This article is about the top 10 richest Churches in Nigeria currently in this year 2023. Nigeria is home to several churches that have grown in popularity and riches through time because Christianity is one of the country’s main religions. In addition to accumulating significant revenue, these churches have had a significant impact on the religious and social landscape of Nigeria, touching the lives of millions of Nigerians in many different ways.
In Nigeria today, a lot of churches began as modest establishments that over time expanded into multi-billion dollar empires. The majority of them on this list have quite a large following, which translates into the enormous riches that these churches have come to hold. We will discuss about the leading churches in terms of wealth in Nigeria today as we proceed, giving you a brief summary of each one before revealing their estimated value to give you an idea of the kind of riches they control. Without further ado, let us proceed.
TOP 10 RICHEST CHURCHES IN NIGERIA 2023
The following are the 10 richest Churches in Nigeria this 2023:
THE ROMAN CATHOLIC CHURCH
The Roman Catholic Church is one of the oldest churches in existence, and it is presided over by the Pope, who dwells at the Vatican. The Roman Catholic Church, which has an estimated 30 million followers, is the richest of all the churches in Nigeria. The Catholic Church is well renowned for its charitable donations to the underprivileged. In Nigeria today, there are many dioceses and archdioceses, each headed by a Bishop and backed by a Priest in charge of the parish’s welfare. The Roman Catholic Church in Nigeria is worth an estimated $200 billion.
THE CHURCH OF NIGERIA, ANGLICAN COMMUNION
The Church of Nigeria, Anglican Communion, one of the first and oldest churches in Nigerian history, was founded by the British during Nigeria’s colonial era and serves as the mother church for all Anglicans in the country. It is estimated that there are about 28 million members in Nigeria. The church was formerly led by the British, but because of divergent religious viewpoints, they later split. The Church of Nigeria, Anglican Communion, which is led by the Primate of All Nigeria, outright forbids both the appointment of female bishops and same-sex marriage (gay/lesbianism). It is one of the richest churches in Nigeria and aggressively pursues charitable goals. The financial growth of the church is greatly aided by its followers. It is believed that the Church of Nigeria, Anglican Communion, is worth $180 billion.
THE REDEEMED CHRISTIAN CHURCH OF GOD (RCCG)
Pa Akindayomi of blessed memory founded the Redeemed Christian Church of God in 1952. With over 10 million members nationwide, it is one of the largest Pentecostal churches and the third-richest church in Nigeria today. The current General Overseer is Pastor Enoch Adejare Adebayo, one of Nigeria’s wealthiest pastors. The church’s wealth is derived from charitable contributions and income generated by its secondary schools across Nigeria as well as its university, The Redeemers University. RCCG has a global presence thanks to its numerous branches worldwide. Redeem is thought to be worth $150 billion.
LIVING FAITH CHURCH WORLDWIDE (WINNERS CHAPEL)
Fourth on the list of richest churches in Nigeria is Living Faith Church, also known as Winners Chapel. Winners Chapel was established by Bishop David Oyedepo, another one of the richest pastor in the Nigeria today. The church owns Covenant University, Landmark University, in addition to other properties, and its main office is in Ota, Ogun State, Nigeria. Living Faith Church is estimated to be worth $140 billion.
DEEPER CHRISTIAN LIFE MINISTRY
The Deeper Christian Life Ministry, popularly known as Deeper Life Bible Church, was founded in 1973 by Pastor Williams Folorunsho Kumuyi and is currently the fifth wealthiest church in Nigeria. Through his ministry, Pastor Kumuyi has touched countless lives after heeding a spiritual call. The church’s main office is in Gbagada, Lagos State, and it has a $5 billion auditorium with a capacity of about 65,000 worshippers on Sundays. Deeper Life is worth an estimated $130 billion.
MOUNTAIN OF FIRE AND MIRACLE MINISTRIES (MFM)
Dr. Daniel Kolawole Olukoya founded Mountain of Fire and Miracle Ministries (MFM) in the year 1989 as a prayer ministry in his home. With the addition of a facility close to the University of Lagos, the ministry grew to have branches all over Nigeria and now mostly depends on charitable donations for finance. In addition to the church, MFM also runs the Mountain Top University and has a recognized football team in Nigeria. It is regarded as one of the richest churches in Nigeria with an estimated worth of $120 billion.
BELIEVER’S LOVEWORLD (CHRIST EMBASSY)
Lagos State is home to Believer’s Loveworld, popularly referred to as Christ Embassy which was established in 1987 by Pastor Chris Oyakhilome, one of the most influential Pastors in Nigeria. The Church is one of the wealthiest churches in Nigeria and has many branches both domestically and internationally, making it a global church. Christ Embassy is one of the largest worshiping communities in the world, boasting millions of followers. It has an estimated worth $120 billion.
SYNAGOGUE CHURCH OF ALL NATIONS (SCOAN)
Among the wealthiest churches in Nigeria this 2023 is The Synagogue Church of All Nations (SCOAN), which was established by the late Prophet T.B. Joshua. Its main office is in Lagos State. The teaching of God’s word at SCOAN is renowned. The late Prophet T.B. Joshua was renowned for his charitable activity, especially in aiding the needy and orphaned. Due to its spectacular architecture and the miracles and healings done by the late Prophet, SCOAN is also regarded as a popular tourist destination. The church is currently worth an estimated $110 billion.
HOUSE ON THE ROCK (HOTR)
House On The Rock (HOTR) was founded by Pastor Paul Adefarasin. The Church is regarded as one of Nigeria’s international churches. Every year, The Church hosts a musical performance, known as The Experience, that draws people from all around the world. House On The Rock is worth an estimated $108 billion, and it continues to flourish among Nigeria’s biggest churches.
THE LORD’S CHOSEN CHARISMATIC REVIVAL MINISTRIES
Pastor Lazarus Muoka is the leader of The Lord’s Chosen Charismatic Revival Ministries, one of the richest churches in Nigeria. With locations all over the world, its headquarters is located in Lagos State. Pastor Muoka’s extraordinary miracles, signs, and wonders are renowned and have helped The Lord’s Chosen prosper financially. The Church is worth an estimated $100 billion.
