Is Davido Planning To Close Down DMW Label?

To celebrate the 2 year anniversary of his DMW (Davido Music Worldwide) record label, Davido made a post on his Instagram page but the post is doing more than just inviting his fans to join him in celebrating.
In his post, the singer shared a picture of the label’s logo and tagged those involved in the label including the artistes, the producer and non-artistes signed to the label. Mayorkun, Dremo, Yonda, Ichaba, Peruzzi, Fresh VDM, his manager, Asa Asika, were all among those tagged in the post.
However, his caption has caused controversy because it suggests that he has a 10-year life span planned for the label. He celebrated the first two summers of the label and expressed his excitement about the label’s next 8 summers. His captioned read,

“DMW IS 2 TODAY!!!! 2 SUMMERS Down !! 8 more summers left!! We goin for 10 summers!!!! HOTTEST LABEL IN AFRICA ???? @IamMayorKun @Dremodrizzy@DJECOOL @Peruzzi_VIBES @yondamusic@Fresh_vdm @IchabaLAVISH @AsaAsika@sirbanko @efe_one @missamadi@blacktycoone @samphrank @lt_ddon@Prince_II @DammyTwitch@88everything”

Now the questions on everyone’s lips are;
Is Davido planning to close down DMW 8 years from today?
Did Mayorkun and Dremo sign 10-year contracts with DMW?
See his post below.