Nigeria, Nov. 4 -- The Centre for the Promotion of Private Enterprise (CPPE) has warned that the recent threat of possible military action against Nigeria by the US President Donald Trump could have far-reaching economic and diplomatic implications for the country.

In a policy brief signed by its Director, Muda Yusuf, on Monday, the think tank said the comment, which appeared to be based on "incomplete intelligence and misjudged assumptions," had already generated perceptional and economic consequences for Nigeria.

It cautioned that the statement could undermine investor confidence and weaken the country's image as a stable investment destination.

On Saturday, Mr Trump suugested that there could be military action against Nigeria, a da...