Elections: Investors Cautious as Stock Market Crosses N30trn Market Capitalisation Bonds rise as Tinubu leads in pivotal election tally Kayode Tokede Amid the tension associated with
the 2023 general elections, the stock market of the Nigerian Exchange Limited (NGX) yesterday crossed
the N30 trillion mark in terms of market capitalisation, setting a new record as domestic investors shunned
high risk stocks and focused more on investment in fundamental stocks. However, Nigerian bonds are
posting some of the best gains in emerging markets as investors bet that ruling-party candidate Bola
Tinubu, who’s taken an early lead Continued on page 10
Presidential Poll: A Time for Restraints ... Page 22 Tuesday 28 February, 2023 Vol 28. No 10184. Price: N250
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Obasanjo, Abdulsalami Fault Manual Transmission of Election Results When Law Stipulates Electronic Reporting Call for setting up of committee to look at discrepancies Peace committee demands probe of electoral malfeasance Tinubu to president: don’t allow Obasanjo lure you into tainting your democratic credentials Onyebuchi Ezigbo, Emmanuel Addeh in Abuja and James Sowole in Abeokuta
Former President Olusegun Obasanjo and the National Peace Committee led by former Head of State, General
Abdulsalami Abubakar have faulted the manual transmission of election results by the Independent National
Electoral Commission (INEC), as against the electronic transmission which it ought to be.
Obasanjo, yesterday called on President Muhammadu Buhari and the INEC to quickly rectify
observed gaps in the just-concluded Continued on page 11
The World Moves against Nigeria’s Tainted Polls US, EU, AU, ECOWAS, Commonwealth condemn lack of transparency by INEC PDP, LP, two others stage walkout, more results come in Collation process can only be reviewed after exercise, says Yakubu IG warns parties, candidates, others against inciting violence Obi breaks record, Tinubu lu'le in Lagos Story on page 11
2023 PRESIDENTIAL ELECTION RESULTS ANNOUNCED SO FAR STATE
APC
LP
NNPP
PDP
EKITI ONDO KWARA OSUN OGUN LAGOS OYO YOBE AKWA IBOM ADAMAWA ENUGU GOMBE JIGAWA KATSINA NASARAWA
201,494 369,924 263,572 343,945 341,554 572,606 449,884 151,459 160,620 182,881 4,772 146,977 421,390 482,283 172,922
11,397 47,350 31,166 23,283 85,829 582,454 99,110 2,406 132,683 105,648 428,640 26,160 1,889 3,676 191,361
264 930 3,141 713 2,200 8,442 4,095 18,270 7,796 8,006 1,808 10,520 98,234 69,386 12,715
89,554 115,463 136,909 354,366 123,831 75,750 182,977 198,567 214,012 417,611 15,749 319,123 386,587 489,045 147,093
ACCESS HOLDINGS SIGNING OF $300M INTRA-AFRICA TRADE FACILITY... L-R: Managing Director Access Bank PLC, Roosevelt Ogbonna; President/Chairman, Board of Directors, Afrexim Bank Professor Benedict Oramah and GMD/ CEO, Access Corporation, Dr. Herbert Wigwe, during the Access Holdings signing of $300m intra-Africa trade facility in Cairo, Egypt... yesterday