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Reekado Banks: Biography, Net Worth In Us Dollars & Career Highlights (2025)

Reekado Banks: Biography, Net Worth In Us Dollars & Career Highlights (2025)

Nigeria’s music industry is packed with talented stars, but few have made a name as quickly and consistently as Reekado Banks. Known for his smooth vocals and catchy Afropop hits, Reekado has grown from a young aspiring singer into a respected figure in the African music scene.

In this article, we take a deep dive into Reekado Banks’ biography, his 2025 net worth in US dollars, notable career achievements, discography, and everything else fans want to know.

Quick Profile of Reekado Banks

Real Name

Ayoleyi Hanniel Solomon

Stage Name

Reekado Banks

Date of Birth

December 6, 1993

Age (as of 2025)

31 years old

State of Origin

Ondo State, Nigeria

Record Label

Banks Music (Founder & CEO)

Estimated Net Worth

$2 Million (USD, as of 2025)

Genres

Afropop, R&B, Afrobeat

Instagram Handle

@reekadobanks

Twitter Handle

@ReekadoBanks

 

Early Life & Family Background

Reekado Banks was born on December 6, 1993, in Lagos State, Nigeria, into a family that was deeply rooted in both education and religion. His father was a pastor, while his mother was a dedicated caterer. He is the last child of the family and credits much of his musical foundation to the influence of his elder brother, Temi Solomon, who was also his first music producer and mentor.

Raised in a Christian home, Reekado was introduced early to music and instruments through church activities, which helped shape his passion for singing and songwriting.

 

Education

Reekado completed his secondary school education at the age of 14. Despite his early start in music, he remained committed to academics. In 2014, he graduated from the University of Lagos with a degree in History and Strategic Studies, proving that it’s possible to balance academics with a rising music career.

 

Music Career Journey

Breakthrough with Mavin Records

Reekado Banks caught his big break in 2014 when he signed with Mavin Records, one of Africa's biggest music labels founded by Don Jazzy. His debut single under the label, “Turn It Up” featuring Tiwa Savage, introduced him to a nationwide audience.

That same year, Reekado was part of Mavin’s legendary group project that delivered the massive hit “Dorobucci,”featuring Don Jazzy, Tiwa Savage, Korede Bello, D’Prince, and Di’Ja.

2015 Headies Next Rated Award

Reekado Banks rose to greater heights in 2015 when he won the prestigious Next Rated Award at The Headies, beating popular nominees like Lil Kesh and Kiss Daniel. This award solidified his place as a rising force in the Nigerian music industry.

Debut Album: Spotlight (2016)

In 2016, Reekado released his debut studio album titled "Spotlight" under Mavin Records. The album included hits like:

  • "Oluwa Ni"
  • "Problem"
  • "Standard"
  • "Ladies and Gentlemen"

It debuted at number 10 on the Billboard World Albums Chart, making it one of the most successful albums by a Nigerian artist at the time.

Transition to Banks Music

After four successful years with Mavin Records, Reekado Banks left the label in December 2018 to launch his own independent label called Banks Music. This move allowed him full creative control over his music and brand.

Since going independent, he has continued to release singles and projects that showcase his unique style and matured sound.

 

🎶 Major Hit Songs & Discography

Reekado Banks has built a solid discography that spans across albums, EPs, and hit singles. Below are some of his most notable releases:

Studio Album

  • Spotlight (2016)

Extended Plays (EPs)

  • Off The Record Vol. 1 (2020)
  • Off The Record Vol. 2 (2021)

Top Singles

  • “Turn It Up” ft. Tiwa Savage (2014)
  • “Katapot” (2015)
  • “Oluwa Ni” (2016)
  • “Ladies and Gentlemen” (2016)
  • “Like” ft. Tiwa Savage & Fiokee (2018)
  • “Rora” (2019)
  • “Need More” ft. Kida Kudz & EO (2020)
  • “Ozumba Mbadiwe” (2021) – One of his biggest solo hits post-Mavin
  • “Jeun To Da” (2022)
  • “Feel Different” ft. Adekunle Gold & Maleek Berry (2023)

 

Reekado Banks’ Net Worth in 2025 (USD)

As of 2025, Reekado Banks’ estimated net worth is around $2 million USD.

How He Makes His Money:

  • Music sales and streaming royalties
  • Live concerts and show bookings across Africa and Europe
  • Endorsement deals with fashion and beverage brands
  • Revenue from Banks Music label
  • Digital monetization (YouTube, Spotify, Boomplay)

Though he’s not among the top 5 richest musicians in Nigeria, Reekado is financially stable and continues to grow his brand internationally.

 

Career Highlights & Achievements

Year

Milestone/Highlight

2014

Signed to Mavin Records

2014

Featured in “Dorobucci” – viral Mavin hit

2015

Won Headies Next Rated Award

2016

Released debut album “Spotlight” (Billboard Top 10)

2018

Left Mavin Records to launch Banks Music

2021

Released “Ozumba Mbadiwe” – one of his biggest solo hits

2023

Collaborated with Adekunle Gold & Maleek Berry on “Feel Different”

 

Frequently Asked Questions (FAQs)

1. What is Reekado Banks’ real name?

His real name is Ayoleyi Hanniel Solomon.

2. What is Reekado Banks’ net worth in 2025?

His net worth is estimated at $2 million USD, based on music earnings, endorsements, and business ventures.

3. Is Reekado Banks still signed to Mavin Records?

No. He left Mavin Records in December 2018 and now runs his own label, Banks Music.

4. What is Reekado Banks' most popular song?

One of his most streamed and loved songs is “Ozumba Mbadiwe” (2021).

5. Is Reekado Banks married?

As of 2025, Reekado Banks is not married, and he has kept his romantic life mostly private.

 

Final Thoughts: Reekado Banks' Legacy & What to Expect in the Future

From humble beginnings to dominating the airwaves, Reekado Banks has carved out a respected place in Nigeria’s Afropop scene. His consistency, lyrical prowess, and versatility have made him a favorite for fans across Nigeria, Africa, and the diaspora.

Now operating as an independent artist under his own label, Banks Music, Reekado continues to evolve, collaborate, and experiment with new sounds.

What’s next for Reekado in 2025 and beyond?

  • A new studio album is rumored to be in the works.
  • More international collaborations are expected.
  • Potential brand expansion into fashion or tech (per industry sources).

If there’s one thing we know, it’s this: Reekado Banks is far from done.

Are you a fan of Reekado Banks? Which of his songs do you vibe with the most? Let us know in the comments below or share this article with a fellow music lover.

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