Nigerian Observer Nigerian Observer The Nigerian Observer is a daily newspaper published in Benin City, Edo State, Nigeria. It has been published since 29 May 1968. The publisher, Bendel Newspapers Company Limited, is owned by the Edo State Government. In 1973, a correspondent for the "Nigerian Observer" wrote an article about an impending teacher's strike in Rivers State, which was published on the Governor Alfred Diete-Spiff's birthday. Taking this as a deliberate insult, Diete-Spiff's aide Ralph Iwowari had the reporter's head publicly shaved and had him beaten with 24 lashes of a cane. At that time the "Nigerian Observer" was owned by
Nigerian Stock Exchange Nigerian companies are also allowed multiple and cross border listings on foreign markets. On July 7, 2017, the Nigerian Stock Exchange suspended 17 companies for failure to adhere to regulatory provisions of the law on corporate governance and extant post-listing guidelines. The Nigerian Capital Market was deregulated in 1993. Consequently, prices of new issues are determined by issuing houses and stockbrokers, while on the secondary market prices are made by stockbrokers only. The market/quote prices, along with the All-Share Index plus NSE 30 and Sector Indices, are published daily in The Stock Exchange Daily Official List, The Nigerian Stock Exchange