Business
Pastor Chris Oyakhilome In Jail mess in South Africa over His refusal to release financial records
The South African government has threatened a jail term for Chris Oyakhilome if his church, Christ Embassy, fails to release its financial records, the South African based News24 is reporting.
The Commission for the Promotion and Protection of Cultural, Religious and Linguistic Communities said several religious leaders in the country could be jailed if they fail to comply with the demands of the commission.
The commission said it was investigating the commercialization of religion and abuse of people’s beliefs and had summoned several churches to appear before it with their ordination certificate, registration certificate, bank statements, and annual financial statements from 2012.
Thoko Mkhwanazi-Xaluva said the commission had been forced to take a legal route because some of the church leaders had failed to comply with their directive.
“Some of these religious leaders will face prison if they do not comply and we have been clear about our course of action,” Mkhwanazi-Xaluva told News24.
“Some religious leaders have also threatened the commission, which is leading us towards the legal route.”
Mr. Oyakhilome, the founder of Christ Embassy, had indicated he would take a legal action to stop the commission from forcing it to open his books, according to Mkhwanazi-Xaluva.
Christ Embassy had earlier sought for an extension of time to enable it review its financial records.
Ms. Mkhwanazi-Xaluva said they were also considering filing charges of intimidation against religious leaders who had publicly threatened the commission.
She wondered why some pastors would take money from their followers and, yet, refuse to provide their financial records.
“These people take money from people,” she said.
“What are they doing with that money? We want to know. We will not back down.
“If he (Mr. Oyakhilome) intends on that route, we are ready. He will have to face the same fate as the others who refuse to hand over their financial records.”
While most of the old traditional churches – including the Catholic church, the Methodist church, the Presbyterian Church, and the Lutheran Church – had requested for an extension of time; a lot of the new breed churches had threatened court action.
Earlier this month, a South African pastor, Paseka Motsoeneng, told the commission he would rather go to jail than hand over his financial records.
Mr. Motsoeneng (popularly known as Mboro), the head of Incredible Happenings church, is known in the country for his healings and miracles.
“Now the headlines will be saying Mboro has R10 million in his account…. I have enemies. Now they will know my strength and weakness… I want to protect myself, my church and my ministry so I have to look and consult thoroughly with my lawyers,” he said.
“For my belief, I will be glad to go to jail. Even now, I can be taken there.”
Business
Renewed Hope Ambassadors Inspect RHA Secretariat
Renewed Hope Ambassadors Inspect RHA Secretariat
Renewed Hope Ambassadors, led by its Director-General and the Governor of Imo State, Hope Uzodinma, alongside Zonal Coordinators (NW, NC, SE), the Media & Publicity Directorate, and other key stakeholders, inspected the RHA Secretariat two days after President Bola Tinubu unveiled the Renewed Hope Ambassadors grassroots engagement drive in Abuja.
Business
Harmony Gardens’ Ibeju-Lekki Portfolio Crosses $1bn
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.
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