Nigerian rapper and singer, Olamide Adedeji, popularly addressed as Olamide, has revealed why he established a record label and signed on artists on his record label.
According to the YBNL boss, he started a record label so he can spend his money which is “becoming too much” on young artistes’ careers.
The highly talented and multimillionaire singer, who is also addressed as Badoo, made this disclosure during an interview with Apple Music’s Ebro Darden.
“I just started stacking up money and the money was becoming too much for me. I’m like, yo, I don’t have anything to do with all this money, mehn, I need to sign new guys. Let me spend money on people, you know.
“It is just like my own little way of giving back to the community,” Olamide said
Theroyaltimews.com recalls that Olamide’s YBNL Nation is home to two of the hottest new generational afrobeats artists in the country- Fireboy DML and Asake.
The likes of Adekunle Gold, Lil Kesh, Chinko Ekun, Young Jonn, and Pheelz were formerly signed to the record label.
