The Daily Times of Nigeria holds a special place in the country’s media history as one of the oldest and most influential newspapers. It was established in 1926 as the Nigeria Printing and Publishing Company. It quickly grew into a trusted voice that shaped public opinion, informed citizens, and provided a platform for national discourse long before Nigeria gained independence. At its peak, the Daily Times was regarded as the “newspaper of record” in Nigeria, combining authoritative reporting with cultural and social relevance and had over 20 titles in its stable.
The Federal Government of Nigeria took over the company by acquiring 96.5% in 1975 and for several years afterwards, the company was getting ₦400 million in annual grant from the government.
In 2003, the government’s shareholding was offered to the public in an offer which received no tangible response. Another attempt was made in 2004 through the Bureau of Public Enterprises, BPE and Folio Communications Limited was considered and adjudged the preferred bidder after a transparent and rigorous public bidding process which was televised nationally.
For decades, the paper was at the forefront of journalism, offering balanced coverage of politics, business, culture, and sports. It became the training ground for some of Nigeria’s most respected journalists, editors, and media leaders. Its newsroom was a hub of creativity and professionalism, setting standards for investigative reporting and editorial excellence. During the post-independence years, the Daily Times played a critical role in chronicling Nigeria’s nation-building journey, capturing both its triumphs and challenges.
The newspaper’s golden years were marked by impressive circulation numbers, reaching millions of readers across the country. Its ability to connect with both urban elites and rural populations made it a unique institution.
However, like many legacy media organizations, the Daily Times faced challenges in later years. Political interference, ownership tussles, and the advent of digital disruption weakened its dominance.
In recent years, there have been efforts to revive the brand and restore its reputation. These attempts highlight not just nostalgia but also recognition of the enduring value of credible journalism. With Nigeria’s media industry undergoing rapid transformation, the story of the Daily Times serves as both a cautionary tale and an inspiration: a reminder of how institutions can rise, falter, and potentially reinvent themselves in response to changing times.
The Daily Times of Nigeria remains a landmark in the country’s press history—a testament to nearly a century of storytelling, national reflection, and journalistic impact.
