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FG Assures Investors After Nigeria–US Anti-Terror Operation in Sokoto

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The Federal Government says Nigeria’s economy remains stable despite a joint Nigeria–US anti-terror operation in Sokoto on Christmas Day

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The Federal Government has reassured investors and international partners of Nigeria’s economic stability following a joint security operation by Nigerian and United States forces in Sokoto State.

Also read: SGF George Akume Confirms Marriage, Affirms Public Focus

The operation took place on Christmas Day and targeted camps linked to the Islamic State group.

Security forces killed several terrorists, with no reported civilian casualties.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, gave the assurance in a statement dated Sunday and released on Monday via X.

Edun said the operation was intelligence-led and should not be misinterpreted as a sign of internal conflict or instability.

He stressed that Nigeria was not at war with itself or any other nation. He said the country was confronting terrorism in partnership with trusted allies.

“In light of recent enquiries, I wish to reassure investors and partners that Nigeria is not at war,” the statement read.

“What Nigeria is decisively confronting is terrorism, alongside trusted international partners.”

Edun said the security action was precise and focused on protecting lives, national stability, and economic activity.

He added that such actions strengthened peace, safeguarded communities, and supported sustainable economic growth.

“Security and economic stability are inseparable. Every effort to protect Nigerians is pro-growth and pro-investment,” he said.

The minister cited recent macroeconomic indicators to support his position.

He said Nigeria recorded 3.98 per cent GDP growth in the third quarter of 2025.

This followed a 4.23 per cent growth in the second quarter. He said a stronger performance was expected in the fourth quarter.

Edun also said inflation had slowed for the seventh consecutive period and had fallen below 15 per cent.

He attributed the improvement to coordinated fiscal and monetary policies.

On financial markets, Edun said domestic and international debt markets remained stable and efficient.

He added that Nigeria had received credit rating upgrades from Moody’s, Fitch, and Standard & Poor’s over the past year.

Edun said the upgrades reflected confidence in the government’s reforms and economic direction.

He stated that President Bola Ahmed Tinubu’s economic focus for 2026 was to consolidate recent gains and strengthen resilience.

“As markets reopen on Monday, December 29, 2025, investors can remain confident in Nigeria’s stability,” Edun said.

Also read: SGF George Akume Confirms Marriage, Affirms Public Focus

He added that Nigeria remained open for business and firmly focused on the future.

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Beyond Software: Africa’s Next Technology Opportunity Could Be in Chip Design

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Africa’s technology ecosystem has produced innovative fintech, e-commerce and digital service companies. But there is another important part of the technology value chain that deserves attention: semiconductor engineering.

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ChipMango is developing capabilities in chip design, verification and emerging hardware technologies. Its story demonstrates the kind of specialised innovation that deserves greater investment and attention.

Through Boost Africa, a joint initiative of the European Investment Bank (EIB) and African Development Bank, supported by the EU, the EIB helps channel investment through venture capital funds to innovative African enterprises. Discover how this
investment ecosystem is helping create opportunities for businesses working on Africa’s technological future.

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Why Africa Needs More Chip Engineers to Compete in the Global Technology Industry

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From smartphones and laptops to vehicles and AI systems, semiconductors are essential to modern technology. Yet, the expertise required to design these components remains concentrated in a relatively small number of global
technology hubs.

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ChipMango is working to expand access to semiconductor engineering skills and commercial opportunities for African engineers. Its journey also highlights why initiatives such as EIB’s Boost Africa matter. By supporting venture capital funds investing in innovative African businesses, Boost Africa helps strengthen the financing ecosystem needed to develop specialised technology companies. Watch the video to learn how ChipMango is contributing to Africa’s place in the global technology industry.

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ChipMango: Building Nigeria’s Semiconductor Engineering Capabilities for the Global Tech Industry

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Africa’s participation in the global technology industry should go beyond
using digital products and services.

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African engineers also have an opportunity to contribute to the technologies themselves, including the semiconductors that power smartphones, computers, vehicles and artificial intelligence.
Nigerian semiconductor technology company ChipMango is working to develop this capability by connecting engineering education with practical chip-design and verification projects.

Through its investment in African venture capital funds, the European Investment Bank (EIB), under the Boost Africa
initiative, is helping strengthen the ecosystem that supports innovative businesses like ChipMango.
Boost Africa is a joint initiative of the EIB and African Development Bank, supported by the European Union.

Watch the video to discover ChipMango’s story and the opportunities it is helping create.

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