Music has always played an important role in shaping people’s beliefs, attitudes and way of life. In recent years, contemporary Nigerian popular music, particularly hip-hop, has become a dominant influence among young people. Beyond entertainment, many songs communicate ideas about success, wealth, relationships and social status, making musicians important role models for many youths. This study examined the relationship between contemporary popular music and the moral values of undergraduates at Lagos State University, Ojo. Specifically, it investigated students’ understanding of hip-hop lyrics, examined whether such lyrics encourage the desire for quick wealth, explored their influence on students’ moral values, and identified measures that universities can adopt to strengthen moral development among students. The study adopted a descriptive survey design. Data were collected from seventy-two undergraduate students through a structured questionnaire and analyzed using frequency counts, percentages, mean scores and standard deviation. The findings showed that most respondents understood the messages contained in contemporary Nigerian hip-hop songs and believed that some of these songs encourage the pursuit of wealth without emphasizing hard work or education. Many respondents also agreed that some lyrics and music videos promote extravagant lifestyles, substance abuse and other behaviours that do not reflect acceptable societal values. At the same time, respondents expressed strong support for programmes that promote good character, responsible living and value-based education within the university community. The study concludes that contemporary popular music is a powerful means of communication that can influence the attitudes and behaviour of young people, either positively or negatively. It recommends greater collaboration among universities, parents, government agencies, student organisations and stakeholders in the music industry to promote positive values and encourage responsible content that supports the moral development of Nigerian youths.