Business
How sacked FRC Head, Jim Obazee vowed to remove Pastor Adeboye – RCCG reveals
THE Redeemed Christian Church of God, RCCG, yesterday, said the sacked Executive Secretary/Chief Executive Officer of the Financial Reporting Council of Nigeria, FRCN, Mr. Jim Obazee, had vowed to remove the General Overseer of the church, Pastor Enoch Adeboye. This revelation was made by Head of the church’s Media and Public Relations, Pastor Segun Adegbiji, who also confirmed that the embattled Obazee was a zonal pastor with RCCG and, at a time, refused to honour Pastor Adeboye’s summons over alleged infractions.
According to Adegbiji, when the General Overseer noticed some infractions and sent for the then zonal pastor, he (Obazee) immediately replied that he was in his office and if Pastor Adeboye really wanted to see him, he knew where to reach him. Obazee had allegedly refused to suspend the implementation of the FRCN regulation that requires heads of all registered churches, mosques and other non-profit organisations to serve a maximum of 20 years in office and thereafter hand over to someone from outside their families. Obazee reportedly insisted that only an official gazette would stop him. Pastor Adegbiji further said that the recent changes announced by Pastor Adeboye, last week, which caused a stir in the polity, were informed by the provisions of the FRCN Act, explaining that the General Overseer does nothing without consulting God.
According to him, “God may have decided to carry out the reforms for a purpose though such appointments were not new to a growing church like RCCG which has branches in 192 nations of the world. “The newly appointed country overseer, Pastor Joseph Obayemi may remain the overseer in charge of Nigeria operating from his current regional headquarters in Somolu in Lagos. “The national headquarters of the church remains in Ebute Metta, Lagos, while the global headquarters is at the Redemption Camp, but the new country overseer, Pastor Obayemi may not immediately move to the Ebute Metta headquarters because it will be administratively inconvenient for him to operate from the headquarters of another region.” He corrected the impression that the General Overseer, Pastor Adeboye had resigned and appointed a successor, saying: “The General Overseer has not stepped down. He is still the General Overseer of the church and the announcement has not diminished his schedule across the globe.”
He also corrected the impression that the new national overseer was a Special Assistant to the General Overseer, adding that Pastor Obayemi, who will now oversee RCCG’s 28 regions in Nigeria, was one of the seven senior pastors promoted Assistant General Overseers and members of the Governing Council, during the 2016 convention of the church last August. Pastor Obayemi was a deputy in charge of Finance and a member of governing council in RCCG, before his appointment as the new Country/national Overseer of the church. RCCG, with 14 parishes before Pastor Adeboye’s entrance, has grown to become one of Nigeria’s biggest with branches in 192 countries. According to the PRO, the church may not have so designated them but most pastors overseas are actually regarded as country overseers, who act as liaison between the church and their host countries.
With the sack of Obazee and the dissolution of the FRCN Board, President Muhammadu Buhari may have temporarily saved the jobs of many prominent Pentecostal church leaders who have since passed the 20-year threshold. Among them are Pastor William Kumuyi, who has spent 43 years as the General Suerintendent of Deeper Christian Life Ministry; Bishop Mike Okonkwo of the Redeemed Evangelical Mission (35 years); Living Faith Church, also known as Winners Chapel’s Bishop David Oyedepo (35 yeas;) Dr. Daniel Olukoya of Mountain of Fire and Miracles Ministries (22); Pastor Ayo Oritsejafor of Word of Life Bible Church (29 years); Rev. Chris Okotie of the Household of God (29 years); Kingsway International Christian Centre’s Pastor Matthew Ashimolowo (24 years);. Others are Pastor Chris Oyakhilome of Believers’ LoveWord International, alias Christ Embassy (26 years); Pastor Sam Adeyemi of Daystar Christian Centre (21 years); Pastor Tunde Bakare of Latter Rain Assembly (27 years); House on the Rock’s Pastor Paul Adefarasin (22 years) among others.
Business
PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
*PUBLIC NOTICE*: Revalidation of UNIPGC Organizational Status
To prevent any misunderstanding regarding our affiliation with the United Nations, we hereby provide a formal clarification on the status and identity of the United International Peace and Governance Council (UNIPGC), formerly known as IPGC.
UNIPGC is an independent Civil Society Organization and Non-Governmental Organization with continental chapters registered in the United States, Germany, Canada, and several countries across Africa. The organization is committed to promoting the values and principles of the United Nations, particularly in advancing Sustainable Development Goal 16 (Peace, Justice, and Strong Institutions), as well as advocating for good governance globally.
