Nigerian filmmaker Kunle Afolayan has publicly dismissed a viral report alleging that he is facing legal action over an unpaid N5 billion loan from First Bank. The report, which circulated widely online, claimed that Afolayan borrowed the sum in 2022 to finance the production of his epic film 'Anikulapo' and had only repaid half after Netflix acquired the movie.
Afolayan's Brief Denial
In a video posted on social media, Afolayan gave a brief response refuting the allegations. He did not provide further details but made it clear that the claims were false. The viral post had alleged that the bank obtained a court order and that Afolayan was expected to appear before a judge. However, no evidence was provided to substantiate the allegations.
Context of the Allegations
The report claimed that Afolayan agreed to repay the alleged loan within three years but became unreachable after making a partial payment. The filmmaker's denial comes as interest in his 'Anikulapo' franchise continues to grow. 'Anikulapo: The Ghoul Awakens', the third instalment in the award-winning franchise, premiered on Netflix on January 30 as a five-part miniseries.
Reactions from Social Media Users
Social media users reacted to Afolayan's denial. User @solotizzy commented: 'The moment you see a Nigerian filmmaker successfully producing high budget movies back to back, blogs automatically assume he took a loan from the Central Bank. The desperation for fake news on this app is getting out of hand.' User @enney4real shared: 'When public figures deny reports like this, transparency becomes important for everyone involved. Do you think media outlets should verify such claims more thoroughly before publishing?'
Previous News: Afolayan Celebrates Daughter's Birthday
Earlier, Legit.ng reported that Kunle Afolayan celebrated his daughter Eyiyemi's 20th birthday on September 11, 2025. The movie director took to Instagram to share warm photos and heartfelt prayers. Afolayan is a graduate of English Education from the University of Lagos and a trained Digital Marketer from the Digital Marketing Institute, Lagos.
