Looks like we are about to witness another major break-up in the Nigerian music industry after the famous D’banj/Don Jazzy break up, with reports of Wizkid parting ways with E.M.E.

The story all around the music industry suggests that Wizkid has parted ways with E.M.E record label controlled by Banky W.

An insight on this was Wizkid’s absence at the Lagos Countdown Concert on New Year Eve, even though Banky W claimed Starboy was sick, as other sources reported contradicting stories of Wizkid partying in the United Kingdom.

Wizkid, who parted ways with his long time manager and friend Osagie Osarenkhoe, in September 2012, is said to be dissatisfied with his contract agreement and sharing quota within the label.

Another obvious indication of the possible music break-up is that his Twitter Bio now reads, Management @DisturbingLDN @Godwin Tom with no mention whatsoever of E.M.E Records.

Both parties have not put out a direct word regarding this matter, as Banky W squashed the break-up reports earlier this week in a recent interview, saying “Wizkid is still very much part of the E.M.E family“.

He also added that Wizzy has an international management and recording contract with British rapper, Tinie Tempah’s Disturbing London outfit and Akon’s Konvict Records respectively.

There have been reports stating that Konvict music is offering Wizkid a more lucrative offer than what E.M.E is offering, which explains why the singer decided not to drop an album again this year and opted for the mixtape instead.

The singer posted some tweets (view below) which have added more fuel to this fire of rumors.

If this report of their break up is true, then this goes a long way to explain what our music industry in Nigeria is turning into, where loyalty is continually questioned.

Don’t take Loyalty for stupidity..don’t!

— Wizkid Ayo Balogun (@wizkidayo)

Moving on to start all over again!…Bleep it!..

— Wizkid Ayo Balogun (@wizkidayo)

Another findings reveal the reason for the split had to do with how revenues from Wizkid is being handled by the record label. Banky W allegedly owns a significant % of Wizkid’s revenue and he wanted that off his contract, Banky W didn’t agree. Banky W is an executive at EME. Sources also claims Wizkid payed a significant amount to have his contract terminated from EME.

We’ll provide more information as they come through. An official statement from EME is expected before the end of the day to confirm if speculations are true or not.

Source: http://www./profiles/blogs/banky-caused-wizkid-s-eme-exit

Wizkid is a big guy... Never any one take loyalty for stupidity!!!

Please come up with a reliable source as your blog is hardly a source

wizkid welcome to adulthood.... The major problem of African is not knowing the difference between a small kid, growing up adult, full grown Adult, How on earth could BankyW still thinks d kind of agreement he had wit wizkid will still be the same now that he is more matured and hav mixed up well... They will always want to milk u and suck u dry, Boy move on with yourlife and lets see who suffers...

Bleep all the so called God fathers,

You say, ILLUMI.. wetin? Na you know o...