^^^^^
You are echoing my points.

Olojede is a smart journalist. if we can support our own at this time, then we are sure we wont go into oblivion.

babaearly:

Olojede is a smart journalist. if we can support our own at this time, then we are sure we wont go into oblivion.

He's a smart journalist, but is he a smart entrepreneur?

You are a top journalist does not mean you will be a top publisher.

mbulela:

N800m Stolen at THISDAY
•7 arrested, 2 on the run
05.19.2010

THISDAY Newspapers has lost over N800 million to fraudsters in the employ of the company.
The fraud was perpetrated through the collaboration of Accounting, Audit and Circulation sales staff over the last one year.

The figures are jut not adding up. Was the mangement asleep? It's the same Thisday style, crying wofl for nothing.

what most people are forgetting about the thisday's caper is that the money missing, is from SALES!!!! not profit

and the total sum was not lost in a month, but over a year.

lets do the maths, 800/12 equals approx 67 million

add that to the probable profits from other parts of its units/fronts, the said shortfall could continue unnoticed.

in a business that does sales on a national scale, 60 million is chicken change.


looking at the story carefully, how could the upper management notice when the sales auditor is the one tapping the cash