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The Edo State Government and the immediate past administration are at loggerheads over revelations by former aviation minister, Osita Chidoka regarding the state governorship election on September 21. Chidoka, during a programme on Channels Television on Friday, criticised the conduct of the election, alleging that it was rigged. In response, Governor Monday Okpehbolo’s Chief Press Secretary, Fred Itua, in a statement released Saturday, said Chidoka’s Athena Centre did not cover substantial parts of the state during the election. He stated further that representatives of the Athena Centre were stationed at the Edo State Government House under the supervision of former Governor Godwin Obaseki to manipulate figures. He said, “On Friday, 29th of November, 2024, Osita Chidoka decided to throw his toys around on behalf of the Peoples’ Democratic Party, as bad losers do. In a well-orchestrated plot hatched by the PDP, in connivance with a serial defector featherweight politician from Anambra State, Osita Chidoka, they tried to bully and blackmail the judiciary into circumventing the will of Edo people. The shameful display, which was unfortunately aired on a once-respected national television, Channels TV, reeled out numbers purchased from ‘Oluwole Market,’ and impetuously concluded that the 21st September governorship election in Edo State was rigged. “Unfortunately, Osita Chidoka’s Athena Centre did not cover the election in substantial parts of the state. They sat in Edo State Government House under the supervision of ex-Governor Godwin Obaseki to concoct and orchestrate figures and numbers to suit their mindset. “First, the factional chapter of the Peoples’ Democratic Party in Edo State is blind to the glaring reality that the party was spurned by Edo people in the last governorship election because of their weakness as their own enemies. “Overlooking its messy and divided house, the party is shopping for non-existent evidence to upturn the popular will of the people at the Tribunal. What exactly is the intention or benefit of orchestrating a media trial, as Mr. Chidoka has done? It amounts to deliberate ambush. “Even though the PDP and its hatchet man understand that discussing an issue that is sub-judicial is wrong, they are unremitting in their shambolic plot to supplant facts with concoctions, hoping to arrive at their premeditated end. “This case is already in the tribunal; it should be allowed to run its full course without inhibitions. Thankfully, courts do not pander to concoctions, prevarication, sentiments, red herrings, contradictions, and orchestrations but rely on evidence and facts. “We are hopeful that the judiciary will remain firm in the face of this blackmail, intimidation, and orchestrated media attacks. “The recent attempt by the PDP and their serial defector, Osita Chidoka, to arm-twist logic and employ demagoguery to whip up sentiments amounts to the last cry of a bull as the butcher’s knife serrates its chord; and nothing more. Related News Traffic offenders to do community service in Edo Cheers and jeers: Mixed reactions as Okpebholo begins reforms in Edo Inauguration of Stella Obasanjo Hospital by Obaseki disgraceful - Okpebholo “We are aware that former Governor Godwin Obaseki and some PDP leaders in Edo State, along with their supporters, held a meeting during the week with online merchants and editors of leading newspapers, where it was decided that media trial would be their pattern to discredit the credible Edo election of 21st September. “The truth of the matter is that INEC conducted a very free, fair, and violence-free election acknowledged by domestic observers in their reports. Even the PDP leadership in Edo State, in its review and report, acknowledged that the APC won the election. The latest drama by Osita Chidoka amounts to merely beating about the bush, trying to rake up mud against the election. The PDP should allow the tribunal to do its job in line with established procedures. “We can see that they have recourse to social media, national newspapers, and pliable television stations to push their ugly narratives that Governor Okpehbolo did not win the 21st September governorship election in Edo State. “By this, we make them aware that Governor Monday Okpehbolo is making good progress in office as the duly elected governor with an irrevocable mandate for the next four years.” However, media aide to Obaseki, Crusoe Osagie, said the revelation clearly threw the Edo State governor and his allies into a frenzy. He said, “The independent analysis by the Athena Centre for Policy and Leadership, a non-partisan research institute, of the sham election that installed Monday Okpehbolo as governor of Edo State clearly threw the governor and his godfathers into a frenzy. “Channels TV, in their show, Politics Today, laid bare the mindless and unprecedented transgressions of the