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‘Musicians Are More Likely To Get Money From Yahoo Boys, Than Banks’, M.I Abaga Rapper Says.

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In his words: “there’s no bank in the history of Nigeria that has given one Naira to any label. There’s one corporate entity that has given any label. It’s young guys.’

In his appearance on Pulse’s LooseTalk Podcast, Nigerian rapper, M.I Abaga spoke about issues affecting the Nigerian music industry the direction of his music.
The interview which runs for over two hours, touched on many aspects of the music business. At some point during the conversation, financing in the Nigerian music business and surprisingly, the rapper had good words to say about internet fraudsters, who he claims have been filling the gap by financing artistes, in the absence of corporate sponsors and brands.
In his words: “there’s no bank in the history of Nigeria that has given one Naira to any label. There’s one corporate entity that has given any label. It’s young guys.’
“In fact, you’re more likely to get money from a Yahoo boy. Shout-out to Yahoo boys. May God prosper your business.” He further said.
M.I is echoing a general industry opinion that says that financing is hard. And yes it is difficult to secure corporate financing for creating music. But he doesn’t get it right when he says no bank has ever invested in a record label.


According to sources who spoke with Pulse, in 2008, music industry entrepreneur, Tony Nwakalor secured a loan from Skye Bank, with which he created the defunct record label, Yes Records. According to sources who pled anonymity, the loan was up to N500 million.
“The company was well-funded, and they ran for a while and had a couple of radio records. They helped launched Sexy Steel’s career too,” a source said.
With that funding, Tony Nwakalor created Yes Records, and signed a list of artists including I.D Cabasa, Jahbless, Sexy Steel and G-Xploits.
Pulse has reached out to Tony Nwakalor and Skye Bank for details.

source: Pulse

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‘Stop Dealing With Every Feedback’, Sarkodie Advises On How To Handle Internet Trolls

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'Stop Dealing With Every Feedback', Sarkodie Advises On How To Handle Internet Trolls
Sarkodie

Sarkodie

Ghanaian rapper, Sarkodie, has advised on how to handle internet trolls. The award-winning rapper believes it is best to stop dealing with every feedback received from them.

According to him, there are different kinds of people on the internet because the internet does not filter people that sign up.

Therefore, he thinks it is best to get one’s message across at the targeted audience who would not misconstrue one’s points.

Read AlsoSarkodie Beats Falz To Emerge ‘Best International Flow’ At BET Hip Hop Awards

Taking to his official Twitter page, he writes:

“The internet doesn’t filter the people that sign up so you are guaranteed to have all types of species on here so always remember to get your message across to those targeted and stop dealing with every feedback”

See his tweet below:

Sarkodie’s post

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#EndSARS: ‘God Has Not Lost Control’ – Kate Henshaw

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#EndSARS: 'God Has Not Lost Control' - Kate Henshaw
Kate Henshaw

Kate Henshaw

Nigerian actress, Kate Henshaw, has offered hope to Nigerians who are finding it hard to move on from the Lekki Tollgate shooting. The movie star wants them to know that God has not lost control of things.

She also shared how she is numb and still in shock, especially as the events replay in her mind. She used the same medium to appreciate those who reached out to check on her.

She is also hopeful that Nigeria will be rid of evil, even as she continues to tweet the hashtag #EndSARS.

Read Also#EndSARS: ‘Our Only Weapon Is A Phone And The Truth’ – Kate Henshaw

Taking to Twitter, she writes:

“Nothing good about the morning. Numb and in shock still as the events of Tuesday #LekkiMassacre2020 replay in my mind. Thank you to all who reached out to check on me. One thing is sure, God has not lost control. Nigeria will be rid of evil! #EndSARS”

See her tweet below:

The actress’ post

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‘Nigeria Needs To Change Quickly’ – Actress Omotola Jalade Ekeinde

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'Nigeria Needs To Change Quickly' - Actress Omotola Jalade Ekeinde
Omotola Jalade-Ekeinde

Omotola Jalade-Ekeinde

Nollywood actress, Omotola Jalade Ekeinde, has called for an urgent change in Nigeria following the tragic incidents that claimed the lives of innocent youths such as Oke Obi-Enadhuze.

Taking to Twitter, the movie star says Nigeria cannot afford to lose more innocent lives. In her words:

“Nigeria needs to change quickly! We can’t continue to lose some of the best, we can’t continue to lose anyone because WE DO NOT VALUE HUMAN LIFE! I’m livid. There has to be More we can do. #Weneedbiggerstrategies #TakebackNigeria #EndBadGovernanceInNigeria”

Read AlsoOmotola Jalade Ekeinde And Her Family Join #EndSARS Protest

She further shared some words on the state of affairs in Africa, calling for healing in Africa.

See her tweets below:

The actress’ post

 

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