The artiste took to Instagram to share the news.
He wrote: LOLA RAE WELCOME TO DMW!!!! 1ST LADY !!!!
Lola Rae is the latest addition to the DMW crew consisting; Dremo, Mayorkun, Ichaba and more recently, Dammy Krane was also signed under the imprint, DMW.
Davido, who also signed a deal with Sony Music earlier this year, floated his new imprint, DMW, to cater for his personal business away from HKN Music, a label he also co-own with his cousins, B-red and Sina Rambo.