Business Magnate, Femi Otedola has floated a Multi-Million Naira Music Company for his Disc Jockey daughter, Florence Otedola, 21, a.k.a Dj Cuppy, an insider has said. The company which is said to be registered as Red Velvet Music Group World and run by the Ms. Otedola who just graduated King’s College London, UK. The record label which is said to be valued at about N20 million was launched during DJ Cuppy’s 21st birthday and graduation celebration, held at the Mandarin Oriental in Hyde Park, London. Her debut album was also launched at the event. DJ Cuppy who graduated with a degree in Business Management is the official resident DJ for the MTV Africa Music Awards 2014 as well as Nigeria’s Tourism Ambassador.
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