Nigerian artist Burna Boy, whose real name is Damini Ebunoluwa Ogulu, has reportedly acquired a new Ferrari 812 GTS, spending a substantial $700,000 on the luxury vehicle.

A photo of the high-value car was shared on social media by @Big7Record, accompanied by the caption "OGG new Ferrari."

The nickname "Odogwu," frequently associated with Burna Boy, was disclosed by an unidentified aide of the singer during the welcome reception for American artist Roddy Rich, a rapper, in Lagos, Nigeria.

Roddy Rich, who has been seen alongside Burna Boy at various events, was brought to Lagos by the Nigerian singer.

There are hints that Roddy Rich may consider purchasing a residence in Lagos, reflecting his fondness for the city.