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

  • Dec 07, 2016

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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Vacancy exists for positions in a leading Corporate Organization in Nigeria:

Vacancy exists for the under listed positions in a leading Corporate Organization in Nigeria:   1. Market Risk Officer: The candidate must understand: Market risk management framework: definition and update of risk limits Contribution to the risk appetite definition Entry point for the Enterprise Risk Management requests: risk identification process,…


Risk Management Association of Nigeria (RIMAN), in conjunction with Lagos Business School (LBS), is organising a Risk Round Table to discuss the central risk management issue of "People Risk Management and Risk Culture Building". It is an established fact that organisations/institutions achieve sustainability by managing people risk and embedding the…