Facts have begun to emerge regarding the real story behind Wizkid and Banky's fallout. The reason is not unconnected with the rising sensational singer being made a cash cow for the EME label.
An Insider opened up that Wizzy (his nickname) is at war with Banky W and EME because he wants a contract review which Banky W has refused to grant him.
The source pointed out that since Ayodeji Balogun known as Wizkid signed with EME, he has been getting just 25% from whatever he gets paid to perform at an event with Banky W's Empire Mate Entertainment.
EME is owned by Banky W and Segun Demuren who get 50%; and Osagie, Wizzy's ex-manager who introduced him to Banky after big record labels like Mo-Hits and Storm records rejected him, also got 25% from his hard earned money.