Nigerian Observer Bendel State, the predecessor of Edo State. The Rivers State newspaper "The Tide" did not mention the conflict with the teachers. During the administration of President Shehu Shagari (1979-83) the newspaper was subject to harassment by the police, with staff being detained and the premises shut, as were other papers belonging to state governments controlled by opposition parties. Early in 1989 worsening economic conditions forced the paper to close for some time. On 22 July 1993 the administration of General Ibrahim Babangida banned the "Nigerian Observer", as well as the "National Concord", "The Punch" and the "Daily Sketch". An analysis
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