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Singer, Davido who is best known for spending lavishly has showed off a new diamond encrusted necklace, reportedly worth 150 million Naira, from Ice Box.

It is no longer news that OBO doesn’t hold back when it comes to spending on diamond jewelries. However, it appears he has outdone himself this time with his latest diamond necklace.

Wondering how much it costs? Famous US celebrity Jeweler, Ice Box said it cost N150 million Naira which is approximately, $410, 000  dollars.

There are rumors that the acquisition might be a ploy by Davido to put himself in the news for the purpose of boosting his album sales.

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