National Elections Commission chairman, Jerome Korkoya, told journalists that 1,550,923 votes had been counted and turnout was at 74.52%.
This left both candidates well short of the 50% mark required to be declared outright winner, from the first round of voting held on Tuesday.
Three other candidates took a significant share of votes, with veteran opposition leader, Charles Brumskine, at 9.8%; former Coca-Cola executive, Alexander Cummings, at 7.1%; and former-warlord-turned-preacher, Prince Johnson, at 7.0%.
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