Nigerian music star Asake has fueled speculation about his relationship with his record label, YBNL, owned by popular music Artist Olamide, after making significant changes to his social media profile.
The updates have led fans and industry insiders to question whether the artist is parting ways with the label after his contract expired.
Sources indicate that Asake’s contract with YBNL recently came to an end, and despite efforts by label boss Olamide to renew it, the artist allegedly declined to sign a new deal.
Reports suggest that Olamide proposed a fresh agreement, but Asake opted for independence, ultimately walking away from YBNL about two weeks ago.
Asake’s recent actions on social media have further fueled the rumors.
The artist unfollowed everyone on social media and removed any mention of YBNL from his Instagram bio, signaling what many perceive as a definitive break from the label.
A check of his Instagram page on Thursday, December 26, 2025, confirmed the absence of any reference to YBNL.
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The speculation was further heightened by Asake’s conspicuous absence from the Flytime Festival 2024 on Tuesday, where Olamide headlined the event.
The festival turned into a nostalgic YBNL reunion, with performances from former label signees including Chinko Ekun, Young John, and Viktoh.
The night also featured electrifying appearances by Tiwa Savage and Phyno, adding to the star-studded lineup.
Asake’s absence from the event stood out, with many wondering about his status with YBNL. His decision not to attend the festival has left fans questioning if this marks the end of his time with the label.
Despite the growing speculation, neither Asake nor YBNL has issued an official statement, leaving fans and the music industry to speculate on the nature of his departure. Some believe this could signal an impending exit, while others suspect it may be part of a larger publicity stunt.
The situation has also sparked speculation about Olamide’s next move, as reports suggest he is beginning to scout for new talent. Fans are eagerly awaiting clarification on Asake’s next steps, with his journey as an independent artist poised to attract significant attention in the coming months.
