The Managing Director/Editor-in-Chief of The Sun Newspaper, Mr. Eric Osagie, has resigned his appointment.
He resigned a few minutes ago following expiration of his term.
A source close to the paper told our correspondent that the management of the Newspaper have been in a meeting since morning over the expiration of the term of the MD.
The source however could not confirm the exact outcome of the managemnet meeting.
The Daily Sun is a Nigerian daily print newspaper founded and published in KiriKiri Industrial Layout, Lagos, Nigeria. As of 2011 The Sun had a daily print run of 130,000 copies, and 135,000 for weekend titles, with an average of 80% sales. This made The Sun the highest selling newspaper in Nigeria.
The Daily Sun was incorporated on March 29, 2001. It started production as a weekly on January 18, 2003, and as a daily on June 16, 2003.
The target audience is young adults in the 18 – 45 years age bracket and in the A, B and C social economic class.The paper is similar in format to the popular Sun newspaper of the United Kingdom.
The chairman of the publishing house is Dr. Orji Uzor Kalu, a former governor of Abia State. The first Managing Director/Editor-in-Chief was Mike Awoyinfa.
In January 2010 there was a shake-up in which Tony Onyima succeeded Awoyinfa, and the first Deputy Editor-in-Chief, Dimgba Igwe, was replaced by Femi Adesina.
Awoyinfa and Igwe remained as directors on the company’s board. Adesina replaced Onyima in December 2013. In June, 2015, Mr. Eric Osagie succeeded Mr. Femi Adesina as Managing Editor/Editor-in-Chief of The Sun Publishing Limited.