An entertainment lawyer, Oluyemisi Falaye, has disclosed that Afrobeat star, Asake, whose real name is Ahmed Ololade, did not renew his contract with Olamide Baddo’s record label, Yahoo Boy No Laptop (YBNL), because the first contract with the label did not turn out well for him.
Speaking during a recent interview, Falaye disclosed that the singer, who had been struggling for so many years, had felt immense excitement when he was approached by Olamide, but failed to review the contract.
During a recent interview, Falaye revealed that the singer, who had struggled for many years, felt so much excitement when approached by Olamide, turning down the decison to review his contract with an experience legal practitioner.
“He was just very happy to be part of the label, nothing else mattered to him at the time,” she stated.
She added that, the decision did not turn out well for him, leading to his exit after only two years with the YBNL boss.
“Asake signed a contract with Olamide’s YBNL without reviewing it with a lawyer and it did not turn out well for him and that’s why he didn’t renew his contract when it expired’, she concluded.
Recall, the singer had in February 2025 unvieled Giran Republic as his new record label.
The Nigerian recording artiste had confirmed the new development with a newly released single, ‘Why love’ as he spoke about his relationship and the continuation of his music project.
The new single came after Asake released the single, ‘Military’ where he gave a shoutout to Olamide Baddo, dispelling rumours that he is engaged in a feud with his now-former label boss.
Upon signing with YBNL in 2022, Asake quickly gained mainstream popularity in 2022 with his groundbreaking debut studio album, ‘Mr Money With The Vibes’. He attained a further meteoric rise with the release of the subsequent albums, ‘Work of Art’ (2023) and ‘Lungu Boy’ (2024), the singer-songwriter also received a Grammy nomination.