The printing of the flagship title The Daily Times resumed after the assumption of ownership in earnest from 2006 until 2009, partially to satisfy the embedded requirements contingent upon the Enterprise Sale Deed while company turnaround and restructuring continued.

[4][5] The company resolved to acquire the African Messenger published by Ernest Ikoli and takeover the publication of Reuters news bulletin to service the business community.

The Nigerian Daily Times described it as "a grand idea, and imposing structure, resting on rather weak foundations ... we wish to declare emphatically that this country will not be satisfied with an inferior brand [of education] such as the present scheme seems to threaten".

[3] When Nnamdi Azikiwe ("Zik") launched his West African Pilot in 1937, dedicated to fighting for independence from British colonial rule, many established papers such as the Nigerian Dailytimes lost a large part of their audience.

King introduced the first privately owned rotary printing press in Nigeria, plus photo-engraving, typesetting and typecasting plants.

The Mirror Group introduced popular innovations such as short paragraphs and sentences, many illustrations and photos, and human interest stories.

In 1979 the Evening News, owned by the Daily Times, published an article saying that Chief Rotimi Williams was being sued by the children of a deceased client.

[19] In 1981 the editor, Tony Momoh, was summoned to appear before the Senate led by its president, Joseph Wayas, on charges of contempt.

[20] In a 1983 editorial the Daily Times stated "[T]he rate of corruption, bribery, indiscipline, immorality, cheating, idleness, drug addiction, armed robbery, smuggling and other vices has currently assumed an alarming proportion in this country".

In April 1990, the editor of The Punch was arrested for publishing a cartoon that implied Nigerians were unhappy that a recent attempted coup by Gideon Orkar had failed.

Ugochukwu played a conciliatory role between the press and the military government until he resigned from the paper as executive director of publications in 1994.

On 16 December 1998, shortly before the return to civilian rule, hundreds of workers of the Daily Times began an indefinite strike because their salaries were five months in arrears.

[22] Under the civilian administration of President Olusegun Obasanjo, the Bureau of Public Enterprises started the process of returning the Daily Times to private ownership.

[24] Later, Folio did pay some of the employees who had been laid off when the newspaper was closed in 2007, but many had not been paid by 2010 despite efforts by their union to obtain the money owed them.

According to the main owner, Fidelis Anosike, the Dailytimes had large real estate holdings but the equipment and buildings were obsolete.

When Okoye and his friend, Senator Ikechukwu Obiorah, realized the extent of the real estate assets, they started planning a hostile takeover and initiated court proceedings to prevent the company being turned around before then.

[23] In April 2010 the Attorney-General of the Federation filed a 21-count charge of conspiracy and stealing of over N3 billion worth of property belonging to Dailytimes Nigeria against the brothers Fidelis and Noel Anosike, owners of Folio Communications.

[26] A Lagos High Court also cleared Senator Ikechukwu Obiora from being investigated by the police over an alleged issuance of dud cheques to Folio Communications.