Why I started signing artistes – Olamide

Olamide Adedeji, a Nigerian rapper and singer better known as Olamide, has revealed why he founded a record label.

The YBNL boss stated that he started a record label in order to spend his “becoming too much” money on the careers of young artistes.

He revealed this in an interview with Ebro Darden of Apple Music.

He said, “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’s YBNL Nation 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 formerly signed to the record label.