Ahead of the 2027 general election, users of Polymarket, a decentralised global prediction platform, have started staking money on the candidate likely to win Nigeria’s presidential race.
Checks by Chronicle NG on the platform’s portal on Monday showed that President Bola Tinubu is currently leading the predictions.
Tinubu holds a significant lead with a 68 per cent probability rating, recording over $14,823 in trading volume.
He is followed by Peter Obi, the presidential candidate of the Nigeria Democratic Congress (NDC), who occupies second position with 25 per cent, representing $5,937 in trading volume.
Tinubu clinched the All Progressives Congress (APC) presidential ticket for the 2027 election last month after polling 10,999,162 votes to defeat his sole challenger, Stanley Osifo, who received 16,503 votes.
Obi was declared the NDC presidential candidate unopposed.
Rotimi Amaechi, former minister of transportation, is placed third with 1.5 per cent and $2,748 in trading volume.
The former governor of Rivers State lost the African Democratic Congress (ADC) presidential ticket to former Vice-President Atiku Abubakar.
Also, Rabiu Musa Kwankwaso, running mate to Obi, stands at less than 1 per cent, with $2,265 in trading volume.
Omoyele Sowore, presidential candidate of the African Action Congress (AAC), has recorded less than 1 per cent of the bets on the poll and $2,926 in trading volume.
The platform utilises a dynamic graph that tracks the fluctuating fortunes of political actors as users trade shares based on changing political narratives in the country.
Users bet on a candidate by buying “Yes” shares and bet against a candidate by buying “No” shares.
