Lagos - The publisher of National Mirror and Daily Newswatch newspapers, Barrister Jimoh Ibrahim, has acquired Compass newspaper, Punch reports.
Compass newspaper is owned by a former Governor of Ogun State, Otunba Gbenga Daniel.
It was gathered that the deal, which had been in pipeline for several months, was eventually sealed early this week.
The newspaper was said to be embroiled in serious financial issues in the past which has led to many workers resigning or being laid off by the management.
Read more at Punch