The Nigerian music industry has grown a lot over the past free years and one of the defining factors for this is record labels.

There are lots of record labels in Nigeria but just a few have managed to stay in the minds of the public.

A successful record label is not just the artists or the streams but the overall management and grooming of great artists.
Here is the list of the top five record labels in Nigeria.

Mavin Records

When you think of mavin records, you think of Donjazzy. Mavin records were revamped from the famous now defunct Mo’hits record which had the likes of Dbanj, Wandecoal, The Dprince, Dr. Sid, etc.
After the disband of Mo’hits record, people felt Donjazzy couldn’t do it again and he proved them wrong.
Mavin turned out to be even more successful with the likes of Tiwa Savage, Reekado Banks, Wande coal, Rema, etc.
Mavin Records was founded by Michael Collins Ajireh, also known as Donjazzy who is also a producer and recording artist.
Davido Music Worldwide (DMW)
DMW is one of the fastest-growing record labels in Nigeria now, founded by Nigeria Pop singer, David Adeleke also known as Davido Davido Music Worldwide (DMW) was founded in 2016 after exiting his former record label HKN which he founded with his elder brother, Adewale Adekunle.
But the name was first branded into Davido’s song. ‘If’, the record by Davido released in 2017 which came through with a line that resonated with millions of people across the continent. “30 Billion for the account oh.”
DMW flourishes in less than two years of its existence, responsible for numerous hit songs released already. The record label has grown from 1 to more than 10 artists which Davido is the more frontline. Its also homes to Mayorkun, Dremo, Yonda, Peruzzi, DJ E-Cool, Saucekid, Shizzi, Idowest, Speroach Beatz, and most recently Ayanfe.

Star Boy Entertainment

Nigerian Pop singer Ayo Balogun popularly known as Wizkid established StarBoy Records after departing Banky W’s Empire Mates Entertainment (EME) in 2013. He released his second album Áyo’ via the label.
Wizkid is the major artist in this label and so far has made great music following his relatively new label. Some associated music acts in his label include Maleek Berry, Legendary Beatz, L.A.X.
Wizkid enlarged the label after signing Mr. Eazi, Efya, and R2Bees in 2016.
YBNL Nation
Yahoo Boy No Laptop (YBNL) was founded by Nigerian indigenous rapper Olamide Adedeji aka Olamide Badoo, after he came into the limelight 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 that produced popular artists like Lil Kesh, Adekunle Gold, Viktoh who have all gone solo.
Currently, it has DJ Enimoney, Pheelz, and Young John the Wicked Producer, Temmie, Ovwasa,  Limerick, and raving artiste, Fireboy DML.
Dr Dolor Entertainment
Most successful record labels in nigeria
Nigerian singer, Teni Apata became a household name courtesy of Dr Dolor Entertainment, which was founded by Osadolor Nate Asemota popularly known as Dr Dolor.
Dr Dolor has always shown a keen interest in music from his young age singing in the church choir. His love for music has seen him set up an international music company that has taken over the music scene in Nigeria and World at large.
As the lead act, Teni is one of the biggest Nigerian artists at the moment with three awards in 2018 (including the Headies Awards) and a 2019 BET awards nomination. She also bagged amazing endorsement deals with Pepsi Nigeria, Budweiser, Tom Tom and Tecno Mobile.
The record label is also the home to the new act, Hotkid.

Read Also: Davido- A Better Time (Album Review)

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