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Reekado Banks Biography, Net Worth, And Career Achievements
Reekado Banks, born Ayoleyi Hanniel Solomon on December 6, 1993, in Lagos, Nigeria, is a renowned Nigerian singer, songwriter, and performer. With his unique sound that blends Afrobeats, pop, and reggae influences, he has made an indelible mark on the Nigerian music industry. Reekado Banks rose to prominence through his affiliation with Mavin Records, one of Africa’s leading music labels, and has since become one of Nigeria’s celebrated musical talents.
Early Life and Education
Reekado Banks grew up in a family with a deep appreciation for music. His father was a pastor, while his mother was a caterer, and both parents had a love for gospel music, which had a profound influence on him. He has siblings, including a brother who is a music producer and played a key role in shaping his early music career.
Banks attended secondary school in Lagos and later pursued higher education at the University of Lagos, where he earned a degree in History and Strategic Studies. Despite his academic pursuits, his passion for music remained strong, and he continued to work on his craft throughout his time in school.
Music Career Breakthrough
Reekado Banks’ music career took off when he was signed to Mavin Records in 2014, following an impressive performance in a talent search organized by the label's founder, Don Jazzy. His debut under Mavin Records was a track titled "Turn It Up," featuring fellow Mavin star Tiwa Savage. This single garnered widespread attention and set the tone for his future success.
In 2015, Reekado Banks contributed to the hit song “Dorobucci,” a collaborative effort featuring all Mavin Records artists. The track became a national sensation and further established him as a rising star. Later that year, Banks released "Katapot," a romantic ballad that was well-received by fans and critics alike. The song showcased his smooth vocals and ability to craft emotive, relatable music.
His debut studio album, Spotlight, was released in 2016 and peaked at number 10 on the Billboard World Album chart. The album featured hits like “Standard” and “Oluwa Ni,” both of which received heavy airplay across Africa. Spotlight solidified Reekado Banks as a household name in the Nigerian music scene.
Life After Mavin Records
In 2018, after four successful years with Mavin Records, Reekado Banks parted ways with the label to focus on his own independent journey. He established his record label, Banks Music, and released several tracks under this new platform, continuing to build his brand and musical repertoire.
One of his notable releases after leaving Mavin was the hit single “Rora” in 2019. The song, which blends Afrobeat rhythms with contemporary pop, was a commercial success and further showcased Banks’ musical evolution. He also released an EP titled Off the Record in 2020, which featured tracks like “Need More” and “Happy Yourself,” demonstrating his ability to stay relevant in the ever-evolving Afrobeats genre.
Net Worth
Reekado Banks has amassed significant wealth from his music career, endorsements, and other ventures. As of 2024, his estimated net worth is around $2 million. His income streams include music royalties, live performances, digital streams, and brand endorsements. He has also partnered with several prominent brands, further increasing his earnings.
In addition to his financial success, Reekado Banks enjoys a lavish lifestyle, which includes luxury cars, real estate investments, and a strong social media presence that keeps him connected with his fans.
Career Achievements
Reekado Banks’ career is decorated with numerous accolades. He won the coveted Next Rated award at the 2015 Headies, a prestigious honor given to emerging Nigerian artists with exceptional potential. This win cemented his place as one of Nigeria's fastest-rising stars.
Over the years, Banks has performed on some of the biggest stages across Africa and internationally, including major music festivals and concerts. His music has garnered millions of streams on platforms like Spotify, Apple Music, and YouTube, making him one of the most-streamed Afrobeats artists.
Furthermore, his collaborations with top Nigerian and international artists have elevated his career. He has worked with the likes of Tiwa Savage, Wizkid, Mr Eazi, and others, demonstrating his versatility and appeal in the music industry.
Conclusion
Reekado Banks has come a long way from his humble beginnings to become a prominent figure in the Nigerian music industry. With a unique voice, undeniable talent, and a strong work ethic, he continues to evolve and push the boundaries of his artistry. His journey from Mavin Records to establishing his own label is a testament to his ambition and vision for his career. As he continues to release new music and expand his brand, Reekado Banks remains a key player in the Afrobeats movement, inspiring a new generation of artists and fans alike.
