Nigerian singer Davido has caused a stir on the internet with his latest acquisition, a multi-million dollar diamond ring featuring the famous ‘001’ symbol.

The award-winning artist, known for hits like “Unavailable,” showcased his new “Ice stoned” ring on his Instagram story. He was displaying his outfit during a recent performance at ‘A Night with the Generals‘.

The ring, adorned with Nigeria’s flag colors of green, white, and green on one side, showcases an inscription of Davido’s fourth studio album, ‘Timeless,’ as well as his mantra, ‘We rise by lifting others.’

According to the jeweler, Christopher Will & Co, the ring contains a total of 4CT Emerald green stones & 9CT VVS Natural Diamonds in 14KT solid Two Tone.

This new purchase follows Davido’s flaunting of diamonds worth N47M ($32,000) embedded in his teeth.

The singer continues to make waves with his fashion and style, setting trends and making headlines in the process.