In furtherance of its mandate, UNIPGC has established partnerships with reputable diplomatic civil society organizations, including the United Nations Association of Nigeria and the United Nations Association of Ghana. These collaborations are aimed at strengthening its engagement with initiatives aligned with United Nations ideals.
Additionally, UNIPGC has entered into diplomatic relations with the International Organization for Economic Development (IOED), an Intergovernmental Organization (IGO), to enhance its capacity for international cooperation and diplomatic engagement.
We wish to clearly state that UNIPGC is **not** an entity, agency, or organ of the United Nations.
Members of the public and media practitioners are respectfully advised to refer to the organization by its full and correct name: **United International Peace and Governance Council (UNIPGC)**, and not as the United Nations.
Thank you.
Business
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz Announces Strategic Partnership with First Bank of Nigeria Limited for 2026 International Tour
Laffmattazz, one of Nigeria’s foremost comedy and live entertainment brands, is pleased to announce its official partnership with First Bank of Nigeria Limited for the highly anticipated Laffmattazz 2026 International Tour, themed “Next Chapter: A New Season of Laughter.”
Now in its 15th year, Laffmattazz—the brainchild of renowned Nigerian comedian Gbenga Adeyinka (Gbenga Adeyinka 1st)—has evolved into a cultural phenomenon, celebrated for its seamless fusion of comedy, music, and live stage performances.
The 2026 tour, which kicked off on Easter Sunday, April 5th, 2026 at the Jogor Centre, Ibadan, marks a significant milestone in the brand’s journey. Building on over a decade of success across Nigeria, this year’s edition signals a bold expansion into the international market, with a multi-city run in Canada, alongside major stops in Akure, Abeokuta, and Lagos.
This strategic partnership with First Bank of Nigeria Limited underscores a shared commitment to excellence and innovation. It is also aligned with FirstBank’s First@Arts initiative—a significant and ongoing program dedicated to supporting the creative arts, entertainment, and cultural sectors. Through this initiative, FirstBank provides financing, advisory services, and actively fosters a sustainable value chain for artists and creative entrepreneurs, while supporting key industry platforms such as the Nigerian Entertainment Conference.
Speaking on the collaboration, the Laffmattazz team stated:
“We are delighted to welcome First Bank of Nigeria Limited as a strategic partner for the Laffmattazz 2026 International Tour. As we mark 15 remarkable years of Laffmattazz, this partnership reinforces our vision to take premium Nigerian entertainment beyond borders, while delivering even bigger, better, and more memorable experiences for our audiences.”
As a key partner, First Bank will enrich the tour through innovative customer engagement initiatives, experiential activations, and exclusive fan experiences across all tour locations.
With its distinctive blend of humor, culture, and live entertainment, the Laffmattazz 2026 Tour is poised to connect audiences across cities and continents, bringing laughter to thousands of fans worldwide.
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About Laffmattazz
Laffmattazz is a premier Nigerian comedy and entertainment brand, now in its 15th year, renowned for its vibrant live shows and nationwide tours. Founded by Gbenga Adeyinka 1st, the brand continues to deliver high-quality experiences that celebrate creativity, culture, and laughter.
About First Bank of Nigeria Limited
First Bank of Nigeria Limited is Nigeria’s oldest financial institution, widely respected for its legacy of trust, innovation, and customer-centric financial solutions that support economic growth and development. Through its First@Arts initiative, the Bank continues to play a pivotal role in empowering the creative industry and driving sustainable growth across the sector.
Business
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
MREIF is Better: FirstBank’s Mortgage Loan Is the Game-Changer for Home Ownership in Nigeria
Anyone who has tried to get a loan to buy a house in Nigeria knows the drill: endless forms, property valuation, and eventual down payment of a minimum 25% or more on the property. Sometimes, interest rates could go as high as 30% per annum, while the typical loan limit is N50 million.
Now, FirstBank is making homeownership more attractive.
FirstBank, in partnership with the Ministry of Finance Incorporated (MOFI), has introduced the MREIF Home Loan. MREIF loan is a game-changer, offering a single-digit interest rate of 9.75% per annum, with a loan amount of up to ₦100 million and a repayment period of up to 20 years. This is perfect for salaried individuals, including Nigerians in the diaspora, looking to purchase homes in approved locations.
The MREIF loan stands out with its lower interest rate, higher loan amount, and flexible equity contribution as low as 10%. This makes it an attractive option for those seeking affordable homeownership.
You are one quick decision away from being a landlord.
If you’ve been waiting for the right time to buy a home, FirstBank’s MREIF Home Loan is the smartest route to owning property in Nigeria today. Visit the FirstBank website https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ to get started.
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