The billionare-publisher of Daily Newswatch,
Dr. Jimoh Ibrahim has abandoned the
newspaper and opted for a new one,
independent of the old title.
Sequel to the court ruling that gave victory to
the company's minority shareholders and
ordered the stopage of publications, the Ondo
State-born politician has decided to register
and publish his newspaper under a new
name.
Consequently, the Daily Newswatch has
ceased to exist while the staff of the company
has been transfered to the new publication
outfit, which is known as Newswatch Times.
As against the defunct Daily Newswatch,
which was a 96-page newspaper, the
Newswatch Times is a 72 page all-colour
newspaper and has already hit the newsstand
today.
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