Risk Tips: Enterprise Risk Management Issue 1, 2 and 3

  • Dec 07, 2016
  • RIMAN

Enterprise Risk Management (ERM)

Risk Managment

A probability or threat of damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through pre-emptive action. Read More

Risk Vs Risk Managment

Risk management is the identification, assessment, and prioritization of risk (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability and/or impact of unfortunate events or to maximize the realization of opportunities

What is Enterprise Risk Management

According to the Committee of Sponsoring Organizations (COSO)  Enterprise Risk Management is a process, effected by an entity's board of directors, management and other personnel, applied in strategy-setting and across the enterprise, designed to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives. Read More

Quick Pick

Risk of Fuel Tanker Fire

Mitigation Strategies

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ABUJA QUARTERLY RISK ROUND-TABLE (QRRT)/ INDUCTION 2018

Abuja Q3 2018 Quarterly Risk Round Table (QRRT) and New Members Induction Programme. The Programme will take place in Abuja as follows: Date - Tuesday, 28th of August, 2018 Time - 10.00 am to 3.00 pm Venue - Ajuji Greenwich Hotel, Plot 1083, Joseph Gomwalk Street, Off Abdulsalami Abubakar Road,…

CBN, Director of Banking Supervision Department officially joins Risk Manager Association of Nigeria.

Central Bank of Nigeria, Director of Banking Supervision Department, Alhaji Ahmad Abdulahi is the latest high profile individual to join RIMAN. Prior to now, Alhaji Abdulahi has been a strong supporter of RIMAN. Alhaji Ahmad Abdulahi oversees banking supervision department of the Apex Bank. The department conduct off-site surveillance and…

Endowment of Academic Prize in UNILAG by Risk Managers Association of Nigeria (RIMAN)

In furtherance of its mission to achieve continuous capacity building in Risk Management, Risk Managers Association of Nigeria (RIMAN), recently made a historic move in establishing and endowment of academic prize for the best graduating student of the Masters of Risk Management (MRM) programme of the Actuarial Science & Insurance…