Olamide and Asake have reportedly parted ways after the YBNL Music boss reportedly allowed the Sungba singer to officially terminate his contract with the record label.
Asake was allowed to leave with the masters to all his songs recorded under the label as part of the termination agreement.
It was also reported that both parties will, however, maintain a royalty split on the songs for as long as the contract was intended to run, which is a minimum of 10 years