The only evening newspaper
currently running in Nigeria, PM News is set to quit newsstand with
effect from Monday, 29th, June, 2015.
it was learnt that the newspaper will however remain online.
Feelers around PM News say the newspaper took the decision following high cost of
operation including the cost of purchasing newsprint, circulation and
all other cost.
We gathered that certain categories of
staff will also be laid off following its decision to remain online.
The newspaper has been owing staff eight months salaries and there is
yet to be a compromise on how management intends to pay the arrears.
PM News started publishing since 1994 and it has been present on the newsstand everyday except on Saturdays and holidays.
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