Zlatan Ibile cites financial caution with new artists

Zlabtan Ibile investment approach: Nigerian rapper prioritises financial stability, supports new artists via collaborations rather than funding

Popular Nigerian rapper Omoniyi Temidayo Raphael, widely known as Zlatan Ibile, has revealed a strictly business-oriented reason for his reluctance to invest capital in emerging musical talents.

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Speaking on the Adesope Live show, the “Zanku” crooner said that, for him, the music industry is primarily about securing financial stability. As a result, he views investments in untested artists as a significant risk.

“I will rather go buy a house rather than put money on these artistes that I’m not sure will be successful or not,” Zlatan stated, emphasising the uncertainty involved in such ventures.

He explained that his motivation for making music centres on ensuring long-term financial security and managing professional pressure.

“The reason I am making music is for financial stability. My goal is to be able to be responsible and financially stable. In the beginning of my career, I wasn’t balanced. I suffered from pressure and anxieties,” he shared.

While he ruled out large financial backing for new artists, Zlatan stressed that he remains committed to supporting young talents through collaboration.

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He said he is willing to feature on their tracks and help guide their growth, citing the vital mentorship he received from established artists during his rise to fame.