NEXT newspaper, printed in Lagos, did not appear on newsstands this weekend. Publisher Dele Olojede, a former foreign editor for New York's Newsday, said NEXT was "losing a lot of money" and decided to stop its print edition to reevaluate its finances.
Olojede said it was possible the newspaper could begin publishing again. However, the newspaper's advertising dwindled in recent months, forcing it from publishing six days a week to only on Sunday.
The newspaper's crusading political stance also hurt ad sales, as the salutatory advertisements heaping praise on politicians and the country's elite that fill other publications never made it into its editions.
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