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The Chief Executive Officer of Universal Music Group, Lucian Grainge, has confirmed striking a multi-faceted deal with Drake.
According to Grainge, the deal includes recordings, publishing, merchandise, and visual media projects.
In the last decade, Drake was the No. 1 streaming artist, a position that he attained in 2016 and never fell to No. 2.
Universal, which is home to Drake and Taylor Swift, has been referenced in several verses by Drake.
Investors gained N262.8bn at the end of trading on the floor of the Nigerian Exchange Limited. The market capitalization of the equities rose by 0.98 per cent to N27.023tn on Wednesday from N26.760tn on Friday. Also the All-Share Index also rose to 50,126.41 basis points from 49,638.94 basis points.
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