Veteran Nollywood filmmaker Kunle Afolayan has dismissed reports alleging that he owes First Bank N5 billion. He recently had his say via his Instagram page, and fans have been reacting.
Addressing the report on social media, Kunle clarified that there is no loan dispute or court case involving him and the bank.

Stressing that he has collaborated with First Bank in the past, the producer added that he has a good relationship with the financial institution.
His words, “Good day, everyone. I try not to, like, do this, but I think for whatever it’s worth, and also for those who are, you know, well-wishers and friends, family, who are really worried about the publication and this nonsense they are spreading around, saying we’re owing 5 billion.
I really wish, please, if I see a bank that will give me 5 million, I definitely will take it because I will use it for the betterment of the country. But the honest truth is there’s nothing of such.
One, Anikulapo, even from the film, you know, was a co-production between Golden Effects and Netflix, and it was a clear, straightforward deal, and no money is owed, no money is owed to anyone.
And I don’t know, there’s so much, I don’t know, maybe it’s because we’re going through so much in Nigeria, so they are always looking for issues where there isn’t.Nigerian cultural insights
So without prolonging the matter, there’s no litigation. We are good friends of the bank, we’ve done collaborations in the past, and we’re still doing stuff, but we don’t have any issue of any sort. And the people behind this, wọn má gburo. So, yeah, that’s all I will say. But thanks to everyone who’s been sharing the links and the messages. We’re not owing anybody 5 billion.
We are not owing Firstbank or any bank at all N5 billion.
Thank you to everybody who reached out and to everyone in their comment sections defending our reputation.
Thank you 🙏🏾”
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