A Study Of Risk Management In Nigerian Banks: First Bank Of Nigeria Plc As A Case Study

ABSTRACTThe study analyses the risk management framework of Nigerian banks taking First Bank of Nigeria Plc as a case study. Risk is a fact of life that requires management and/or mitigation in evading its adverse effect in banking operations and practices in Nigeria. In reviewing the literature, it was deduced that bank operations have inherent in it, risk of which are various natures ranging from credit, market, operations, liquidity, legal, information etc having their unique characteristics, treatment options, evaluations and measuring criteria that the success of its business is tied to i…