17th March, 2022
Nigerian music star, Davido once again got the internet buzzing after he announced he will give out N20 million.
The singer, in an announcement made via his verified Twitter account on Wednesday, said the money will be distributed on Friday, which is tomorrow.
The money will be shared among 20 people.
To be eligible, all you need to do is to post your business idea in Davido’s comment section on Twitter.
See the announcement from Davido below:
“Country￼ hard right now sha … let’s give 20 m to 20 people on Friday … send in your business ideas or start-up ideas … more details shortly #Wrbl,” Davido wrote.
Davido’s announcement came just 11 days after his sold-out concert at the 02 Arena in London.
According to reports, the singer made over N1.352bn in gross earnings from his concert.
Davido’s ticket was sold under three different price categories of £41.25, £144.41, and £178.4.
Based on these prices, the average price that a ticket was sold was £121.36.
Using the official exchange rate of the Central Bank of Nigeria, it, therefore, means that a ticket was sold for an average of N67,616.2.
The 02 Arena in London has a sitting capacity of 20,000 and with a ticket sold for an average price of N67,616.2, the total amount that would be earned by Davido for the concert is N1.32bn.
Davido also made money from those who watched the concert online.