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How God Dealt With Billionaires Who Queried Me Over Their Tithe – Pastor Adeboye

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By Kayode Sanni-Arewa

The General Overseer of Redeemed Christian Church of God, RCCG, Pastor Enoch Adeboye, has disclosed how God dealt with some billionaires who questioned his accountability over their tithes.

Pastor Adeboye disclosed that four billionaires from one of the branches of RCCG had written to him demanding to know how the ministry spent their tithes.

Addressing his members, Pastor Adeboye disclosed that God punished the branch as most of the members started suffering in their businesses and their contracts were being cancelled.

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He said: “The tithe that was coming from this family was hefty. All of a sudden a handful of the big men wrote to me and said every month, you must give us an account of how you are spending our tithe. I said okay, ‘what they are asking for is alright, they are simply asking for transparency. Nothing is wrong with that.

“I said, however, I have gone through the Bible, I have not seen anywhere where God spoke to Moses and said every month, you must give an account of the tithe children of Israel to them. So, I said alright, I will do two things.

“Number one, I will prepare a detailed account of how your money is spent, including if we buy a bottle of coke for first timers. I will put it in a file and every month when you people come for the Holy Ghost Service, that file be on the table. I won’t give it to you. I will put it on the table.

“Anyone who wants to see it can go and read it. But make sure you wait till I have left the room because everything that we are doing in earth is being recorded in heaven. I don’t want my God to say you are the one who handed it over to them and you are there when they were reading. And I did it.

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“Number two, I told the treasurer, from now on, any tithe that came from this family, don’t add it to the rest, put it aside. Let me find out if the God who sent me can run his church without these people’s contributions. So, for two separate years, every kobo that came for this family was kept in a separate account.

“It was when Aboaba came from Ibadan, I sent him there and then after he had been in the church for some months, he came to me. He said the people you asked me to go and join are complaining that things are not going well, and they have found out that they offended me, and that’s why their contracts are being cancelled and all manner of things are happening.

“I said we are not quarrelling and God knows I wasn’t quarrelling. I just ignore it. He then said when you knew this was the problem, why did you send me there? I said I didn’t know anything was happening. I just want to know how gracious God can be to me. Then, we reconciled. It wasn’t everybody that offended me.

“It was a handful of people who thought that they were cleverer than God and they brought problems to everybody. It will interest you to know that every one of those involved in that group is no longer in the church and they are not where they ought to be, let me just put it like that.”

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Court Remands P-Square’s Brother, Ex-Manager Jude Okoye IOver Alleged N1.3B, $1M, £34,000 Fraud

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By Kayode Sanni-Arewa

The Economic and Financial Crimes Commission (EFCC) has taken Jude Okoye, the elder brother and former manager of the defunct music duo P-Square, to court over alleged money laundering involving ₦1.38 billion, $1 million, and £34,537.59.

Jude Okoye, along with his company Northside Music Ltd, was arraigned before Justice Alexander Owoeye of the Federal High Court in Lagos on Wednesday, facing a seven-count charge related to financial crimes.

One of the charges states: “That you, Jude Okoye Chigozie and Northside Music Ltd, sometime in 2022 in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street, Parkview Estate, Ikoyi, Lagos worth ₦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful acts, thereby committing an offence contrary to Section 18 (2)(d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.”

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Another charge alleges that Jude Okoye and his company used a Bureau de Change operator to convert $1,019,762.87 (One million nineteen thousand, seven hundred and sixty-two dollars, eighty-seven cents) domiciled in Access Bank Plc into naira and remitted the funds into various accounts with the intent to conceal the source of the money, in violation of the Money Laundering Act.

Jude Okoye pleaded “not guilty” to the charges.

Following his plea, EFCC counsel Larry Peters Aso applied for a trial date and requested that the defendant be remanded in a correctional facility pending trial.

However, defence counsel Inibehe Effiong informed the court of a pending bail application and urged the court to keep Okoye in EFCC custody until the application is heard.

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The prosecution opposed the request, citing congestion in EFCC facilities and urging the court to remand him to a correctional centre instead.

Justice Owoeye subsequently adjourned the case to February 28 for a bail hearing and fixed April 14 for trial commencement.

The judge also ordered that Jude Okoye be remanded at the Ikoyi correctional facility pending the determination of his bail application.

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Funso Ayeni donates N1m, appeals to citizens to support Fisayo Aluko medical needs

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By Kayode Sanni-Arewa

Prince Funso Ayeni, an Ikole born philanthropist and politician has donated the sum of N1,000,000 for the support of one Esther Fisayo Aluko Medical needs.

Fisayo Aluko, an Indigene of Ikole LGA part of Ekiti State is currently in need of fund running to millions of Naira to carry out a kidney transplant.

Prince Funso Ayeni made his support known via a Whatsapp platform created for the Indigenes of the LG.

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“Good afternoon great citizens,
I am Prince Funso Ayeni (PhD)
I am deeply touched by the condition of Esther Fisayo Aluko, a young lady from Ikole Ekiti, battling kidney issue.

On behalf of myself, my family, and the entire Funso Ayeni Foundation (FAF), I have donated ₦1,000,000 (one million naira) towards her medical treatment ( receipt attached).

“I also appeal to our brothers and sisters from Ikole Local Government, both in and out of government, to rally their contacts and resources to support this urgent cause.

“Together, we can give Esther a chance to live a healthy life again.

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Naira again falls against Dollar – February 26

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By Kayode Sanni-Arewa

The naira is exchanging for ₦1,498 to 1 US Dollar at the parallel market (black market) in Nigeria.

This means that for every one dollar, you can get the equivalent in naira of ₦1,498 on February 26, 2025.

The black market rate signifies the value at which individuals can trade their dollars for naira outside the official or regulated exchange channels.

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Note that the Black Market Exchange rate is typically higher than the official exchange rate because it is not regulated by the government

Today’s February 26 exchange shows that the naira has improved against the dollar, as it strengthened compared to what it traded on Tuesday, February 25, when the naira exchanged ₦1,499.

The value of any nation’s currency is determined by aggregate supply and demand.

The forces of supply and demand are themselves influenced by a number of factors, including interest rates, inflation, capital flow, and money supply.

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The most common method to value currency is through exchange rates. The two main exchange rate systems are fixed rate and floating rate systems.

Investors and participants closely monitor these parallel market rates for a more immediate reflection of currency dynamics

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