Rap superstar MI Abaga has announced the grand business merger of his Loopy Music record label and Audu Maikori’s Chocolate City.
The grand announcement was made at the 2015 Nigerian Entertainment Conference on April 22, 2015 at the Eko Hotel & Suites, Victoria Island, Lagos.
The move brings together MI, Jesse Jagz, Ruby Gyang, Loose Kaynon, Ice Prince, Nosa, DJ Caise, Dice Ailes, Victoria Kimani and DJ Lambo under one business umbrella.
MI also took the opportunity at the Nigerian Entertainment Conference to announce a compilation album featuring all the artistes under the newly merged label which will be exclusively available on the STAR Music app soon.
In other news – Audu Maikori, who is the CEO of Chocolate City Group has stepped down after 10 years of heading the label. This is what you hear from people who are successful and they want their business to expand.
The announcement came as a shocker to a lot of guests and participants who were at the conference.
On June 25th, a new CEO will be announced and made public but who will take the place of Audu Maikori?
We will give you more updates as soon as it unfolds.