Edun: Economy stable despite Sokoto airstrikes, markets show strong gains
Finance Minister Wale Edun says Nigeria’s economy remains stable despite the recent joint Nigeria US airstrikes on terrorist camps in Sokoto State. He stressed that such security operations strengthen investor confidence rather than undermine it. Edun explained that the precise, intelligence led strikes targeted threats to national safety and economic activity, distinguishing them from actions that could destabilise markets. He noted that security and economic stability are interconnected, with every effort to protect citizens being inherently pro growth and pro investment. Under President Bola Tinubu’s leadership, Nigeria recorded 3.98% GDP growth in Q3 2025 after 4.23% in Q2, with stronger Q4 performance expected. Inflation has fallen below 15% for the seventh straight month due to effective fiscal and monetary policies. Nigeria’s financial markets are operating smoothly with credit upgrades from Moody’s, Fitch and S&P validating reform efforts. The stock market […]
