'My money was becoming too much' - Olamide gives reason for signing artists

Legendary Nigerian rapper and singer, Olamide Adedeji, popularly known as Olamide, has disclosed why he established a record label, the YBNL Nation.

According to him, he started the label so he can spend his money which is “becoming too much” on young artistes’ careers.

Olamide made this known in an interview with Apple Music’s Ebro Darden.

He stated: “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.”

His record label is home to two of the hottest new generational afrobeats artists in the country; Fireboy DML and Asake.

Adekunle Gold, Lil Kesh, Chinko Ekun, Young Jonn, and Pheelz were also formerly signed to the record label.