US Strike: Nigeria Remains Safe for Business, Edun Tells Investors

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has reassured investors that the country’s recent joint security operation with the US in Sokoto would not destabilise markets.

The operation, conducted on Christmas Day, targeted terrorist elements threatening national stability and communities.

“The operation in question was precise, intelligence-led, and focused exclusively on terrorist elements that threaten innocent lives, national stability, and economic activity,” Edun said in a statement.

He emphasised that Nigeria is not at war with itself or any nation, but is instead confronting terrorism in partnership with trusted international allies.

Edun highlighted the country’s strong macroeconomic performance, citing GDP growth of 3.98% in Q3 2025 and inflation below 15%.

“Security and economic stability are inseparable; every effort to safeguard Nigerians is, by definition, pro-growth and pro-investment,” he added.

The minister also pointed out that Nigeria’s financial markets remain resilient, with domestic and international debt markets stable and functioning efficiently.

CBN Governor Olayemi Cardoso attributed the growth in FX reserves to clearing the foreign exchange backlog and improving transparency in the FX market.