Nigeria’s financial markets remain stable following joint US–Nigerian airstrikes targeting ISIS terrorists in Sokoto on Christmas Day, December 25, Finance Minister Wale Edun has assured.
In a statement released on Sunday, Edun emphasized that both domestic and international debt markets continue to function efficiently, citing prudent fiscal management as a stabilizing factor.
“Our financial markets remain resilient. Domestic and international debt markets are stable and functioning efficiently, supported by prudent fiscal management,” he said.
The minister clarified that Nigeria is not at war with itself or any nation, stressing that the military operation was intelligence-led and precisely targeted at terrorist elements to protect civilians, national stability, and economic activity.
“Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment,” Edun added.
Highlighting the government’s economic performance under President Bola Ahmed Tinubu, Edun noted:
· Q2 2025 GDP growth: 4.23%
· Q3 2025 GDP growth: 3.98%, with stronger growth expected in Q4
· Inflation: below 15%, marking the seventh consecutive deceleration
· Credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s
He said these indicators reflect the effectiveness of coordinated fiscal and monetary policies, fiscal discipline, and Nigeria’s resilience to external shocks.
“As President Tinubu noted, our overarching objective for 2026 is to consolidate the gains of 2025, strengthen Nigeria’s economic resilience, and continue building a sustainable, inclusive, and growth-oriented economy. The actions we take today—on security, reforms, and fiscal discipline—are aligned with that goal,” Edun stated.
He reassured investors and multilateral partners that economic fundamentals are strong, policy direction is clear, and the administration remains committed to peace, prosperity, and sustainable growth.
“As markets reopen on Monday, 29 December 2025, investors can be confident that Nigeria remains focused, reform-driven, and committed to stability. Nigeria remains open for business, anchored in peace, and firmly focused on the future,” the minister concluded.
