
The Digest:
Finance Minister Wale Edun has assured investors that the recent U.S. airstrike on terrorist targets in Sokoto State will not destabilise Nigeria’s financial markets, framing the operation instead as a reinforcement of security and economic confidence. In a statement issued Sunday, Edun described the Christmas Day strike as “precise, intelligence-led” and focused solely on threats to national stability.
Key Points:
- Edun stated the operation was targeted and will not disrupt financial stability
- The airstrike targeted ISWAP elements in Sokoto as part of Nigeria-US counter-terror cooperation
- He highlighted Nigeria’s GDP growth of 3.98% in Q3 2025 and declining inflation
- The minister cited credit rating upgrades from Moody’s, Fitch, and S&P as market confidence indicators
- Edun linked security actions to pro-growth, pro-investment outcomes
- He reaffirmed the administration’s commitment to fiscal discipline and macroeconomic resilience
- The assurance comes ahead of markets reopening after the holiday period
Sources: Business Day, Business Post