Saying she apppears "in a nude pictorial" still doesn't mean she herself will be nude but more than likely she will:

Confirmed: Azealia Banks In April 2015 Issue of Playboy
By Joe Donatelli
Photography by Ellen Von Unwerth
February 11, 2015

Azealia Banks will appear on the cover of Playboy and in a nude pictorial in the April 2015 issue of the magazine. The badass rapper from Harlem poses, according to editors, in a “frisky pictorial that’s sure to break the Internet.” In addition to the photo spread, Rob Tannebaum talks to Banks in a no-holds-barred interview.

So, that should be fun.

Here’s a teaser pic from the shoot by photographer Ellen Von Unwerth.

http://i.imgur.com/4ciP4J5.jpg

Banks released her latest album Broke With Expensive Taste without any warning digitally in November. It debuted at No. 1 on the U.S. iTunes Hip Hop Charts. Broke With Expensive Taste will be available in stores nationwide on March 3.

She’s going on tour to support it.

NORTH AMERICAN TOUR DATES

04/10 - Coachella Festival – Indio, CA
04/16 - Club Nokia – Los Angeles, CA - TICKETS
04/17 - Coachella Festival – Indio, CA

Some of the world’s most famous women have appeared in Playboy, including Marilyn Monroe, Cindy Crawford, Naomi Campbell, Elle Macpherson, Farrah Fawcett, Raquel Welch, Bo Derek, Drew Barrymore, Iman, Daryl Hannah, Kim Kardashian, Sharon Stone, Grace Jones, Denise Richards, Brooke Burke, Rosanna Arquette, Jaime Pressly, Carmen Electra, Lizzy Jagger, Lisa Rinna and Pamela Anderson.

Azealia Banks, 23, will now join their ranks.

The April 2015 issue of Playboy drops on March 20.

NSFW article link:

http://www.playboy.com/articles/azealia-banks-playboy