Top Ranking Nigerian singer, David Adeleke known professionally as Davido has taken to social media to lament over a multimillion naira loss.

Taking to his Instagram stories, the singer revealed how he would have been $450k (N185m) richer if he had not made a business decision without giving it much thought.

According to Davido, he sold his diamond wristwatch last year at the rate of $120k (N50m). Whereas the current price of the watch, according to him, is over N185million ($450k).

He stated that he would not attempt to buy any diamond watch for the moment and would stick to plain wristwatches.

The DMW boss wrote; ”Plain Jane only for now!! One of my watches I sold last year just went up $450k it was worth 120 when I had it… no more Diamond watches for now.”