Popular Nigerian rapper Olamide has revealed that he began his file label, YBNL Records to reinvest within the enterprise that was giving him cash and forestall frivolous spending.
The rapper who has signed artistes within the likes of Lil Kesh, Fireboy DML, Adekunle Gold, Viktoh, Davolee and a number of other others, made this revelation throughout an interview with Nandi Madida of Apple Music’s Africa Now Radio.
He mentioned,
“The world was in love with my stuff, (and) I was grateful for that. But, I additionally felt it was time to verify I reinvested in that very same factor that was making individuals love and recognize me. It was once nearly ardour, however I figured it was excessive time I stepped up, reinvested and made it a correct enterprise.
“I set up my own record label and started signing artistes because I did not want all that money to just go wasting on ‘ballin’ (having fun). All that money had to go back into the business. That was how the whole thing started.”
The Lagos Boys hitmaker additional buttressed on his upcoming ‘Unruly’ tour.
“I assume the final time I was on stage was final 12 months at Mr Money’s (Asake) live performance in London, United Kingdom. But, this December, I will likely be having my live performance in Nigeria. Also, I will likely be happening tour subsequent summer time to the United States of America and Europe. I am going to be again on the street.
“My fans have been asking me to ‘come outside’. And now, I am ready. I have been on the ground, trying to put in work and get my stuff together, because the new wave is so crazy right now, and one has to figure out a way to be in tune with the times, which is not easy. So, I have been working on that for so long. That’s why it took me so long.”
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