The controversy surrounding Carter Efe’s ₦50 million prize money has finally been resolved, with the content creator confirming receipt of the cash payment from businessman E-Money on Wednesday, May 6, 2026.
The payment came two days after Carter Efe publicly called out the organizers and E-Money over the delayed reward. During a TikTok live session, the comedian expressed frustration and stated that he might take further action—including legal steps—if the money was not sent within four days.
The Carter Efe’s Payment Ceremony
Carter Efe took to Instagram to announce that the cash presentation would take place at E-Money’s residence on Wednesday, May 6, with music executive Soso Soberekon communicating the details for the handover .
The content creator also indicated his intention to stream the moment live for his followers.”May 6, 2026. Going to E-Money’s house to receive N50 million. Soso talk say him go give me time and location,” he wrote.
The payment fulfilled the pledge E-Money made immediately after the “Chaos in the Ring 4” event held on May 1, 2026, at the Balmoral Hall, Federal Palace Hotel, Victoria Island, Lagos . At the time, E-Money had publicly declared: “You know we put our money where our mouth is. Congratulations, Carter, on your win — N50 million for you.
The Unpaid Prize Controversy
Days after his unanimous decision victory over Portable, Carter Efe had complained bitterly about not receiving the promised reward. In a video that circulated widely on social media, he expressed his frustration over the delay .”Dem never give me my money oo.
I never see N50 million ooo. I nearly die for that fight, I never see the N50 million. Make dem pay me the N50 oo,” he lamented .His comment that he “nearly died” in the fight referred to the physical toll of the three-round bout, where he faced Portable’s aggressive, unorthodox fighting style.
The streamer, who had no prior boxing experience, emerged victorious by unanimous decision with all three judges scoring the contest 27-30 in his favour .The Fight ItselfThe May 1 showdown was the main event of “Chaos in the Ring 4,” drawing significant attention across Nigeria’s entertainment landscape.
Portable, who had entered the fight unbeaten following victories over Charles Okocha (2023) and Speed Darlington (April 2025), was widely expected to extend his winning streak.
Prior to the bout, Portable had confidently predicted victory. “I will use you to collect my third belt. Charles Okocha was bigger than you, Speed Darlington was bigger than you, and I beat them. I will beat you now,” he warned .Carter Efe responded simply: “One punch and you fall.
Inside the ring, Portable came out aggressively in the opening round, throwing wild, unstructured punches. However, the taller Efe remained composed, absorbing the pressure and countering with crisp uppercuts and body shots that troubled the singer.
By the second round, Efe had adjusted tactically, landing cleaner combinations and controlling the pace. The third round followed a similar pattern, with Efe consistently finding his mark until the final bell .
Portable’s Reaction
Following his defeat, Portable made controversial claims about the fight’s outcome. In an Instagram video posted on Sunday, he alleged that the organisers deliberately declared Carter the winner to avoid a massive betting liability.
He claimed the betting payouts would have amounted to roughly $17 million (about N23 billion), a sum he deemed impossible for the organisers to cover .”Carter Efe’s victory was intentional. Most people bet on me,” he asserted.
He also claimed he had already received N40 million of the promised prize before the bout and an additional N5 million for promotional posts, stating that he was only fighting for the remaining N10 million.
Conclusion
With the ₦50 million now officially in hand, Carter Efe can finally celebrate his victory on all fronts—both in the ring and in the payment drama that followed. The resolution brings an end to a controversy that had threatened to overshadow the content creator’s career-defining win.