NEWSROOM

PricewaterhouseCoopers consults on restructuring of DTN

Renowned consulting firm PriceWaterhouseCoopers has assumed duty as strategy consultants as part of efforts to restructure the The Daily Times of Nigeria plc and revive its titles. PWC will lead efforts to design and implement a turn around plan for the organisation. According Mr. Fidelis Anosike, Chairman, Daily Times of Nigeria plc and chief executive of Folio Communications Ltd, the Core/Strategic Investor the effort is in line with the objective of developing a business strategy for the period 2008 -2010 for the organisation.  PWC will work to develop a three-year business plan and define required effort to support senior management in executing the plans.

Mr. Teddy Ngu, a Cameroonian, with training at the Wharton School and broad experience in consulting with renowned firms including the Boston Consulting Group leads the four-person team of experts.
 

DTN mourns Jideninuola Dehinsilu

Award winning photojournalist, Jide Dehinsilu is dead. Jide died on Friday April 18, 2008 and was buried on Friday, May 2 2008. Until his death, Jide was acting Photo Editor of Daily Times. Mr. Dehinsilu spent the last five years of his career in the service of the company.

Speaking at the lying-in-state of the late Jide at the National Stadium, Surulere, the Chairman of Daily Times, Fidelis Anosike, urged those living to emulate many enviable attributes of the deceased. Describing the late photojournalist as “a good man,” Mr. Anosike urged his friends and colleagues not to weep over his death but to begin to consider how best they can contribute to keep his family on. Adeyinka, his wife, a daughter and three sons, survive the late Jide.

 The Daily Times was fully represented at his funeral. Jide was a key member of the Lagos chapter of the Sports Writers Association of Nigeria (SWAN). SWAN played a key role at his funeral.

Business Times, Lagos Weekend herald return of The Times
Soon and very soon, Nigerians will read The Times again.

Beginning May 2008, beloved titles from the stable of The Daily Times of Nigeria plc will return to the stands, heralding the commencement of a long-term transformation effort. Mr. Stanley Egbochuku, managing director and Editor-in-Chief, states that the restructuring effort would commence with publication of Business Times.

Nigeria’s first specialist business publication, Business Times will return initially as a weekly presentation of  informed business and financial intelligence  before scaling up to a daily frequency.

Editor in chief Stanley Egbochuku was a pioneer staff of the then Business Tines and later edited Business Concord  in the stable of Concord Press. He was also lately editor in chief of Businessday, Nigeria’s first business daily publication.  Egbochuku promises that, as a weekly Business Times would offer a robust package of information and guidance on the key business issues of the day placed in perspective with political and social developments.

Following on the heels of Business Times is Lagos Weekend, which returns after more than a decade off the stands. Lagos Weekend is a light entertainment, culture-focused weekend newspaper. It will sell on Fridays and set the agenda for culture and entertainment in Nigeria’s commercial capital and pace setter for other cities. Lagos Weekend will emphasise matters of style, culture, lifestyle and healthy living, as well as etiquette.

Poet, writer and peasant theatre director Uzor Maxim Uzoatu, editor, promises a rich package that would stimulate the senses and satisfy the reading pleasure of discerning consumers who want to escape from the stress of the week. Lagos Weekend will provide guidance for the weekend and the week ahead on cultural, entertainment and leisure matters across Nigeria.
 

Outstanding Periodicals from The Daily Times: 1^st October and Nigeria’s Top Employers Handbook

Two innovative publications are making an entry to signal the determination of the management of The Daily Times of Nigeria to stake a claim for leadership of the market for non-newspaper periodicals. The outstanding titles are 1^st October, now in its second issue, and Nigeria’s Top Employers Handbook.

1^st October is an annual compendium on Nigeria, presenting the facts, figures, history and potential of Nigeria for readers in an encyclopaedic fashion. The current issue contains 340 pages of detailed information, analysis and commentary on various aspects of national life.

Highlights include:

•   The 7-Point Agenda of the Musa YarÁdua Administration.

•   The Niger Delta Master plan, in full.

•   The Glories of Nigerian Literature, in 50 Years of the epochal Things Fall Apart.

•   Where to go in Nigeria, the tourism treasures of Africa’s largest black nation.

•   Making Money on the Nigerian Stock Exchange: A guide

•   The post consolidation moves of Nigeria’s mega banks

•   Nigeria’s road to becoming the next China

1^st October, a reference guide, sells for N10, 000 and provides knowledge that empowers. Proactive corporate bodies and organisations, in appreciation of its quality, are collaborating with publishers Daily Times of Nigeria/Folio Communications, to print customises copies of 1^st October as corporate social investment for donation to libraries, schools, universities and other public institutions.

Nigeria’s Top Employers is a first of its kind publication that would provide comprehensive and independent profiles of the topmost companies in Nigeria.

Nigeria’s Top Employers Handbook offers incisive and compelling insights into some of the smartest and most forward thinking companies in the country as well as analysis of the nature and character of enterprise development in Nigeria. PriceWaterhouseCoopers will provide technical guidance for what promises to be a personnel management and CSR primer in Nigeria and an invaluable tool for understanding of the practices of the best companies.