Davido narrates how ‘money finish’, spending first N20 million endorsement deal

Davido

Davido narrates how ‘money finish’, spending first N20 million endorsement deal

Nigerian Afrobeats superstar Davido has decided to share the story of how he lavishly spent his first endorsement deal proceeds as a teenager.

In an Instagram post, the multi-award-winning singer posted a photo of himself holding the official documents from the deal, which he disclosed was worth N20 million.

Then, Davido was only 17 years old and had just two songs to his name.

In his account, Davido said he paid his manager his rightful percentage, purchased a Chevrolet Camaro, and then splurged on a lavish celebration with his cousin and fellow artist, B-Red.

According to the singer, the duo rented out an entire floor at the prestigious Eko Hotel in Lagos for a week-long party, which quickly drained the funds.

“1st endorsement deal. MY FIRST 20M NAIRA. I PAY ASA HIM PERCENTAGE. FROM THERE I GO BUY CAMARO. FROM CAMARO NAH EKO HOTEL. ME AND @BREDHKN ONE WHOLE FLOOR ONE WEEK. MONEY FINISH,” he wrote in the caption.