The Folio Communications Limited has proclaimed a change of name for the foremost journalism school, the Times Journalism Institute (TJI) to Folio Multimedia Academy (FMA), reports ITREALMS.
This is coming as Folio has unveiled a new mast head for The Daily Times newspapers brand with reinvigorated editorial board team made up of high caliber personalities and professionals with Prof. George Obiozor as editorial adviser.
Disclosing this to ITREALMS, the Group Managing Director of Folio Communications Limited, Mr. Aliu Akoshile, said during a virtual meeting that its part of the ongoing rebranding processes to rebirth the brand to take its rightful place in the Nigerian and global media industry.
The renaming, he said, became imperative to reposition the TJI brand within the new awakening around digital media sphere and ownership.
Also, he disclosed that they are in advanced discussion with some higher institutions both within Nigeria and internationally for affiliations for the Folio Multimedia Academy.
Akoshile equally told ITREALMS that although the discussions have not been consummated, but they are optimistic of signing Memorandum of Understanding (MoU) in no distance time.
The academy, he said, is expected to take off in 2021.
In addition, The Daily Times, he said, has in its archive, rare photographs that spans 95 years currently and they are planning to mark the centenary in 2026 in a grand style.
Daily Times, he told ITREALMS is one of Nigeria’s oldest newspapers having issued its first publication in 1925 and was privatized by the Olusegun Obasanjo-led government in 2004.
Further, Folio Communications, he also told ITREALMS, will be publishing a compendium soon to mark the Nigeria at 60 with some and genuine historical facts only available to The Daily Times.
ITREALMS, recalls that Folio Communications Ltd, paid some N1.25bn to emerge the preferred bidder and become owners of Daily Times of Nigeria Plc with the Federal Government of Nigeria holding 96.05 per cent shares via the NICON Insurance Plc. The bid was supervised by the Bureau for Public Enterprises (BPE).
Chuks Egbune/Editor
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