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Friday, March 29, 2024

Re:  Sell Of Champion Newspapers Limited

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The attention of Champion Newspapers Limited has been drawn to a misleading publication insinuating that Champion Newspapers Limited is for sale.  We want to make it categorically clear that Champion Newspapers Limited at the moment is not for sale.  The truth is that Champion Newspapers Limited is a tenant of the Champion House which is owned by Iwuanyanwu Holdings & Properties Limited.

 

Iwuanyanwu Holdings & Properties Limited has served notice to Champion Newspapers Limited of its intention to sell the property.

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The Board of Directors of Champion Newspapers Limited regrets to observe that Champion Newspapers Limited has done badly in the past few years and therefore have decided to reorganize the company.  For example, it is intended to have a simultaneous printing in Abuja, Owerri and Lagos.

 

All other insinuations by any person or groups of persons are entirely false and should be disregarded.

 

 

 

JOSEPH C. AHANEKU

Company Secretary.

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