Popular socialite Emeka Okonkwo, widely known as E-Money, has confirmed his N50 million pledge to comedian Carter Efe after the latter defeated singer Portable via unanimous decision at the Chaos in the Ring 4 event in Lagos. The businessman made the announcement immediately after the conclusion of the fight, stating that he always puts his money where his mouth is.
E-Money Announces N50 Million Reward
Before stepping into the ring, Portable had confidently bragged about claiming his third boxing belt, relying on his previous exhibition victories against Charles Okocha, Kelvin Power, and Speed Darlington. However, Carter Efe completely defeated the Afrobeats singer over three rounds at the much-talked-about Chaos in the Ring event to secure a unanimous victory, following weeks of intense public clashes.
Right after the conclusion of the show, the CEO of Balmoral Group Promotions, Ezekiel Adamu, shared his thoughts on the successful night, pointing out that they kept their promise of delivering an entertaining show while expressing gratitude to everyone involved. He said, 'We promised Chaos in the Ring, and we have delivered very entertaining fights tonight. There is more coming, thanks to everyone who made this a success and to the fighters for the great display.'
E-Money then grabbed the microphone to address the victorious comedian. He congratulated the winner and made it clear that he always backs up his words with actions, confirming the N50 million reward to him. 'You know we put our money where our mouth is, and so congratulations, Carter, on your win. N50 million for you,' he said.
Netizens React to E-Money's Gift
Legit.ng compiled the reactions of netizens below:
@myResearch_ said: 'E Money no be playing! Promised 50M, dropped am like recharge card. Portable dey hospital dey ask na only blow I blow? Carter don turn billionaire overnight next fight I dey sell my kidney to enter ring!'
@priscanall commented: 'EMoney drop 50M like say na market change. Carter just win fight and jackpot same day. Naija way: fight finish, money enter. Who dey organize next one ...make I register?'
@MR_HEYZ1 wrote: 'Money dey this country. Lowkey na people way dey do silly things dey see dis money pass.'
@iamvickynation reacted: 'Omo!!! This is massive, I've always known Carter will always have that advantage over Portable.'
@BLACK__DIAAMOND said: 'Big respect to E-Money for fulfilling the promise. N50 million is a massive W for Carter Efe. This win plus the payout will seriously boost his streaming career and open more doors. Well deserved.'
E-Money Gifts Peller and Carter Efe
Earlier, Legit.ng reported that E-Money gave Peller a brand new 2025 Toyota Corolla and also handed Carter Efe £5,000 to repair his damaged car. This happened after both streamers visited his residence to apologise following a viral video where they were seen smashing each other's car windscreens with stones. E-Money expressed displeasure over their actions but still supported them, calling for another car to be given to Peller while also giving Carter Efe money.
