Davido and manager Asa Asika part ways

•  
• 
•  
• When the going was good: Asa Asika and Davido at The NET headquarters, February 2012
• What can be described as the perfect combination of music artiste and manager has finally been broken apart – pop star David ‘Davido’ Adeleke and his popular manager Asa Asika have parted ways.
• NET investigations reveal that the pair severed ties on December 28 – a day after Davido performed at D’banj’s Koko Concert.
•  
• The former partners are yet to release any official statement but we hear ‘a lot of water have passed under the bridge’ and reconciliation might not happen.
•  
• Sources in Davido’s camp told our reporter today, that dropping Asa was ‘an executive decision’; saying many stakeholders believe someone ‘more matured’ should handle Davido who’s a top five act, and one of Nigeria’s fastest-growing pop stars.
•  
• Asa who turned 22 in August 2012, met up with Davido, 20, in 2010.
•  
• Since his 2010 debut, Davido’s career has recorded amazing success. But he has also been plagued with controversy. ‘HKN feel he should have stronger management’, a rep from the label told NET.
• But other sources claiming to know ‘the true story behind the break up’ say it’s more than what HKN is letting out. Multiple sources tell us  financial disagreements have come up more than once and that could be one of the major reasons Asa was shown the way out.
•  
• A few hours ago, a blogger Adesoji Adesumo wrote about the breakup, giving entirely different reasons. He alleges that Davido and Asa finally parted ways after the latter couldn’t come up with a N2m balance from a show. Adejumo says Davido assaulted Asa leaving him with bruises and cuts. This could not be immediately confirmed from both Davido’s team and Asa whose phone is currently switched off.
•  
• Asa Asika played a key role in building Davido’s career; and before Davido released his first single, he was already positioned in the entertainment industry. Thanks to tutelage from big uncle Obi Asika and cousin Naeto C, Asa was equipped to work with an unknown Davido who returned from the US back in 2010, until they recorded remarkable success.
•  
• We learn that Davido and his label HKN are now looking for a new manager and the likely candidate to fill that position might be Shank’s manager ‘Yemi Energy’. Insiders say no decisions have been made though.
• Asa Asika could not be reached as his mobile phone was switched off and he was yet to reply our E-mails as at the time of this report.
•  
• 
•  Sina Rambo, Asa Asika, Davido and B.Red at NET head office, February 2011