Jimoh Ibrahim Suspends Newswatch Publication

The Publisher of Newswatch magazines, and the Chairman of the Board of Directors of Newswatch magazine, Mr. Jimoh Ibrahim has suspended the publication of the magazine with immediate effect.
He said the decision was 
approved by 51 percent of the shareholders of the company – Global Media Mirror Limited.
In a statement made available to LEADERSHIP, Jimoh further explained the reasons for his action. He said: “The decision is taken to reposition the magazine and make it relevant to modern developments, and as such, the magazine is due for corporate surgery.
“The remains of the magazine will now operate from 159-161 Broad Street, Marina, Lagos to enable us overhaul and reconstruct the old office.
The new office is equipped with modern day technology (including computers and ipads) and standard furniture. But regrettably, it will not house incompetent staff.
“Any staff that is not in agreement with the latest development is directed to collect any outstanding salaries from the Accounts department immediately.
The National Mirror went through this similar template of rebirth from the old National Mirror to the new National Mirror, which is now competing favourably with its peers.
“I commend the publishers of The News magazine for operating in a modern office with new technology, while I also see the TELL magazine’s facelift and rebranding as unprecedented in the history of Nigerian journalism.
Newswatch cannot be an exception to modern changes and the old style must go once and for all.
“I also thank the readers and customers, and I assure them that the magazine will return to the market as soon as the surgical operation is completed and the magazine is rebranded”.

-Leadership


Share your thoughts...thanks!