- Reekado Banks revealed he left Mavin Records prematurely in 2018, not due to disagreements, and later realized the move was bold as he began managing his music independently under Banks Music.
Nigerian singer Reekado Banks has revealed that he left Mavin Records prematurely. In a recent interview, he explained that his exit in 2018 wasn’t due to a disagreement, but because his contract had ended two years earlier.
Banks admitted he realized leaving early was a bold move after starting to manage his music independently under his own label, Banks Music
“It [my exit from Mavin Records] wasn’t a conflict situation. I was pretty young and pretty fixated on what I wanted to do -I wanted to leave. Anyways, my contract has ended two years prior. I signed a three-year contract and I allowed it to ride for another two years. So, I was there for five years without reviewing the contract.
“So, when it was time, I thought I wanted to do this [leave] now. I thought I could do it now. I just embarked on the journey, as many people would view it, prematurely. As soon as I jumped into the sea as well, I realised how premature it was,” he said.
In other news…… Oyo State Governor, Seyi Makinde, has shown support for veteran musician Yinka Ayefele following a fire that engulfed his Music House in Ibadan.
In a generous gesture, Governor Makinde presented Ayefele with a brand-new SUV, acknowledging the musician’s contribution to the Nigerian music industry and offering encouragement after the devastating incident.
The fire, which occurred earlier this week, caused significant damage to Ayefele’s studio and property. The governor’s gift has been widely praised on social media as a timely act of solidarity and compassion.
Receiving the SUV, Ayefele expressed gratitude to Governor Makinde, describing the gesture as a morale booster and a sign of hope amidst the unfortunate fire incident.
Meanwhile GISTLOVER earlier reported that Gospel artist Yinka Ayefele has been struck by misfortune as his radio stations were recently damaged by a fire.
Yinka Ayefele shared the news on his Facebook page, posting a video of the blaze accompanied by crying emojis.
In a subsequent statement, he provided details about the incident, which affected Fresh FM 105.9 and Blast FM 98.3 on Friday, August 15, 2025.
The fire caused extensive damage to nearby offices, including the newsroom, transmitter, server room, and various pieces of equipment, all while the stations were in operation.
Initial attempts to contain the fire using in-house extinguishers were unsuccessful until professional firefighters arrived.
Ayefele and his management team expressed appreciation to the kind-hearted Nigerians who stepped in to help combat the fire.
The statement reads
“We are sad to inform the general public that the the head office of Fresh FMNigeria, challenge ibadan was razed by a devastating fire incident this evening, August 15, 2025.
In the ensuing mishap, the studios of fresh 105.9 and blast 98.3 were badly burnt with proximal offices like the newsroom, the transmitter/server room and several equipment that got razed during active operations
All efforts to fight the fire before the arrival of the professional fire fighters with our in-house fire extinguishers proved abortive because of the strength of the inferno.
We can’t immediately quantify the extent of the damage caused by the devastating inferno, the cause of which is also yet to be ascertained presently. We heartily appreciate every good-spirited Nigerians who joined us in fighting the inferno.” Part of the statement reads
