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10 Richest Churches in Nigeria (2025)

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10 Richest Churches in Nigeria (2025)

Nigeria’s churches have grown into some of the largest religious organisations in Africa, with congregations, schools and even media networks stretching across the world. Their financial clout has drawn attention, and estimates of their wealth show how their influence extends beyond the pulpit.

The Redeemed Christian Church of God was founded in Lagos by Josiah Akindayomi in 1952 and has grown into one of the world’s most expansive Pentecostal movements. It counts roughly 9.94 million members and is present in more than 190 countries. Analysts believe the church’s vast Redemption City, real‑estate holdings and schools such as Redeemer’s University help give it a net worth of about $200 million.

Living Faith Church, popularly called Winners’ Chapel, is led by Bishop David Oyedepo and operates from its sprawling Canaanland headquarters in Ota, Ogun State. With more than six million followers in 147 countries, the church runs the 50 000‑seat Faith Tabernacle and is building a 100 000‑capacity sanctuary. Its ventures in real estate, aviation, agriculture and education—particularly Covenant and Landmark universities—have driven its wealth to an estimated $1.5 billion.

Christ Embassy, founded by Pastor Chris Oyakhilome in 1987, has 145 branches on five continents. Its LoveWorld television network and digital platforms provide a revenue stream that helps underpin an estimated $400 million fortune.

Mountain of Fire and Miracles Ministries, established by Daniel Olukoya in 1989, has grown from a Lagos prayer group to more than 300 churches across Nigeria and abroad. Known for “deliverance” services, it channels donations and proceeds from real‑estate holdings into social programmes and is valued at about $300 million.

Deeper Christian Life Ministry was formed in 1973 by William Kumuyi. It has over 800 000 adherents in Nigeria, more than 5 500 domestic churches and over 3 000 abroad. Revenue from schools and property investments places its net worth around $130 million.

The Synagogue, Church of All Nations, founded by T.B. Joshua, is a magnet for religious tourists. Its Lagos headquarters attracts over 50 000 worshippers weekly and an estimated two million tourists annually. The church’s Emmanuel TV channel and real‑estate portfolio contribute to a net worth of roughly $100 million.

Nigeria’s Catholic Church is part of the global Catholic communion but has its own substantial footprint, counting around 35 million adherents. Its vast network of parishes, schools and hospitals has been valued at about $150 million.

The Apostolic Church Nigeria traces its roots to the early twentieth century and today has about 4.5 million members. In 2011 it opened a 100 000‑seat National Temple; together with its property and educational ventures, this helps sustain an estimated wealth of $75 million.

The Church of Nigeria, the country’s branch of the Anglican Communion, boasts around 22 million baptised members and is considered the largest Anglican province worldwide. Real‑estate holdings, donations and institutions contribute to a net worth of about $80 million.

The Brotherhood of the Cross and Star, founded in 1956 by Olumba Olumba Obu, differs from mainstream churches by describing itself as the “new Kingdom of God”. It has more than two million followers across Nigeria, Ghana, Europe and the United States and advocates veganism and universal love. Although it does not publish its finances, reports suggest the movement owns significant real estate, operates the Star‑cross TV network and runs schools, making it one of Nigeria’s wealthier religious organisations.

Together, these churches illustrate how religious movements in Nigeria have harnessed large congregations, international expansion and diverse business interests to create formidable financial powerhouses.

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