Edun reassures investors after US-Nigeria joint security operation
Wale Edun, Nigeria’s Minister of Finance, has assured investors that the recent joint security operation with the United States in Sokoto will not destabilise markets. Edun emphasised that the operation was intelligence-led and targeted only terrorist elements threatening national stability. He highlighted Nigeria’s ongoing efforts to safeguard citizens and protect economic activity. Edun also pointed to improvements in macroeconomic performance and market resilience.
TLDR
- Wale Edun stated that Nigeria is not at war with itself or any other country, and the recent security operation is part of efforts to protect citizens and the economy.
- The operation, conducted on Christmas Day, was described as precise and focused exclusively on terrorist threats.
- Nigeria’s GDP grew by 3.98 per cent in the third quarter of 2025, following a 4.23 per cent expansion in Q2, while inflation has fallen below 15 per cent.
- On November 3, 2025, the naira declined sharply after Donald Trump threatened military action, and the Nigerian Exchange’s All-Share Index dropped by 0.25 per cent.
- Edun reaffirmed that Nigeria remains open for business and committed to stability as markets reopen on Monday, 29 December 2025.
