Davido has announced the signing of a new artiste, Yonda, to his Davido Music World (DMW) record label. The singer made the disclosure on Saturday, January 2017 via an Instagram post with the caption,"Welcome @yonda_music to DMW !!!!! 2017 BAD BOY BOUTTA BURN IT UP!!! Big up @abbricks (Lazyboy management) .. YONDA ITS YOUR TIME !!." Davido with new signing, Yonda and others. (Instagram) His latest signing will be joining the talented pack ofLola Rae, DremoandMayorkun, who have proved to be a good investment for the Sony BMG artiste. Expressing his excitement over the opportunity, Yonda also offered some comments on his Instagram profile.

He wrote,"JUST SIGNED THAT DMW DEAL!! ITS GO TIME!! 2017!!" Davido and Mayorkun in 'Prayer' video (Instagram) Apart from managing a star packed label like DMW, Davido also co-ownsHKN Musicalongside his sibling,Adewale Adeleke. The record company current has the likes ofSina Rambo, B-Red, DeekayandDanagogunder its imprint.