This of course means the 'Amin' crooner has parted ways with his former label - 2Baba's Hypertek Digital. He also recently affiliated with  an imprint Usual Suspekt.

The singer will be joining singer Mayorkun and rapper Dremo on the DMW label.

The confirmation of the deal was sourced from Davido's Snapchat records.

The singer who dropped his album "Enterkraner" in 2014 has worked with Davido on a couple of songs including 'Izzue' and 'Ladies'.

According to sources, Dammy Krane's Usual Suspekt and Davido's DMW will be putting pen to paper on September 23, 2016, with Tunji Adeleke, Davido's cousin being appointed CEO of the DMW label.

Pulse Music will update you as new developments unfold.