EXCLUSIVE: Toni Kan, partner sell sabinews.com in multi-million naira deal

Toni Kan

Six months after the launch of their news website, thisislagos.ng, Toni Kan and his partner Peju Akande, have announced the sale of their news website sabinews.com which was launched in May 2014.

The site was described by reboot.org a United States of America based social impact firm, in a survey of African websites as one of the best niche websites in West Africa which has “employed the power of differentiation to set itself apart and win the loyalty of audiences comparable to much bigger organisations.”

Reboot.org also said that sabinews was set apart as a digital news and opinions platform on account of its popular columnists.

Sabinews was, according to sources close to the duo, bought by a new media company, which is an offshoot of one of Africa’s biggest e-commerce conglomerate in a deal said to be worth millions.

An official statement is expected to be released soon.