LEADERS & COMPANY LTD (Registration No. 214
307) began trading in January 1995. Its flagship
newspaper, THISDAY, was first published on January 22 1995.
Despite entering a crowded newspaper market, which was then
home to more than 25 serious national dailies, 10 national
newsmagazines and several periodicals, THISDAY quickly established
itself as Nigeria’s premier newspaper of record. In
its first year of publication, it won the prestigious Newspaper
of the Year award, which it retained for three consecutive
years. Its editors and writers have also won several national
and international awards for news coverage, presentation
and robust commentary.
THISDAY was the first newspaper in Nigeria to introduce
full-colour printing from its own presses in 1997. It is
the first and only newspaper in Nigeria to use satellite-enabled
networks to print simultaneously at two printing plants,
in Lagos and a new multi-million dollar complex in Abuja,
ensuring that the newspaper offers the same breaking news,
on the same day, at the same time, across the vast country…
Today, THISDAY has some 700 staff members in 38 offices
across Nigeria. It also maintains a bureau in Washington,
DC from which it provides news on Africa to a variety of
global news organisations and agencies across all platforms
from the World Wide Web to radio, television, and cable
to satellite. THISDAY has a daily circulation of 100,000
copies and 120,000 on Sundays. In Nigeria, THISDAY has a
daily readership of 4 million readers everyday. Its newspaper
operation has an annual turnover of about N2.5 billion (about
US$20 million).
Nduka Obaigbena
THISDAY founding Editor-in-Chief and Chairman, Nduka Obaigbena,
attended the prestigious Edo College, Benin City, and the
University of Benin where he took an honours degree in Creative
Arts. He has attended professional and management courses
in Nigeria, the United Kingdom, the United States, and in
South Africa at the University of Witswatersrand and the
University of Cape Town (Graduate School of Business) for
an Advanced Management programme.
He started his journalism career at Nigerian Observer in
1978 as a satirist, writer and cartoonist, and later became
co-ordinating Editor of The Dawn monthly magazine. He later
left for the UK where he worked with advertising agency
NAL and as a media specialist consultant with Michael Jarvis
and Partners.
He had a brief stint with Newsweek Magazine in 1984 as
a Special Section Representative before moving over to TIME
Magazine in 1984 where he helped develop Special Surveys
and Country Sections. He was later appointed TIME Magazine
Representative for English-speaking sub-Saharan Africa.
He developed several Country Sections for TIME Magazine
in Nigeria, Kenya, Morocco and Zimbabwe during this time.
He became Editor-in-Chief of THISWEEK magazine in 1987
and in 1991 ran for the Senate of the Federal Republic of
Nigeria. In 1994, he was elected a member of the Constitutional
Conference, which drafted the current Nigerian Constitution.
He founded LEADERS & COMPANY LTD (THISDAY Newspapers)
in 1995.
In 1990, Obaigbena was appointed a member of the Sub-Committee
of the Technical Committee on Privatisation and Commercialisation
for the privatisation of the Nigerian National Shipping
Lines, and the commercialisation of the Federal Radio Corporation
of Nigeria (including the Voice of Nigeria, VON). In 1999.
He was appointed a member of the Delta State Government
Think Tank that wrote the blueprint for the economic revitalisation
of Delta State (The Niger Delta) where most of Nigeria’s
oil is produced. He was Convener of the Nigeria Investment
Summit along with the International Monetary Fund (IMF)
and the World Bank (Programme of Seminars) in 1997 and 1999
in Washington, DC.
He has been a keynote speaker at several national and international
for a, including the World Bank and IMF-sponsored Poverty
Reduction Strategy Paper Conferences in Dakar, Senegal and
Washington DC. In 2002, he was appointed Chairman of Cross
Debts Sub-Committee on 20 Federal Government parastatals
being prepared for privatisation, including the national
power company, Nigerian Electric Power Authority, Benue
Cement Company, Gboko, Sokoto Cement Company and the Nigerian
Cement Company, Nkalagu among several others. He then worked
with the main committee in creating a Cross Debt Matrix
for all Federal Government parastatals including the national
oil company, Nigerian National Petroleum Corporation and
several oil majors.
Obaigbena, who is married and blessed with seven children,
is a keen sportsman and public affairs commentator. He is
also publisher of AFRIUCAN MARKETS magazine – an IMF/WORLD
BANK Annual Meetings publication.
THISDAY SOUTH AFRICA
INTRODUCING A MEDIA GIANT THAT COVERS AFRICA FIRST AND
THEN THE WORLD
SOME CALL IT THE CRADLE OF HUMANITY. WE CALL IT FRONT PAGE
NEWS
THISDAY Newspapers isn’t about the political landscape
in Europe or America. It isn’t about the economic
upheavals in South America or the challenges of immigration
in Australia. It’s about Africa, its people, its problems
and above all its potential.
That doesn’t mean we don’t cover world affairs,
just that we report events in the international arena with
African eyes and ears and whilst we offer an African perspective
on the world, every story, every feature article and every
photographic essay is driven by the passionate pursuit of
truth, and our opinions pages reflect the balance of reason
so you can be sure you’re getting insightful and well-researched
information.
THISDAY, one of the biggest circulating newspapers in Africa
is now launching in South Africa. Finally, an African point
of view on affairs in the continent and the world has arrived.
A COMMITMENT TO TELL THE AFRICAN STORY WITH INTEGRITY.
Ever since its inception in 1995, THISDAY has fiercely
guarded the values of free enterprise, anchored on social
justice and democracy. This uncompromising commitment to
journalistic integrity has seen the paper grow into a powerful
voice in African media often bringing the world the untold
stories of the continent.
Today we are major providers of African news to a variety
of global news organisations from newspapers to news agencies,
from the world-wide web to radio, television, cable and
satellite platforms. That is why, day after day, we tell
the African story with integrity in the global marketplace.
A LEADER IN MEDIA TECHNOLOGY.
Making sure that breaking news reaches its audience as
quickly as possible, THISDAY has been a pioneer in media
technology and remains the first newspaper from Sub-Saharan
African using satellite enabled networks to provide news
to some of the remotest villages, real-time. In order to
maintain this leadership in cutting-edge infrastructure,
its new South African headquarters in Sandton, Johannesburg
is one of the most technologically advanced media centers
in the world.
EXPANDING INTO NEW HORIZONS – THISDAY MEDIA
STORES.
In keeping with its fundamental mission to spread news
of quality across the continent and becoming the dominant
provider of the African perspective in the global arena,
THISDAY is expanding in South Africa with 77 stores, 71
of which were recently acquired from CNA.
THISDAY MEDIA STORES will soon retake leadership in its
core offerings of books, magazines, CD’s, DVD’s
and all related products of value that will honour our maxim:
read, write, create. THISDAY MEDIA STORES deepens and diversifies
our media assets in retail and distribution as we expand
the frontiers across Africa.