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E-Money confirms ₦50m reward for Carter Efe after Portable victory

by Honesty Victor
May 2, 2026
Reading Time: 2 mins read
E-Money confirms ₦50m reward for Carter Efe after Portable victory
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Lagos socialite and businessman, Emeka Okonkwo, popularly known as E-Money, has confirmed that he will honour his N50m pledge to social media comedian, Carter Efe.

This followed Carter Efe’s unanimous decision victory over street-hop artiste, Habeeb Badmus, popularly known as Portable, at the Chaos in the Ring 4 event held at the Balmoral Hall, Federal Palace Hotel, Victoria Island, Lagos, on Friday night.

E-Money reaffirmed the pledge after the Chief Executive Officer of Balmoral Group Promotions, Ezekiel Adamu, asked him about it at the end of the event.

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The businessman congratulated Carter Efe on his victory and said he would redeem the promise.

E-Money said, “You know we put our money where our mouth is, and so congratulations Carter on your win. ₦50 million for you.”

Adamu, on his part, said the event lived up to expectations.

He said, “We promised Chaos in the Ring and we have delivered very entertaining fights tonight. There is more coming, thanks to everyone that made this a success and to the fighters for the great display.”

Friday’s fight between Carter Efe and Portable followed weeks of verbal exchanges between both entertainers.

Portable entered the contest with previous celebrity boxing victories over Charles Okocha and Speed Darlington, which had earned him two belts.

Before the fight, he had boasted that Carter Efe would help him win a third belt.

Portable said, “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.”

Carter Efe, however, replied, “One punch and you fall.”

When the fight began, Portable started with wild punches, but Carter Efe used his height and reach advantage to control the contest.

Across the second and third rounds, Portable continued to swing wide and clinch, while Carter Efe landed cleaner combinations.

All three judges scored the bout 27-30, giving Carter Efe a unanimous decision victory and the celebrity boxing crown.

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