Trinidadian rapper, singer, and actress Nicki Minaj is set to launch her very own record label.

Minaj made the announcement on Friday (March 3), during her Queen Radio live show.

While the rapper kept the name of her upcoming label top secret, she revealed on Friday that American rappers Tate Kobang, Rico Danna, London Hill and Nana Fofie will be signed to the label, as well Jamaican dancehall sensation, Skeng.

The Barbie Tingz singer is set to release the name of her upcoming label on the Queen Radio live show.

During Friday’s show, Nicki noted that she was always encouraged to pursue her record label, however, she felt that she had not been, until now, ready for such a life-changing commitment.

“Everybody said to do it [do it] and I said no I’m not ready because unless I’m ready to really put these artists on, I’m not going to ruin anyone’s life. I’m not going to sign someone and shelf them, I can’t do that because I’m not cut from that core, I had the best sensei,” the rapper noted.

She also reflected on the role that Lil Wayne played in the development of her career noting that: “When I came in this game, I didn’t have any paperwork with Lil Wayne but he had us on tour, he had us in the studio, he was getting on my mixtapes, so I understand the importance of somebody else doing the heavy lifting for you sometimes, I understand the importance, I understand why people are coming out and they are so microwaveable. They are here today and gone tomorrow because there is no structure. There is no real person that believes in them.”

Minaj is the second female rapper after British star Stefflon Don to own a record label.

Stefflon Don, who has Jamaican ancestry, incorporated her 54 London label in June 2016, according to the company information service of the United Kingdom Government.

*NB: A previous version of this article erroneously stated that Nicki Minaj was the first-ever female rapper to launch a record label.