MFM was founded in July 1989 at the home of Dr. D. K. Olukoya with 25 people at the first service. The Church later moved to No. 60, Old Yaba Road, Alagomeji, and finally to the present Headquarters site on 24th April 1994.  Mountain of Fire and Miracles Ministries is a full gospel ministry devoted to the Revival of Apostolic Signs, Holy Ghost fireworks and the unlimited demonstration of the power of God to deliver to the uttermost.

Absolute holiness within and without as the greatest spiritual insecticide, and a pre-requisite for heaven is taught openly. MFM is a do-it-yourself Gospel ministry where your hands are trained to wage war and your fingers to do battle.  It is this kind of disposition that birthed the establishment of 25 ministry groups under the umbrella of the MFM Ministries.