The university was founded by Redeemed Christian Church of God in 2005.
The Federal Government of Nigeria granted an operating license to the Redeemer’s University on 7 January 2005.
In the 2012/2013 academic year, the university admitted its first set of M.A., M.Sc., and PhD. students.
In 2013, the university won a World Bank Grant to fund the establishment of the African Centre of Excellence for Genomics of Infectious Diseases (ACEGID). To win the grant, Redeemer’s University emerged the best rated university among 15 prestigious universities selected from West and Central Africa.
The university has produced 5 sets of graduates.
It enrolled 2,351 students in total, as of 1 December 2013; 997 male and 1,354 female.
As of the 2013/2014 academic year, the university had three colleges – the College of Natural Science, the College of Management Science, and the College of Humanities. There are a total of 26 academic programs. It is envisaged that an engineering college will soon be added.
Its Vice Chancellor is Anthony Enisan Akinlo, professor of Monetary and Development Economics. Many distinguished Nigerian academics have taught at the university. Among them are the following professors:
- Debo Adeyewa, immediate past vice chancellor, a pastor in the RCCG and a professor of meteorology from Federal University of Technology, Akure, Ondo State, Nigeria.
- Oyewale Tomori, pioneer vice chancellor, former World Health Organization executive for Sub-Saharan Africa; Fellow of the Nigerian Academy of Science
- Ayo Akinwale