Nigeria’s financial markets are holding strong despite the recent joint counterterrorism operation with the US in Sokoto, according to Minister of Finance Wale Edun.
The operation, which targeted terrorist camps on Christmas Day, has not affected the country’s economic stability or investment climate.
Edun, in a statement, noted that security and economic stability go hand-in-hand, stating, “Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment.”
He assured investors that Nigeria is not at war with itself or any nation, but is instead confronting terrorism with international partners.
The minister highlighted Nigeria’s macroeconomic progress under President Bola Ahmed Tinubu, citing 3.98% GDP growth in Q3 2025 and declining inflation below 15%.
He attributed the stability to effective fiscal and monetary policies.
Edun also noted that Nigeria’s financial markets remain robust, with credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s.
“Our financial markets remain resilient. Domestic and international debt markets are stable and functioning efficiently,” he said.
Looking ahead, Edun pointed out that the administration’s goal for 2026 is to consolidate gains, deepen resilience, and build a sustainable economy.
“Nigeria remains open for business, anchored in peace, and firmly focused on the future.”
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