NewsExpress advert FCMB banner
Jimoh Ibrahim breaks bank for Newswatch

By News Express on 13/12/2012

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 3,194

Lagos businessman, Barrister Jimoh Ibrahim, is not sparing any expense in his bid to make his forthcoming Newswatch newspaper a hit from day one. Newswatch, as previously reported exclusively by News Express, has been turned into a daily newspaper by Ibrahim after controversially taking over the 27 years old iconic magazine from the founding directors, Messrs Ray Ekpu, Dan Agbese, Yakubu Muhammed and Soji Akinrinade.

News Express learnt that Ibrahim has budgeted billions of naira for the newspaper and is paying one of the best wages in the industry. The salary differential is such that some people were lured with a salary more than double what they were earning in other big papers.

Another area in which Ibrahim, who is also publisher of the daily National Mirror, is displaying his financial muscle is in the packaging of Newswatch. News Express learnt that Ibrahim has directed the editors to make Newswatch a 96-page all-colour newspaper seven days a week. This would make Newswatch about double in size than some other Nigerian dailies.

“I can confirm to you that Daily Newswatch is 96 pages, Saturday Newswatch 96 pages and Sunday Newswatch 96 pages. Surprisingly, they are all-colour,” a reliable source involved in the packaging of the newspaper told News Express.

The source disclosed that the printing schedule has already been worked out and that the paper’s dummy is currently being produced.

“I can assure you that Newswatch newspaper will hit the market in a couple of weeks. First to come out will be the Saturday edition before the daily and Sunday titles,” the source said.

As earlier reported by News Express, staffers of the newspaper assumed duties on November 1 while those of the magazine are to start later – Ibrahim, who bought 51 per cent of the shares last year but suspended operations last August 7, having decided to turn it into both a newspaper and a magazine.

Source News Express

Posted 13/12/2012 12:15:23 PM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
No crisis in Kuje Prison, says Controller

MTN offers to pay N300 billion ($1.5bn) to...

Budget: FG to complete all 2016 projects

Kuje prisons fire: Group claims responsibility as Prisons...

DSTV: Court rejects Adegboruwa’s move to join plaintiffs...

Breaking News: National Assembly extends resumption date by...

Bayelsa APC Chairman, Deputy National Publicity Secretary move...

Trump to scrap visa programme for entrepreneurs

Agency serves notice of looming ban on use...

Of banks and cybersecurity

Buhari directs investigation of Gov. Aregbesola over purported...

Terrorism: NAF acquires security dogs, trains personnel on...


Latest News Victor Moses shoots down hosts Poland as Super Eagles begin 2018 World Cup preparation on victory note FG tackles Bill Gates over Buhari’s economic strategy Jonathan, South South Governors, others storm Yenagoa for Restructuring Rally Cholera, Lassa fever kill 14 in Bauchi Anambra guber: Tribunal fixes April 17 for hearing of case against Obiano Queen Elizabeth to start this year’s London Marathon 7.4m pupils benefitting from school feeding programme — Osinbajo Supreme Court orders retrial of Kenny Martins, others for alleged N7.74bn Police Equipment fraud CBN sustains intervention in foreign exchange market with $339.89m Akeredolu remains Ondo Governor — APC Technological Development: FG ready to partner Techno Land Use Charge: Lagos Peoples’ Assembly throws weight behind Ambode •Brands Ikeja NBA mercenary tools of politicians


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (333,026 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (325,933 views) Shameless Genevieve Nnaji exposes breasts in public (261,433 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (214,901 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (198,391 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (192,939 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (168,166 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (150,826 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (143,500 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (133,738 views) Lagos plane crash: Journalist releases victims’ names (133,013 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (126,229 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (35) Business & Economy (2,984) Business Verdict (36) Columnists (817) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (456) Features (554) Global Business Monitor (241) International (1,863) Interview (146) Live Commentary (28) Love Matters (114) News (33,862) Opinion (898) Pidgin (10) Politics (4,636) Religion (703) Sports (1,458) Stock Watch (28) AMA & Al Jazeera Global Update



NLNG Science and Literature Prize Awards




Football Highlight -- BARCELONA - CHELSEA 3:0


APO Group Partner




REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera