Business
Bishop oyedepo’s accountant allegedly ran mad over theft
Many people make light of one of the commandments of the Supreme Being, which states thus “thou shall not steal”. Countless number of times, this simple instruction has been flouted with several culprits getting away unscathed, but, that is not the case this time as you are about to discover.
If you are a clergyman or you are one of those who steal from sacred places, desist so you won’t end your life the way this man did.
Olawore, the man with the light fingers, mikeangelonews.com exclusively gathered, was employed as an accountant with the Living Faith Worldwide a.k.a Winners Chapel some years ago. It is mandatory that anyone who wants to work with the religious body, must undergo the church’s pastoral training irrespective of the educational credentials presented. Before Olawore was employed, he was duly made to understand this pre-requisite. He was therefore enrolled at the theological seminary, from where he subsequently graduated and was employed as an accountant in the church.
Mr. Olawore as he was called to resume work and was assigned to counting and recording the church’s proceeds after every service. According to an insider, the church’s strong room has close circuit cameras installed in all the environ except the toilets. Olawore alongside other fellow accountants are saddled with the responsibility of counting the money and separating the hard currency from the local bill.
Olawore, a close family source revealed was very close to the bishop because of his intelligence, this paved way for him to head the department after a few years of his stewardship.
But despite being close to the richest pastor in the world, Mr. Olawore and some of his colleagues were found to be stealing from the church’s treasury.
How did they do that with the Close Circuit TV monitors around?
We gathered that they pinned the money in their hand and take excuse to visit the toilet where they would now hide it somewhere they would later have access to, because, after close of work, everyone will be subjected to thorough search before they are cleared to leave the strong room.
“sometimes they spend up to three days counting money and separating the hard currencies in different denomination. The tithes are directly paid into the Bishop’s account.
It became possible for them to steal hard currencies of higher denominations because these are monies that will last them sometime three days to finish counting. And while performing that duty, some of them were always using the convenience place to keep the money till after they are through with it the exercise before they would later go for their harvest” an inside source told us.
You would be shocked that many a times the cleaners have even made themselves rich as they often see monies stashed in polythene and kept in the WC or sometime use the brush holder as piggy banks to keep the money.
Few months into this act, Olawore who is said to be blessed with the gift of prophecies was always seeing where others used to keep their stolen ‘goddies’ and as he has seen it, he would always go directly to retrieve the stolen loot.
It got to a point that the money was so enormous and he started buying lands all over the place mostly at Agbado area of Lagos, and at the same time living large and enjoying life to the fullest, but he could only do this for a short while, as his insatiable greed and appetite for women ruined him and all he has acquired through this shady means all went down the drain.
As you are reading this, Mr. Olawore seems to have become a recluse and is often seen muttering to himself while walking the streets without any hope of him regaining his sanity.
Culled from Mikeangelonews.com
Harmony Gardens’ Ibeju-Lekki Portfolio Crosses $1bn
Harmony Garden & Estate Development Limited has expanded its development activities across Ibeju-Lekki, pushing the projected long-term value of its estate portfolio beyond $1 billion.
Led by Chief Executive Officer Hon. Dr. Audullahi Saheed Mosadoluwa, popularly know Saheed Ibile, the company is developing seven estates within the Lekki–Ibeju corridor. Details available on Harmony Garden & Estate Development show a portfolio spanning land assets and ongoing residential construction across key growth locations.
A major component is Lekki Aviation Town, where urban living meets neighborhood charm, located near the proposed Lekki International Airport and valued internally at over $250 million. The development forms part of the company’s broader phased expansion strategy within the axis.
Other estates in the corridor tagged as the “Citadel of Joy” (Ogba-idunnu) include Granville Estate, Majestic Bay Estate, The Parliament Phase I & II, and Harmony Casa Phase I & II.
With multiple projects active, the rollout of the Ibile Traditional Mortgage System, and structured expansion underway, Harmony Garden & Estate Development Ltd continues to deepen its presence within the fast-growing Ibeju-Lekki real estate market.
Business
BUA Group Showcases Food Manufacturing Strength at 62nd Paris International Agricultural Show
BUA Group Showcases Food Manufacturing Strength at 62nd Paris International Agricultural Show
BUA Group, one of Africa’s leading diversified conglomerates, is maintaining a strong presence at the ongoing 62nd edition of the Paris International Agricultural Show in France, participating as a premium sponsor and supporting the Nigeria Pavilion at one of the world’s most respected agricultural gatherings.
The 62nd Paris International Agricultural Show, taking place from February 21 to March 1, 2026, at Porte de Versailles in Paris, convenes global leaders across farming, agro processing, technology, finance, and policy. The event serves as a strategic platform for industry engagement, knowledge exchange, and commercial partnerships shaping the future of global food systems.
BUA Group’s participation reflects its long term commitment to strengthening the entire food production value chain. Through sustained investments in large scale processing, value addition, and branded consumer products, the Group continues to reinforce its role in advancing food security, industrial growth, and regional trade integration.
Speaking on the Group’s participation, the Executive Chairman of BUA Group, Abdul Samad Rabiu CFR, said, “BUA’s presence at the Paris International Agricultural Show reflects our belief that Africa must be an active participant in shaping the future of global food systems. We have invested significantly in local production capacity because we understand that food security, industrial growth, and economic resilience are interconnected. Platforms like this allow us to build partnerships that strengthen Nigeria’s competitiveness and expand our reach beyond our borders.”
BUA Foods, a subsidiary of BUA Group, maintains a strong footprint in flour, pasta, spaghetti, sugar, and rice production, serving millions of consumers within Nigeria and across neighbouring African markets. The Managing Director of BUA Foods, Engr. Abioye Ayodele, representing the Executive Chairman, is attending the event at the Nigeria Pavilion, engaging industry stakeholders and showcasing the company’s manufacturing capabilities.
Also speaking at the show, Engr. Ayodele stated, “BUA Foods has built scale across key staple categories that are central to household consumption. Our participation at this Show allows us to demonstrate the quality, consistency, and operational strength behind our products. We are also engaging global stakeholders with a clear message that Nigerian manufacturing can meet international standards while serving both domestic and regional markets efficiently.”
The Show provides BUA Group with an opportunity to deepen trade relationships, explore new export pathways, and reinforce Nigeria’s growing relevance within the global agricultural and food ecosystem.
BUA Group remains focused on building enduring institutions, expanding productive capacity, and positioning African enterprise competitively within global markets.
Nigeria’s Inflation Drops to 15.10% as NBS Reports Deflationary Trend
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
Nigeria’s headline inflation rate declined to 15.10 per cent in January 2026, marking a significant drop from 27.61 per cent recorded in January 2025, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics.
The report also showed that month-on-month inflation recorded a deflationary trend of –2.88 per cent, representing a 3.42 percentage-point decrease compared to December 2025. Analysts say the development signals easing price pressures across key sectors of the economy.
Food inflation stood at 8.89 per cent year-on-year, down from 29.63 per cent in January 2025. On a month-on-month basis, food prices declined by 6.02 per cent, reflecting lower costs in several staple commodities.
The data suggests a sustained downward trajectory in inflation over the past 12 months, pointing to improving macroeconomic stability.
The administration of President Bola Ahmed Tinubu has consistently attributed recent economic adjustments to ongoing fiscal and monetary reforms aimed at stabilising prices, boosting agricultural output, and strengthening domestic supply chains.
Economic analysts note that while the latest figures indicate progress, sustaining the downward trend will depend on continued policy discipline, exchange rate stability, and improvements in food production and distribution.
The January report provides one of the clearest indications yet that inflationary pressures, which surged in early 2025, may be moderating.
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