Asake’s Manager Olamide shockingly reveals why he started signing Artistes: ‘My Money Was Getting Too Much’

In a candid interview with Apple Music’s Ebro Darden, Nigerian rap sensation Olamide Adedeji, popularly known as Olamide, shared his motivation behind establishing a record label. The YBNL boss revealed that his decision to create a platform for emerging talent stemmed from a surprising dilemma: having too much money.

Olamide’s meteoric rise to fame in the Nigerian music industry has been nothing short of remarkable. With a string of chart-topping hits and a massive fan base, he found himself accumulating wealth faster than he anticipated. It was a welcome predicament, but one that left him pondering how best to utilize his newfound financial success.

“I just started stacking up money, and the money was becoming too much for me,” Olamide admitted in his interview. “I’m like, yo, I don’t have anything to do with all this money, man. 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.”

This declaration reveals Olamide’s deep-rooted commitment to nurturing the next generation of musical talents in Nigeria. Rather than hoarding his wealth or succumbing to the trappings of luxury, he chose to reinvest it in the creative minds that abound in his community. This decision is emblematic of his desire to contribute to the growth and vibrancy of the Nigerian music scene.

Under the banner of YBNL Nation, Olamide has fostered the careers of several breakout artists. Notably, Fireboy DML and Asake, two of the hottest names in the contemporary Afrobeats scene, call YBNL home. The label has served as a launching pad for these talents, propelling them into the global spotlight.

However, Olamide’s generosity extends beyond his current roster. YBNL Nation has previously been home to artists like Adekunle Gold, Lil Kesh, Chinko Ekun, Young Jonn, and Pheelz, all of whom have left their mark on the Nigerian music landscape. Olamide’s willingness to invest in emerging talents has contributed to the diversity and dynamism of the industry.

In a world where success can sometimes lead to isolation or complacency, Olamide’s decision to establish and support YBNL Nation stands as a testament to his commitment to both music and community. He continues to prove that, for him, the journey to the top is not just about personal achievement but about lifting others up along the way.

As Olamide’s wealth grows, so too does his determination to invest it where it matters most—in the dreams and aspirations of young artists who, with his guidance, have the potential to make an indelible mark on the world of music.