Peter Okoye A.K.A Mr P of defunct PSqaure music group through EFCC told court that his elder brother Jude Okoye former manager of PSquare wife owns 800,000 shares in Northside Music.

Fresh updates are coming out of the ongoing trial involving Jude Chigozie Okoye, the elder brother and former manager of the well-known Nigerian music duo, Paul and Peter Okoye, better known as Psquare. This trial is taking place at the Lagos State High Court in Ikeja.

Peter Okoye

During the latest hearing, the first prosecution witness, Peter Obumuneme Okoye, took the stand before Justice Rahman Oshodi. He revealed that the defendant’s wife holds 800,000 shares in Northside Music Limited. This information was part of an official statement released by the Economic and Financial Crimes Commission (EFCC), which is handling the prosecution.

Peter Okoye

The EFCC stated that this testimony is crucial in establishing the ownership and shareholding structure of Northside Music Limited, a company at the heart of this legal battle. The prosecution is working to clarify how shares were distributed and managed while Jude Okoye was managing the Psquare brand.

The court learned that these shareholding details became significant during the investigation into the company’s financial dealings. Prosecutors are trying to uncover the level of control and benefits that individuals associated with the management of the firm have received.

Jude Okoye, who previously played a vital role in managing Psquare before the group’s public fallout and eventual split, has pleaded not guilty to the charges against him. This case has captured public interest, largely due to the high-profile nature of those involved and the ongoing business disputes surrounding the famous music duo.

Justice Oshodi has decided to push back the proceedings to a later date, allowing for more witness testimony and a deeper look into the documents presented by the prosecution.

The trial is set to pick up again with more witnesses from the EFCC, as the court digs deeper into the financial and corporate dealings of Northside Music Limited.

Meanwhile; Don Jazzy top list of 10 highest earning artistes from South eastern part of Nigeria, this is a 2025 current list of who is who in the music industry in Nigeria, updated today.

South East Nigeria, home to the Igbo-majority states of Abia, Anambra, Ebonyi, Enugu, and Imo, has given rise to some of the nation’s most impactful and commercially successful artists. These musicians often mix highlife, Afrobeats, hip-hop, and traditional sounds, making their living primarily through streaming royalties, international tours, endorsement deals with brands like MTN, Pepsi, and Glo, as well as record labels and real estate ventures.

According to estimates from 2025, drawn from sources like Forbes-inspired lists and industry reports, here’s a look at the top 10 artists by net worth. Keep in mind that exact figures can fluctuate due to private finances, but these numbers represent a general agreement from recent analyses.

Don Jazzy top list

1. Don Jazzy (Michael Collins Ajereh) – Abia State
Net worth: $90 million

As the mastermind behind Mavin Records, Don Jazzy is a major force in the music industry, producing chart-topping hits for artists like Rema and Ayra Starr, long list. His income comes from label royalties, endorsements with brands like Pepsodent and UBA, and smart investments in tech startups. His reach goes beyond borders, collaborating with global artists and solidifying his status as the top earner in the region.  Peter Okoye

2. Rudeboy (Paul Okoye) of defunct PSquare- Anambra State

Net worth: $15 million

One half of the iconic P-Square duo, Rudeboy has made a name for himself as a solo artist. His wealth is built on classic Afrobeats tracks like “Reason with Me,” sold-out concerts, and his own label, Fire Department. He’s also ventured into real estate in Lagos and Abuja, with his recent earnings getting a nice boost from viral remixes. Continue reading here

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