DB Records boss, Dapo Oyebanjo known as D’banj, has made yet another surprise career move by switching from one telecommunications company to another.
A highly placed source says that the deal happened a few weeks ago and Dbanj is very happy about it.
‘D’banj is a content evangelist. Ideally he should have been with MTN in the first place. Glo really doesn’t do much with music content so I assume D’banj has been counting his losses seeing he would have earned huge cheques from MTN’s several VAS products’, the telecoms insider said.
This will be the second time Dbanj will fail to renew a deal with Globacom.
D’banj and Globacom fell out in 2010 when the pop singer reportedly entered the company’s bad books and all efforts at reconciliation failed.
Despite multiple interventions, the company refused to extend his N70M two-year contract, settling instead for pop Twins Psquare for a four year deal worth over N240m.
But in 2013, a chance meeting with Glo’s billionaire owner Mike Adenuga led to a new endorsement deal, one of the costliest signings of 2013.
That arrangement has now expired and insiders say a renewal is not on the cards.
There has been no official announcement from MTN, D’banj or Globacom.