The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reassured the global community that Nigeria’s financial markets remain stable and “open for business” following the joint Nigeria-U.S. counter-terrorism operation in Sokoto on Christmas Day.
In a statement, the minister clarified that the targeted strikes were a decisive move against terrorism rather than a sign of internal instability.
He emphasised that the precise, intelligence-led operation was designed to protect productive communities and reinforce the foundations of sustainable growth.
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Addressing concerns from investors and multilateral partners, Edun noted that security and economic stability are inseparable.
He maintained that safeguarding the nation is a “pro-growth” action that strengthens market confidence.
“Nigeria is not at war with itself, nor with any nation,” Edun stated.
“Far from destabilising markets or weakening confidence, such actions strengthen the foundations of peace and reinforce the conditions required for sustainable growth.”
The minister highlighted several positive macroeconomic indicators that he said demonstrate the effectiveness of President Bola Tinubu’s ongoing reforms.
Nigeria recorded a 3.98 per cent GDP growth in the third quarter of 2025, following a 4.23 per cent expansion in the second quarter, with a stronger performance expected in the final quarter of the year.
He noted that headline inflation had moderated for the seventh consecutive period and had fallen below 15%.
The minister also disclosed that Nigeria secured credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s over the past year, describing the upgrades as independent global endorsements of the government’s policy direction.
In addition, he said both domestic and international debt markets were operating efficiently, supported by disciplined fiscal management and stronger external buffers.
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Looking ahead, the minister reiterated that the overarching objective for 2026 is to consolidate the gains of the past year.
He signaled that the administration would continue to prioritize fiscal discipline and the building of an inclusive, growth-oriented economy.
Nigeria’s economic fundamentals remained strong as of December 2025.
The economy recorded a GDP growth rate of 3.98% in the third quarter, driven by sustained expansion in the non-oil sector. Inflation fell below 15%, signalling improved price stability.
The country’s credit ratings were upgraded, reflecting heightened investor confidence, while the market outlook remained stable with functioning debt and equity markets.
As markets reopened on Monday, he urged investors to remain confident in Nigeria’s economic trajectory, stressing that the government’s commitment to securing prosperity and driving economic growth remained unwavering.
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