The new development also rests speculation that he may be heading the Africa arm of American record label, Def Jam (owned by the Universal Music group) as Vice- President.
D'Banj, it would be recalled was recently involved in a messy separation with his former partner and producer Don Jazzy. Both artistes jointly owned the now rested Mo'hit records.
As countdown to the unveiling ceremony of the new record company begins, WG has it on a good authority that the record company's first signed on act, wave-making Davido will be launched in an elaborate and lavish party proposed for high profile Eko Hotels on Lagos Island.
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