Independent National Electoral Commission and their conspirators, the Edo All Progressives Congress. The show must have been a difficult 30 minutes even for the most vile criminal. “Taunted by overwhelming evidence and data exposing the systemic rigging and brazen subversion of the people’s will during the September 21 governorship election, the APC, rather than covering their faces in shame, resorted to a smear campaign, lies, and propaganda to distract from the daylight robbery and undermine the integrity of institutions advocating for the judiciary to right the wrong of the electoral umpire and their conspirators. “The independent analysis broadcast yesterday is the outcome of a forensic examination of data and documents made available to the research institute by the Independent National Electoral Commission. It revealed widespread manipulation and substantial interference in the electoral process by the umpire. But the APC, a party to the robbery, would rather have the findings dismissed, distorted, or buried under a barrage of propaganda and baseless accusations. “Among other things, the centre uncovered shocking discrepancies in the election results, showing that INEC inflated the number of accredited voters by over 100,000 in 798 polling units. They also discovered that polling officers recorded 580,000 accredited voters, yet INEC’s backend mysteriously produced 687,000, further buttressing evidence of deliberate tampering with the election. “There were glaring inconsistencies between INEC’s certified results and the data uploaded to its Result Viewing Portal (IReV). Specifically, the forensic analysis revealed that PDP’s results were slashed by 11,665 votes during collation, while 32,284 votes were illegally added to APC’s tally, demonstrating the brazen manipulation and fraud perpetrated against the people of Edo State during the last governorship election. “While we sympathise with the APC over their trauma from the public exposure of their electoral fraud in Edo State by the Athena Centre, we restate our resolve to reclaim the mandate duly given by the good people of Edo State. “We trust in the impartiality of the judiciary and are confident they will rise above the distractions and intimidation tactics of the APC, ensuring justice is served and the will of the people prevails.”AP News Summary at 6:33 p.m. ESTCerity Partners LLC raised its position in AXIS Capital Holdings Limited ( NYSE:AXS – Free Report ) by 61.5% during the third quarter, HoldingsChannel reports. The firm owned 52,236 shares of the insurance provider’s stock after purchasing an additional 19,892 shares during the period. Cerity Partners LLC’s holdings in AXIS Capital were worth $4,158,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AXS. Versant Capital Management Inc raised its holdings in shares of AXIS Capital by 55.6% during the 2nd quarter. Versant Capital Management Inc now owns 462 shares of the insurance provider’s stock worth $33,000 after acquiring an additional 165 shares during the period. GAMMA Investing LLC raised its holdings in shares of AXIS Capital by 80.4% during the 2nd quarter. GAMMA Investing LLC now owns 507 shares of the insurance provider’s stock worth $36,000 after acquiring an additional 226 shares during the period. Point72 Asia Singapore Pte. Ltd. raised its holdings in shares of AXIS Capital by 32.6% during the 2nd quarter. Point72 Asia Singapore Pte. Ltd. now owns 602 shares of the insurance provider’s stock worth $43,000 after acquiring an additional 148 shares during the period. Blue Trust Inc. raised its holdings in shares of AXIS Capital by 424.6% during the 3rd quarter. Blue Trust Inc. now owns 1,217 shares of the insurance provider’s stock worth $97,000 after acquiring an additional 985 shares during the period. Finally, Capital Performance Advisors LLP purchased a new position in shares of AXIS Capital during the 3rd quarter worth $99,000. Hedge funds and other institutional investors own 93.44% of the company’s stock. AXIS Capital Stock Performance Shares of AXIS Capital stock opened at $93.04 on Friday. AXIS Capital Holdings Limited has a one year low of $53.49 and a one year high of $94.39. The company has a market cap of $7.78 billion, a PE ratio of 13.02, a P/E/G ratio of 0.32 and a beta of 0.90. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 0.60. The business has a 50-day simple moving average of $82.53 and a 200-day simple moving average of $76.45. AXIS Capital Announces Dividend The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Monday, September 30th were issued a $0.44 dividend. This represents a $1.76 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date of this dividend was Monday, September 30th. AXIS Capital’s dividend payout ratio (DPR) is 24.41%. Analyst Upgrades and Downgrades Several brokerages recently issued reports on AXS. Jefferies Financial Group boosted their price objective on shares of AXIS Capital from $88.00 to $95.