My money was becoming too much – Olamide on why he started signing artists

<p>Nigerian rapper and singer, Olamide Adedeji, simply known as Olamide, has revealed why he established a record label.</p>, <p>The YBNL boss said he started a record label so he can spend his money which is “becoming too much” on young artistes’ careers.</p>, <p>He disclosed this in an interview with Apple Music’s Ebro Darden.</p>, <p>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.</p>, <p>“It is just like my own little way of giving back to the community.”</p>, <p>Olamide’s YBNL Nation is home to two of the hottest new generational afrobeats artists in the country; Fireboy DML and Asake.</p>, <p>Adekunle Gold, Lil Kesh, Chinko Ekun, Young Jonn, and Pheelz were formerly signed to the record label.</p>