Nollywood actor and producer Femi Adebayo has dismissed viral claims that his newly launched production studio, Euphoria 360 Hub, is worth N40 billion.
The reaction followed a post by an X user who claimed the state-of-the-art facility in Lagos was valued at N40 billion.
Expressing surprise at the reported figure, Adebayo responded on his social media page: He wrote
The Euphoria 360 Hub, located in Oregun, Lagos, was officially launched on Tuesday, October 6, 2026, by the Lagos State Deputy Governor, Kadri Obafemi Hamzat.
The multi-purpose facility serves as the corporate headquarters of Euphoria360 Media Limited and features a photography studio, editing and music production suites, a cinema, podcast studios, and a film academy.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join THISTIMES on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel