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Keefe, Bruyette & Woods boosted their price objective on shares of AXIS Capital from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Wednesday, November 6th. Bank of America boosted their price objective on shares of AXIS Capital from $81.00 to $96.00 and gave the company a “buy” rating in a report on Thursday, October 10th. UBS Group boosted their price objective on shares of AXIS Capital from $92.00 to $98.00 and gave the company a “buy” rating in a report on Monday, November 4th. Finally, TD Cowen lifted their target price on AXIS Capital from $118.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday. One investment analyst has rated the stock with a sell rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.14. Check Out Our Latest Report on AXS About AXIS Capital ( Free Report ) AXIS Capital Holdings Limited, through its subsidiaries, provides various specialty insurance and reinsurance products in Bermuda, the United States, and internationally. It operates through two segments, Insurance and Reinsurance. The Insurance segment offers professional insurance products that cover directors' and officers' liability, errors and omissions, employment practices, fiduciary, crime, professional indemnity, medical malpractice, and other financial insurance related coverages for commercial enterprises, financial institutions, not-for-profit organizations, and other professional service providers; and property insurance products for commercial buildings, residential premises, construction projects, property in transit, onshore renewable energy installations, and physical damage and business interruption following an act of terrorism. Further Reading Want to see what other hedge funds are holding AXS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AXIS Capital Holdings Limited ( NYSE:AXS – Free Report ). Receive News & Ratings for AXIS Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AXIS Capital and related companies with MarketBeat.com's FREE daily email newsletter .

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China investigates defence minister for corruption: reportOhio State, Michigan players involved in melee after Buckeyes loss, multiple people pepper sprayedDaily Post Nigeria Tinubu urges politicians to emulate late Wayas Home News Politics Metro Entertainment Sport News Tinubu urges politicians to emulate late Wayas Published on November 30, 2024 By Asare Asare President Bola Tinubu had called on Nigerians, particularly the political elite, to emulate the virtues of the former Senate President, late Dr Joseph Wayas, who was buried in his home town of Bassang in Obanliku LGA of Cross River State on Saturday. Wayas died in London on November 30, 2022 at the age of 80. He was Senate President from 1979 to 1983. The President said that the late Wayas lived for the unity of the country and described him as a peaceful man whose public service records remain indelible. The president was represented by the Secretary to the Government of the Federation, Sen. George Akume Also speaking at the funeral, which had an array of dignitaries and politicians in attendance, was the Cross River State governor, Bassey Otu. He said that the state will uphold and remember the legacy of Wayas. He said Wayas had emphasised love and unity of the country while alive, recalling how influential he was. “It is not merely about the duration of one’s life but the profound influence one has on their era. “On behalf of Cross River State, we pay tribute to you for placing us on the national stage. We shall forever cherish your accomplishments and strive to follow in your footsteps,” he concluded. During the night of tributes held at the U.J. Esuene Stadium on Friday, the President of the Senate, Godswill Akpabio had urged the bereaved family to eschew bitterness and acrimony and emphasise peace, love and unity in order to sustain the legacies which the deceased left. “Now that the government of Cross River has taken the bull by the horns to bring his remains to touch this land, this should be the beginning of unity, peace and true love in that family so that, truly, we can all honour the legacies Wayas left behind,” he said. Related Topics: Tinubu Wayas Don't Miss Nigeria needs listening leaders who don’t act like they know it all – Peter Obi You may like Why we passed Tinubu’s tax reform bills for second reading – Deputy Senate President Tinubu on mission to transform Nigeria like he did in Lagos – French President Macron WTO: Nigeria’ll support you – Tinubu tells Ngozi Okonjo-Iweala on reappointment ‘North will not be party to Tinubu’s Tax Reform Bills’ – Borno Gov, Zulum Arewa youths back Senate on passage of Tinubu’s Tax Reforms Bills for second reading Tinubu Tax Reform bills will bring backwardness to North, benefit only Lagos – Zulum Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd