Details of the new deal has not been made public yet, but it was gathered that the deal is worth a mouth watering sum of $1million.
It was also gathered that the HKN boss signed the deal in the presence of his manager, Kamal Ajiboye and elder brother, Adewale Adeleke in New York.
Davido announced the agreement signed in New York on his Instagram account and Twitter on Thursday.
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1ST AFRICAN ARTIST TO SIGN A GLOBAL RECORD DEAL !! MY STORY IS JUST STARTING!! MY MOTHER IS SMILING IN HEAVEN RIGHT NOW!! @SonyMusicGlobal
— Davido (@iam_Davido) January 21, 2016
However, the Global music giant, has kept mute about the much-publicized global record deal with the Nigerian recording artist.
Some notable Nigerian celebrities who took to their Twitter handle to congratulate him on his new deal include MI Abaga, Ice Prince, Adekunle Gold, Patoranking, and newly elected Governor of Abia State, Alex Otti.
Big shout out to @iam_Davido .. Huge step for African music and our journey to the top!
— Young Denzel (@MI_Abaga) January 21, 2016
@iam_Davido Tha Pralemm!! Congratulations Young King! Steady Inspire