I love side hustle time for extra funds....

Side hustle indeed

You forgot to include Ambode for Mercy Aigbe and Alfa Duke for Iyabo Ojo

We dun hear

i need a job abeg

Damnnn niggarrrr
Isoright.....

Sure it is thier side huzzle that is fetching them money because they are all Bunch of untalented moda fuckkers up there in bros op list.....
.especially that Ay
Ay ain't got no talent.....

The commenters above ... Which network unah dey use ??

HIyam not honda standin hay gain!

G

I'm a celebrity too and I sell fabrics too. we move....

Peter Okoye aka Mr P should make the list. He has a betting company and a wine producing company among others.

The average Nigerian girl finishes secondary school, writes jamb for two years and fails.

In her 3rd try she opts for any easy course and then blocks her way through school and graduates with 2.2.

With the money she gets from the many boyfriends and yahoo boys she's bleeps through school, she buys an expensive phone, designers cloths and bags. Then she creates an instagram and starts posting pictures.

Rich dudes and sugar daddys message her and she bills them. Then she uses some of the money she receives as capital to start a business. Then she starts posting about being self made and hard-working.

Rubbish.

We posted the below just a month ago.
We are happy to see these aforementioned celebrities doing well for themselves.
And we hope to see many of them do more.
All celebrities should save well enough for the latter days.

******************** *********************
We hope our celebrities in our darling country can learn from these celebrities below.....


Beyonce
The former Destiny Child’s star turned worldwide pop icon knows how to play her cards when it comes to investing — which makes sense, considering she’s worth an estimated $400 million.
One of her strategies?
Using her name to diversify her investments, like the time she told Uber she wanted equity in the company rather than cash as compensation for performing at their 2015 corporate event in Vegas.
Once the company went public last year, her stock was valued at roughly $9 million. Now that’s how to invest in startups.

Jay-Z
Queen Bey is just one-half of the equation when it comes to the financial success of the Knowles-Carter family. Jay-Z has also made some pretty impressive investments over the years, all of which have led him to an estimated net worth of $1 billion.
So how did Shawn Carter get to become “hip-hop’s first billionaire?”
With a lot of mixed ventures, hard work, and smart investments.
Since launching his champagne business, Armand de Brignac, back in 2007, the company has steadily grown to be valued at more than $300 million.
He also launched a music streaming service called TIDAL back in 2014, which is now worth $100 million.
But by far Carter’s most impressive investment has to be the Uber stock he purchased for $2 million that’s now worth, get this — an estimated $70M.
Investing apps make it easy to get into stocks when they allow you to buy fractional shares.
This means you can buy stocks with a very small amount of money. Check out our comparison of Stash vs. Robinhood to learn more about two of the most popular apps for buying stocks.

Justin Bieber
Justin Bieber isn’t only racking in the cash from his wildly successful music career, fragrance, and clothing brands. He’s also been a successful investor for years now, working with a business manager to make key investments in companies like Spotify, Liquid I.V., and Stamped.
All of those timely decisions seemed to have paid off, as the 26-year-old is reportedly worth $285 million

Will Smith
As if the “Bad Boys for Life” and “Aladdin” actor hadn’t given us enough reasons to ire him, here’s one more. Will Smith didn’t just spend his career making his own savvy investments, he also went as far as to launch his own venture capital fund, Dreamers VC.
This LA-based fund primarily invests in companies solving social problems, like notable med-tech companies Genome Medical and Nurx.
By selectively choosing his investments and calling the shots by running his own fund, Smith has grown his net worth to $350 million.

Arnold Schwarzenegger
The renowned Austrian-American actor and former governor of California has a resume longer than most.
In addition to his many prominent early-stage investments in startups like Scopely Inc. and Alphabet (aka Google), Schwarzenegger has also been known for his smarts when it comes to how to invest in real estate. By having his hands in many enterprises at once, the once-broke actor has amassed a fortune of $450 million.

Naija celebrities, are you reading?!
Hit us up for investments ideas, we have worked with some of you (mainly the females) and we are still open for more.

INVESTMENT is Bae mehn!


We Rise!

Great its not easy in this country.

The list is incomplete.

What of the female celebrities yeyebrities that have opened a multi-million dollar firm in-between their legs__ Always buying exotic cars and buying well-furnished houses in the highbrow areas in Lagos.


Please @OP kindly update the list biko!

Ok that's good

Pls add CEO of Jennifer's Diary on that list.

Make una dey deceive una self

Please,

someone should invite me to Pi network

Wow! So at least we are beginning to know the source of some of their extravagant lifestyles. Buying of new cars every year. Thanks OP for the updates.

Mumu post

U think is everyone that luv to announce..Abi are u all the celebrites financial adviser?
There are some that own major investment u refused to mention.

Ok.