Popular socialite and businesswoman, ‘Cash Madam’ Adebisi Edionseri, has passed on.
It was learned that the Iya Sunnah of Egbaland, Yewaland, and Ogun State died after a brief illness on Sunday, January 5, 2025, in Abeokuta, the Ogun State capital.
One of her children, Dr. Adebayo Adebowale, announced her passage in a statement, which noted that she touched many lives in her family and community, and described her as a “shining example of grace, dignity and unwavering faith.”
According to the statement: “With deep gratitude to Allah for a life well-lived, we announce the passing of our beloved mother, grandmother, and great-grandmother, Princess Kadijat Abike Adebisi Edionseri (née Elegbede), who returned to her Creator on January 5, 2025, at the age of 89, following a brief illness.
“Her life was a shining example of grace, dignity and unwavering faith. Princess Edionseri touched the lives of many through her wisdom, kindness and dedication to both her family and her community. She taught us the importance of love, resilience, and faith in Allah, leaving behind a legacy that will continue to inspire generations.
“As we grieve this monumental loss, we also celebrate the remarkable life she lived. Her laughter, warmth, and the values she instilled will forever remain in our hearts, guiding us as we navigate life without her physical presence.”
The statement added: “She taught us the importance of love, resilience, and faith in Allah, leaving behind a legacy that will continue to inspire generations.”
Cash Madam Edionseri will be buried according to the Islamic rites on Monday, January 6, 2025, by 4 pm at her residence in the Abeokuta Government Residential Area of the state.
Juju maestro, Chief Commander Ebenezer Obey, named her “Cash Madam,” when he waxed a record in tribute to her in the 1970s.
In April 21, 2019, one of her sons, Otunba Abdulfalil Abayomi Odunowo, alias Yomi Cash, had on behalf of the family pushed out a rebuttal of her supposed death at 84 years old.
Narrating her introduction to wealth and the sobriquet “Cash Madam,” Edionseri once told an interviewer: “My husband and I were working with John Holt and two other companies in Ijebu-Ode before we were transferred to Ibadan that was in 1959.
“Not long after then, I became a distributor with other three companies; so, I got a shop and I started getting goods from them. So, whenever I wanted to take my money to the bank, “Alaaru” (Load porters) would help me take it there, and when we got there, the bank would give me six cashiers and a room to count the money.
“John Ojomo, a lawyer from Owo, Adetunji Oladoyinbo, Funke Fagbemo are staff I used to meet at the bank most times. So, whenever I come around I would tell them that I wanted to go and count my money.
“Since then, they named me ‘Cash Woman’ not Cash Madam that everybody calls me now. Late Apala Musician Yusuf Olatunji, ‘Baba L’egba’ in his first record said ‘Cash Woman.
“It was Evangelist Ebenezer Obey who changed it to ‘Cash Madam’, because he didn’t know details about me then. So, the real name is ‘Cash Woman’ because I was the leader of the customers in those companies.”
